Defined Benefit (Pension) · DOL Form 5500 · 2024
Essential Holding America, LLC Pension Plan
Data updated 2026-07-24
- $260M
- Total assets
- 514
- Participants
- 95th
- Percentile by assets
- $505,543
- Avg per participant
Official DOL plan name: Solvay US Companies Pension Plan · Sponsored by Essential Holding America, LLC · New Jersey · Manufacturing
$260M in assets, 514 participants
Essential Holding America, LLC's Solvay US Companies Pension Plan reported $260M in total assets and 514 participants in its 2024 DOL Form 5500 filing, ranking in the 95th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 95th percentile by assets (of 116,472 plans)
Where Solvay US Companies Pension Plan sits by assets
Solvay US Companies Pension Plan sits in the top 5% of all filed plans by assets, $260M for 514 participants (~$505,543/participant), up 9.1% in 2024.
- $260M
- total plan assets (2024 EOY)
- 514
- covered participants
- 95th
- percentile by assets (of 116,472 plans)
- $505,543
- avg assets per participant
The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Solvay US Companies Pension Plan reported net income fell from $28M in the plan year 2023 filing to -$20M in the plan year 2024 filing.
- Solvay US Companies Pension Plan end-of-year assets rose from $238M in the plan year 2023 filing to $260M in the plan year 2024 filing.
- Solvay US Companies Pension Plan reported participants fell from 527 in the plan year 2023 filing to 514 in the plan year 2024 filing.
Solvay US Companies Pension Plan vs the 2024 asset distribution
By assets, Solvay US Companies Pension Plan outranks 95% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.6x the national average plan size of $100M (730 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $238M |
|---|---|
| Net Assets (End of Year) | $215M |
| Net Income | -$20M |
| Employer EIN | 923594273 |
| Plan Effective Date | 2023-11-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Essential Holding America, LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2023 | 2 | 527 | $646M |
| 2024 | 2 | 1,403 | $693M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Solvay US Companies Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.1B · 37,882
- JPMorgan Chase Retirement Plan $16.1B · 83,812
- Nokia Retirement Income Plan $12.9B · 7,280
- The Prudential Merged Retirement Plan $12.0B · 16,233
- Merck US Pension Plan $10.1B · 26,843
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Solvay US Companies Pension Plan by total assets, not by location.
- The Retirement Income Plan for Employees of the Colonial Williamsburg Foundation (VA) $260M · 1,094
- Northwestern Ohio Plumbers and Pipefitters Pension Plan and Trust (OH) $260M · 1,126
- Retirement Plan of Sasol (USA) Coporation (TX) $259M · 1,290
- Ing Financial Services LLC Retirement Plan (NY) $259M · 312
Frequently Asked Questions
How did Solvay US Companies Pension Plan assets move in 2024? ▼
How have Essential Holding America, LLC plan assets changed over time? ▼
Where does Solvay US Companies Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Solvay US Companies Pension Plan? ▼
Next read for Solvay US Companies Pension Plan
Scale reading
Ways to act on Solvay US Companies Pension Plan's numbers.
- By total assets, Solvay US Companies Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Essential Holding America, LLC's sponsor-wide assets have grown 7.2% since 2023 across 2 plan years on file. More Manufacturing plans
Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.
Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 923594273.
Read our methodology - how this data is sourced, computed, and verified.