Defined Benefit (Pension) · DOL Form 5500 · 2024

Covestro LLC Pension Plan

Data updated 2026-08-25

$206M
Total assets Near avg plan size
588
Participants Below avg headcount
94th
Percentile by assets National rank
$349,720
Avg per participant High balance/head
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Official DOL plan name: Covestro LLC Pension Plan · Sponsored by Covestro LLC · Pennsylvania · Manufacturing

$206M in assets, 588 participants

Covestro LLC's Covestro LLC Pension Plan reported $206M in total assets and 588 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,254 in Manufacturing (17,777 peers)

Where Covestro LLC Pension Plan sits by assets

Covestro LLC Pension Plan sits in the top 10% of all filed plans by assets, $206M for 588 participants (~$349,720/participant), down 11.9% in 2024.

#16,254
in Manufacturing (17,777 peers)
-11.9%
assets change YoY
2.1×
vs typical plan assets (national mean)

The plan reported a net loss of $28M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Covestro LLC Pension Plan's outsized position by total assets

Covestro LLC Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$205,635,634 Top 6% higher than 94% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Covestro LLC Pension Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covestro LLC Pension Plan sits mid-pack in the medium band (588 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Covestro LLC Pension Plan reported net income fell from -$12M in the plan year 2023 filing to -$28M in the plan year 2024 filing.
  • Covestro LLC Pension Plan end-of-year assets fell from $233M in the plan year 2023 filing to $206M in the plan year 2024 filing.
  • Covestro LLC Pension Plan reported participants fell from 637 in the plan year 2023 filing to 588 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 061653740 · Covestro LLC PY 2024 · Defined Benefit (Pension)

Covestro LLC Pension Plan · $206M · 588 · 94th

  • TYPE $206M
  • TYPE 588
  • TYPE 94th
  • TYPE Defined Benefit (Pension)
  • TYPE near Alaska United Food and Commercial Workers Pension Trust
  • TYPE ind #16254

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Covestro LLC Pension Plan in the asset neighbourhood

News Corp Pension Plan$206MDynegy Pension Plan$206MPlan for Retirement Allowances for Non Represented EmployeesPlan for Retirement Allowanc…$206MCovestro LLC Pension Plan$206MAlaska United Food and Commercial Workers Pension TrustAlaska United Food and Comme…$206M
End-of-year total assets ($M) among Covestro LLC Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$233M
Net Assets (End of Year)$206M
Net Income-$28M
Employer EIN061653740
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covestro LLC)

Sponsor-wide plan assets over time

All Covestro LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 15.757136978338021% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B 202220232024 $1.53B $1.77B ▲ +15.7%
Year Plans Participants Total Assets
2022 2 3,496 $1.5B
2023 2 3,262 $1.7B
2024 2 3,149 $1.8B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Covestro LLC Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Covestro LLC Pension Plan, Total assets ($B): 0.205635634 · Participants: 588Covestro LLC Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Covestro LLC Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Covestro LLC Pension Plan side-by-side with 3 peers →

Covestro LLC Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Alaska United Food and Commercial Workers Pension Trust in OR ($206M); by covered participants it is Sappi North America, Inc. Retirement Plan for Hourly Employees in MA (589 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($206M here).

Similar participant headcount

Nearest other-state filings by covered participants (588 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covestro LLC Pension Plan assets move in 2024? ▼
Covestro LLC Pension Plan pulled back noticeably - down 11.9% during 2024, from $233M to $206M. Reported net income was -$28M.
How have Covestro LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covestro LLC's sponsor-wide assets grew 15.8%, from $1.5B to $1.8B.
Where does Covestro LLC Pension Plan rank by assets among Form 5500 filers? ▼
Covestro LLC Pension Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Covestro LLC Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Alaska United Food and Commercial Workers Pension Trust in OR ($206M, 1,622 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Covestro LLC Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sappi North America, Inc. Retirement Plan for Hourly Employees in MA (589 participants, $72M in assets).

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 061653740.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.