Solvay Companies Retiree Medical And Life Insurance Plan — Form 5500 plan (Solvay Usa LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Solvay Companies Retiree Medical And Life Insurance Plan is a benefit plan reported by Solvay Usa LLC under EIN 22-3539954 and plan number 510. The latest loaded filing year is 2023. The filing reports 5,003 participants and $5,752,596 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.7MPlan net assets, end of year$5,726,442
Participants5KCovered participants reported5,003
Assets / participant$1.1KComputed: assets ÷ participants$1,150 (computed)
Provider compensation$12.3K1 Schedule C provider row(s)$12,292
- Plan sponsor
- Solvay Usa LLC
- EIN
- 22-3539954
- Plan number
- 510
- Plan type
- 2
- Location
- Princeton, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,003 | H, C | 20241015174629NAL0030534913001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.8M total assets
Net assets$5.7MLiabilities$26.2K
Full reported line items
Net assets
- Total assets (EOY)
- $5,752,596
- Total liabilities (EOY)
- $26,154
- Net assets (EOY)
- $5,726,442
- Net assets (BOY)
- $9,178,027
Income & contributions
- Employer contributions
- $2,378,885
- Participant contributions
- $2,671,099
- Total contributions
- $5,049,984
- Total income / additions
- $5,327,280
Expenses & distributions
- Benefits paid
- $8,110,110
- Administrative expenses
- $668,755
- Total expenses
- $8,778,865
- Net increase / (decrease)
- -$3,451,585
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
47%53%
Employer 47%Participant 53%
Total expenses ÷ net assets153%Computed ratio
Benefits paid ÷ total income152%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pnc Institutional Asset Management | NONE | $12,292 | $0 | 2023 |