Lanxess Corporation Defined Contribution Plan — Form 5500 plan (Lanxess Corporation)
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, Lanxess Corporation Defined Contribution Plan is a benefit plan reported by Lanxess Corporation under EIN 26-0081950 and plan number 010. The latest loaded filing year is 2023. The filing reports 3,777 participants and $764,135,562 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$764.1MPlan net assets, end of year$764,135,562
Participants3.8KCovered participants reported3,777
Assets / participant$202.3KComputed: assets ÷ participants$202,313 (computed)
Provider compensation$378.3K2 Schedule C provider row(s)$378,275
- Plan sponsor
- Lanxess Corporation
- EIN
- 26-0081950
- Plan number
- 010
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,777 | H, C | 20241003082736NAL0017325504001 |
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)$764.1M total assets
Net assets$764.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $764,135,562
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $764,135,562
- Net assets (BOY)
- $691,132,378
Income & contributions
- Employer contributions
- $18,814,948
- Participant contributions
- $21,909,357
- Total contributions
- $44,824,119
- Total income / additions
- $159,328,526
Expenses & distributions
- Benefits paid
- $74,370,388
- Administrative expenses
- $367,950
- Total expenses
- $74,768,959
- Net increase / (decrease)
- $84,559,567
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Vanguard Advisers Inc. | NONE | $192,831 | not reported in the loaded dataset | 2023 |
| The Vanguard Group, Inc. | NONE | $185,444 | $0 | 2023 |