Plan Ledger DOL Form 5500 · updated monthly

Equistar Chemicals, LP401(k)

BASELL SAVINGS AND INVESTMENT PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Equistar Chemicals, LP reported $12,555 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,003 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.05%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,791st-largest of 5,688 plans among Texas employers on file, and the 5,253rd of 13,661 in manufacturing. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,073,111
Participants with balances97
Active participants64
Employer contributions$256,177
Employee contributions$620,852
Employer contribution per active participant$4,003
Average account balance$248,176
Benefits paid to participants$3,595,416
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$24.1M · 97 accts · $256K emplr
2023$23.4M · 100 accts · $259K emplr
2022$20.7M · 103 accts · $271K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,791
Investment management$2,264
Audit (IQPA)$7,500
Total administrative$12,555
The Equistar Chemicals, LP 401(k) match · 2024
Employer contribution per active participant$4,003
Median for plans this size$2,416
2024$4,003 per active participant
2023$3,761 per active participant
2022$3,925 per active participant

Equistar Chemicals, LP's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
PRICEWATERHOUSECOOPERS · Accounting / audit$7,500

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$12,555 · 0.05%
2023$26,864 · 0.12%
2022$2,240 · 0.01%
Similar plansManufacturing · Texas
Koenig & Bauerus Inc. TX$24.5M · 0.23%
Ingram Readymix, Inc. TX$24.5M · 0.55%
Ito En North America Inc. TX$24.5M · 0.56%
American Alloy Steel, Inc. TX$23.5M · 0.34%
Firefly Aerospace Inc. TX$23.5M · 0.79%
Thomas Reprographics, Inc. TX$23.2M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 760550481 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.