Plan Ledger DOL Form 5500 · updated monthly

Lyondell Chemical Company401(k)

LYONDELLBASELL SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Lyondell Chemical Company reported $1,296,794 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $7,283 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 0.02% to 0.05%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 53rd-largest of 5,688 plans among Texas employers on file, and the 122nd of 13,661 in manufacturing. In 2024, employees put in $1.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,671,491,588
Participants with balances10,036
Active participants7,839
Employer contributions$57,091,587
Employee contributions$108,626,384
Employer contribution per active participant$7,283
Average account balance$266,191
Benefits paid to participants$295,281,605
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.7B · 10,036 accts · $57.1M emplr
2023$2.4B · 10,154 accts · $53.9M emplr
2022$2.0B · 9,870 accts · $49.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$361,148
Investment management$792,646
Audit (IQPA)$143,000
Total administrative$1,296,794
The Lyondell Chemical Company 401(k) match · 2024
Employer contribution per active participant$7,283
Median for plans this size$5,259
2024$7,283 per active participant
2023$6,692 per active participant
2022$6,457 per active participant

Lyondell Chemical Company's 2024 employer contribution ran above the $5,259 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$693,449
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$392,300
PRICEWATERHOUSECOOPERS · Accounting / audit$143,000
UBS FINANCIAL SERVICES INC. · Investment advisory (plan) · Investment management$99,197

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$1,296,794 · 0.05%
2023$1,325,029 · 0.06%
2022$423,658 · 0.02%
Same employer
Similar plansManufacturing · Texas
Nxp USA, Inc. TX$3.7B · 0.20%
Alcon Vision, LLC TX$2.9B · 0.02%
Tesla, Inc. TX$2.5B · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954160558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.