Plan Snapshot
- Plan Sponsor: Lanxess Corporation
- Sponsor EIN: 260081950
- Sponsor Address: 111 RIDC PARK WEST DRIVE, PITTSBURGH, PA, 15275
- Plan Type: DB
- Total Participants: 136
- Total Assets: $114.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 136 | $114.4M | $0 | $0 |
| 2023 | 149 | $153.8M | $0 | $0 |
| 2022 | 167 | $159.3M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHNEIDER DOWNS & CO., INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHNEIDER DOWNS & CO., INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,477,586 | $561,598 | — | — | — |
| 2023 | $2,470,530 | $645,291 | $144,000 | — | — |
| 2022 | $2,361,773 | $733,591 | $429,500 | — | — |