Plan Snapshot
- Plan Sponsor: Lyondell Chemical Company
- Sponsor EIN: 954160558
- Sponsor Address: 2800 POST OAK BLVD, HOUSTON, TX, 77056
- Plan Type: 401(k)
- Total Participants: 7,839
- Total Assets: $2.7B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 7,839 | $2.7B | $57.1M | $108.6M |
| 2023 | 8,059 | $2.4B | $53.9M | $102.0M |
| 2022 | 7,715 | $2.0B | $49.8M | $93.5M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $693,449 | — | $693,449 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $392,300 | — | $392,300 |
| PRICEWATERHOUSECOOPERS | ACCOUNTANT/AUDITOR | $143,000 | — | $143,000 |
| CROWE LLP | Auditor | $143,000 | — | $143,000 |
| UBS FINANCIAL SERVICES INC. | INVESTMENT ADVISOR | $99,197 | — | $99,197 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- PRICEWATERHOUSECOOPERS — ACCOUNTANT/AUDITOR
- UBS FINANCIAL SERVICES INC. — INVESTMENT ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,470,946
- Estimated Expense Ratio: 0.055% of plan assets
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 | $1,296,794 | $792,646 | — | $143,000 | — |
| 2023 | $1,325,029 | $800,088 | — | $140,000 | — |
| 2022 | $423,658 | $558,102 | — | — | — |