Plan Snapshot
- Plan Sponsor: Lyondell Chemical Company
- Sponsor EIN: 954160558
- Sponsor Address: 2800 POST OAK BLVD, SUITE 5100, HOUSTON, TX, 77056
- Plan Type: DB
- Total Participants: 8,131
- Total Assets: $934.6M
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 | 8,131 | $934.6M | $22.2M | $0 |
| 2023 | 8,606 | $974.6M | $24.6M | $0 |
| 2022 | 8,160 | $948.3M | $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 |
|---|---|---|---|---|
| TELUS HEALTH (US) LTD. | NONE | $1,525,670 | — | $1,525,670 |
| WILLIS TOWERS WATSON US LLC | NONE | $399,461 | — | $399,461 |
| PRICEWATERHOUSECOOPERS | NONE | $163,000 | — | $163,000 |
| CROWE LLP | Auditor | $163,000 | — | $163,000 |
| THE BANK OF NEW YORK MELLON | TRUSTEE | $74,669 | — | $74,669 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- PRICEWATERHOUSECOOPERS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,325,800
- Estimated Expense Ratio: 0.249% 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 | $9,805,149 | — | — | $163,000 | — |
| 2023 | $8,919,906 | — | — | $120,000 | — |
| 2022 | $6,251,236 | — | $1,696,212 | — | $834,240 |