Retirement plan

CELANESE AMERICAS RETIREMENT SAVINGS PLAN

Name: CELANESE AMERICAS LLC - CELANESE AMERICAS RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: CELANESE AMERICAS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CELANESE AMERICAS RETIREMENT SAVINGS PLAN, CELANESE AMERICAS LLC

CELANESE AMERICAS LLCEIN 22-1862783Plan #001PY 2024

222 W LAS COLINAS BLVD, SUITE 900N - IRVING, TX 75039972-443-4000

Other plans on this EIN

1 filing

#004Retirement-$1.88B assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$993.4M

+7.8% from 2023

Total participants

4,185

-3.5% from 2023

Average account balance

$238,577

+11.4% from 2023

Annual return

12.40%

-5.86 pp from 2023

Benchmarks

See 422 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort422 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$993.43M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$239K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

4,164

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$73.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.40%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$201

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 7 by compensation

Provider	Service type	Compensation
BLACKROCK10+ years Filed as: BLACKROCK INSTITUTIONAL TRUST CO Service code 21 · EIN 94-3112180	Bank Trustee	$570,148
FID INV INST OPS CO1 year Filed as: FID INV INSTL OPS CO LLC Service code 37 · EIN 04-2647786	Loan Processing	$216,703
STATE STREET GLOBAL ADVISORS2 years Filed as: STATE STREET BANK AND TRUST COMPANY Service code 25 · EIN 04-1867445	Directed Trustee	$120,891
RUSSELL TRUST COMPANY10+ years Filed as: RUSSELL INVESTMENTS Service code 16 · EIN 91-1659779	Consulting	$50,000
WHITLEY PENN LLP1 year Service code 10 · EIN 75-2393478	Accounting	$42,697
STATE STREET GLOBAL ADVISORS2 years Service code 28 · EIN 81-4017137	Investment Management	$30,000
K&L GATES6 years Service code 29 · EIN 25-0921018	Legal	$13,710

Plan features & details

Pension benefit codes2E2F2G2J2K3F3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$838K

$286 / participant

Recordkeeping$186K22.2%
Trustee / custodial$145K17.3%
Investment mgmt$435K51.9%
Legal$3K0.4%
Other / not subdivided$68K8.1%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WHITLEY PENN LLP
Auditor EIN: 752393478
Audit fees: $-44,861
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$238,577

$112,582+111.9%

$105,607+125.9%

$199,960+19.3%

Participation rate

99.3%

86.3%+13.0pp

75.3%+24.0pp

72.0%+27.3pp

Annual return

12.40%

15.58%-3.2pp

116.11%-103.7pp

34.28%-21.9pp

Employer contribution / active EE

$12,803

$4,580+179.5%

$3,167+304.3%

$3,036+321.7%

Participant deferral / active EE

$12,233

$6,655+83.8%

$5,011+144.1%

$5,087+140.5%

Admin fee / account holder

$201

$107+88.2%

$10,958-98.2%

$269-25.3%

Provider

Service type

Compensation

BLACKROCK10+ years

Filed as: BLACKROCK INSTITUTIONAL TRUST CO

Service code 21 · EIN 94-3112180

Bank Trustee

$570,148

FID INV INST OPS CO1 year

Filed as: FID INV INSTL OPS CO LLC

Service code 37 · EIN 04-2647786

Loan Processing

$216,703

STATE STREET GLOBAL ADVISORS2 years

Filed as: STATE STREET BANK AND TRUST COMPANY

Service code 25 · EIN 04-1867445

Directed Trustee

$120,891

RUSSELL TRUST COMPANY10+ years

Filed as: RUSSELL INVESTMENTS

Service code 16 · EIN 91-1659779

Consulting

$50,000

WHITLEY PENN LLP1 year

Service code 10 · EIN 75-2393478

Accounting

$42,697

STATE STREET GLOBAL ADVISORS2 years

Service code 28 · EIN 81-4017137

Investment Management

$30,000

K&L GATES6 years

Service code 29 · EIN 25-0921018

Legal

$13,710

CELANESE AMERICAS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CELANESE AMERICAS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion