Retirement plan

CELANESE AMERICAS PENSION PLAN FOR MEREDOSIA UNION EMPLOYEES

Name: CELANESE AMERICAS LLC - CELANESE AMERICAS PENSION PLAN FOR MEREDOSIA UNION EMPLOYEES (2022) Form 5500
Creator: CELANESE AMERICAS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CELANESE AMERICAS PENSION PLAN FOR MEREDOSIA UNION EMPLOYEES, CELANESE AMERICAS LLC

CELANESE AMERICAS LLCEIN 22-1862783Plan #006PY 2022

222 W. LAS COLINAS BLVD., SUITE 900N - IRVING, TX 750395421972-443-4000

Other plans on this EIN

2 filings

#004Retirement-$2.02B assets #001Retirement-$790.0M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$616K

-0.3% from 2016

Total participants

+0.8% from 2016

Average account balance

No prior year

Annual return

-196.46%

-8.83 pp from 2016

Benchmarks

See 629 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined benefit

Participants<25

Cohort629 peers

Snapshot2022

Participant deferral / active EE

median $0

Employer contribution / active EE

median $19,108

Participation rate

0.0%

median 0.0%

Avg account balance

median $23,672

Admin fee / account holder

median $42,144

Annual return

-196.46%

median -12.66%

Overall peer rank

0of 100

0th percentileavg across 6 metrics

Analytics

2015 - 2023

Total assets (EOY)

Plan-year ending balance

Average account balance

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

$145K

Participants with account balance

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

244

Eligible Participants and Participation

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

0.0%

Contributions (total)

Employer and participant dollars contributed each year

$81K

Contributions per participant

Average employer and participant contribution per enrolled participant

$1M

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

-100.00%

Admin fee / account holder

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

Asset composition

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

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes1B1H3F3H

Plan features

1B
Benefits are primarily flat dollar
Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
1H
PBGC terminated and closed out plan
Plan covered by PBGC that was terminated and closed out for PBGC purposes (standard or distress termination with distribution of plan assets or trustee appointed under ERISA section 4042).
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$33,081-100.0%

$53,690-100.0%

$349,369-100.0%

Participation rate

0.0%

25.0%-25.0pp

8.6%-8.6pp

44.4%-44.4pp

Annual return

-196.46%

0.10%-196.6pp

-4.80%-191.7pp

-14.65%-181.8pp

Employer contribution / active EE

$45,650-100.0%

$30,897-100.0%

$46,322-100.0%

Participant deferral / active EE

$30-100.0%

$64-100.0%

$60-100.0%

Admin fee / account holder

$51,060-100.0%

$40,849-100.0%

$14,582-100.0%

CELANESE AMERICAS PENSION PLAN FOR MEREDOSIA UNION EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CELANESE AMERICAS PENSION PLAN FOR MEREDOSIA UNION EMPLOYEES

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