Plan5500

Occidental Chemical Corporation Retirement Plan For Niagara Hrly Union Employees — Form 5500 plan (Occidental Chemical Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Occidental Chemical Corporation Retirement Plan For Niagara Hrly Union Employees is a benefit plan reported by Occidental Chemical Corporation under EIN 16-0484732 and plan number 042. The latest loaded filing year is 2023. The filing reports 465 participants and $527,440,457 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$525.8MPlan net assets, end of year$525,818,054
Participants465Covered participants reported
Assets / participant$1.1MComputed: assets ÷ participants$1,134,281 (computed)
Provider compensation$552.9K1 Schedule C provider row(s)$552,864
Plan sponsor
Occidental Chemical Corporation
EIN
16-0484732
Plan number
042
Plan type
2
Location
Houston, TX
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023465H, C20241014151259NAL0045040720001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$527.4M total assets
Net assets$525.8MLiabilities$1.6M
Money in vs. money out
Total income / additions$43.4M
Total expenses$49.8M
Benefits paid / distributions$44M
Contributions
Employer$8M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$527,440,457
Total liabilities (EOY)
$1,622,403
Net assets (EOY)
$525,818,054
Net assets (BOY)
$43,803,674

Income & contributions

Employer contributions
$8,000,000
Total contributions
$8,000,000
Total income / additions
$43,365,567

Expenses & distributions

Benefits paid
$43,991,449
Administrative expenses
$5,804,839
Total expenses
$49,796,288
Net increase / (decrease)
-$6,430,721
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income101%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers Watson Us LLCSERVICE PROVIDER$552,864not reported in the loaded dataset2023

Related Form 5500 pages