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, Lanxess Corporation Defined Contribution Plan is a benefit plan reported by Lanxess Corporation under EIN 26-0081950 and plan number 010. The latest loaded filing year is 2023. The filing reports 3,777 participants and $764,135,562 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $764,135,562
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $764,135,562
- Net assets (BOY)
- $691,132,378
Income & contributions
- Employer contributions
- $18,814,948
- Participant contributions
- $21,909,357
- Total contributions
- $44,824,119
- Total income / additions
- $159,328,526
Expenses & distributions
- Benefits paid
- $74,370,388
- Administrative expenses
- $367,950
- Total expenses
- $74,768,959
- Net increase / (decrease)
- $84,559,567