Braskem America 401(k) match, vesting and fees
What Braskem America's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Voya Retirement Insurance & Annuity | Schedule C ↗ |
| Independent auditor | Plante Moran PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,612 defined-contribution plans in manufacturing with 500 to 999 participants.
| Braskem America: employer contribution per participant | $9,095 | |
| Peer median | $2,038 |
| Braskem America: average balance | $256,106 | |
| Peer median | $72,907 |
| Braskem America: admin expenses ÷ assets | 0.18% | |
| Peer median | 0.20% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $188M at the end of plan year 2021 to $230M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 964 | $230M | $8.2M | $9,095 | 0.18% | Not published | Form 5500 ↗ |
| 2023 | 979 | $201M | $8M | $8,826 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 965 | $166M | $7M | $7,835 | 0.05% | Not published | Form 5500 ↗ |
| 2021 | 890 | $188M | $8M | $9,406 | 0.11% | Not published | Form 5500 ↗ |
Other Braskem America plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Novamont Retirement Savings Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
Novamont Hourly Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Plante & Moran PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Braskem America match 401(k) contributions?
The match terms for the Braskem Retirement Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $8.2M in employer contributions, about $9,095 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Braskem America 401(k) match vested?
The vesting schedule for the Braskem Retirement Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Braskem America 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Voya Retirement Insurance & Annuity. The plan administrator is Braskem America, Inc..
I left Braskem America. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Braskem America, Inc., (215) 841-3115) or the recordkeeper, Voya Retirement Insurance & Annuity. The Braskem America old 401(k) page lists the contacts from every plan filing. Find an old Braskem America 401(k)
Data from the public Form 5500 annual reports Braskem America filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Braskem America. Not financial advice. Report a correction · Methodology