Covestro Llc 401(k) Plan: Login, Facts & Contact Information

Covestro Llc 401(k) Plan Facts

Plan name
COVESTRO LLC SAVINGS AND RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
COVESTRO LLC
Participants
3,162 (2,549 active employees)
Former employees with a balance
532
Plan assets
$1,569,167,276 at Dec 31, 2024
Average account balance
$498,623 across 3,147 accounts
Employer contributions
$37,996,170 in plan year 2024 (49% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 2015
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 1, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $78.4 million went into the plan in contributions, $38.0 million of it from the employer (49%).
  • $126.3 million was paid out to participants.
  • Investment and other income added $175.9 million.
  • Administrative expenses were $797,454, about $253 per account.

How the Covestro Llc 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,900$1.27 billion$41.8 million$76.5 million
20203,018$1.39 billion$37.3 million$122.9 million
20212,942$1.55 billion$37.9 million$111.6 million
20223,189$1.29 billion$44.0 million$118.4 million
20233,203$1.44 billion$35.8 million$127.9 million
20243,162$1.57 billion$38.0 million$126.3 million

Covestro Llc 401(k) Contact Information

Phone
412-777-2157
Mailing address
1 COVESTRO CIRCLE, PITTSBURGH PA 15205
Plan sponsor
COVESTRO LLC
Employer identification number (EIN)
06-1653740
Plan number
002

Questions about the Covestro Llc 401(k)

Does Covestro Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $38.0 million, 49% of all contributions.

Does the Covestro Llc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Covestro Llc 401(k) plan?

3,162 participants at the start of plan year 2024, 2,549 of them active employees, and 532 former employees who still had money in the plan.

What is the average 401(k) balance at Covestro Llc?

About $498,623 per account: $1.57 billion in plan assets across 3,147 accounts with a balance at the end of plan year 2024.

Who manages the Covestro Llc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Covestro Llc. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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