401k Plan data: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN plan

INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 401k Plan overview

Plan Name	INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN
Plan identification number	002

INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

INDORAMA VENTURES OXIDES, LLC has sponsored the creation of one or more 401k plans.

Company Name: INDORAMA VENTURES OXIDES, LLC

Employer identification number (EIN): 843151997

NAIC Classification: 325200

Additional information about INDORAMA VENTURES OXIDES, LLC

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 2019-10-18

Company Identification Number: 0803449630

Legal Registered Office Address: 4235 SOUTHSTREAM BLVD STE 450

CHARLOTTE
United States of America (USA)
28217

More information about INDORAMA VENTURES OXIDES, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01
002 2022-01-01
002 2021-01-01
002 2020-01-03
002 2020-01-03

Plan Statistics for INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN

401k plan membership statisitcs for INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN

Measure Date Value
2022: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets 2022-12-31 106,796,294
Acturial value of plan assets 2022-12-31 102,861,561
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 9,036,171
Number of terminated vested participants 2022-12-31 19
Fundng target for terminated vested participants 2022-12-31 3,286,326
Active participant vested funding target 2022-12-31 95,977,757
Number of active participants 2022-12-31 436
Total funding liabilities for active participants 2022-12-31 100,114,923
Total participant count 2022-12-31 475
Total funding target for all participants 2022-12-31 112,437,420
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 5,200,000
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 0
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 5,200,000
Present value of excess contributions 2022-12-31 42,829
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 45,202
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 5,745,480
Total employer contributions 2022-12-31 3,700,000
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 3,487,721
Liquidity shortfalls end of Q1 2022-12-31 0
Liquidity shortfalls end of Q2 2022-12-31 0
Liquidity shortfalls end of Q3 2022-12-31 0
Liquidity shortfalls end of Q4 2022-12-31 0
Unpaid minimum required contributions for all prior years 2022-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 0
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 6,919,819
Net shortfall amortization installment of oustanding balance 2022-12-31 15,321,339
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 8,552,665
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 5,745,480
Additional cash requirement 2022-12-31 2,807,185
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 3,487,721
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
Total participants, beginning-of-year 2022-01-01 472
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 396
Number of retired or separated participants receiving benefits 2022-01-01 22
Number of other retired or separated participants entitled to future benefits 2022-01-01 26
Total of all active and inactive participants 2022-01-01 444
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 2
Total participants 2022-01-01 446
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets 2021-12-31 98,021,386
Acturial value of plan assets 2021-12-31 95,654,185
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 4,624,782
Number of terminated vested participants 2021-12-31 16
Fundng target for terminated vested participants 2021-12-31 2,913,963
Active participant vested funding target 2021-12-31 101,873,921
Number of active participants 2021-12-31 473
Total funding liabilities for active participants 2021-12-31 105,200,558
Total participant count 2021-12-31 498
Total funding target for all participants 2021-12-31 112,739,303
Funding target disregarding prescribed at-risk assumptions 2021-12-31 108,179,021
Funding target reflecting at-risk assumptions but disregarding transition rule for plant that have been at-risk status for fewer than five consecutive years and disregarding loading factor 2021-12-31 130,980,429
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 0
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 0
Present value of excess contributions 2021-12-31 10,765,882
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 11,377,384
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2021-12-31 9,000,000
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 3,800,000
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 5,200,000
Total employer contributions 2021-12-31 9,900,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 9,364,131
Liquidity shortfalls end of Q1 2021-12-31 0
Liquidity shortfalls end of Q2 2021-12-31 0
Liquidity shortfalls end of Q3 2021-12-31 0
Liquidity shortfalls end of Q4 2021-12-31 0
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 7,133,552
Net shortfall amortization installment of oustanding balance 2021-12-31 22,285,118
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 9,321,302
Additional cash requirement 2021-12-31 9,321,302
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 9,364,131
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
Total participants, beginning-of-year 2021-01-01 498
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 436
Number of retired or separated participants receiving benefits 2021-01-01 20
Number of other retired or separated participants entitled to future benefits 2021-01-01 14
Total of all active and inactive participants 2021-01-01 470
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 2
Total participants 2021-01-01 472
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets 2020-12-31 70,820,335
Acturial value of plan assets 2020-12-31 70,820,335
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 93,286,023
Number of active participants 2020-12-31 504
Total funding liabilities for active participants 2020-12-31 96,884,658
Total participant count 2020-12-31 504
Total funding target for all participants 2020-12-31 96,884,658
Amount remaining of carryover balance 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Total employer contributions 2020-12-31 20,000,000
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 20,000,000
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 6,787,026
Net shortfall amortization installment of oustanding balance 2020-12-31 26,064,323
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 9,234,118
Additional cash requirement 2020-12-31 9,234,118
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 20,000,000
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 0
Total participants, beginning-of-year 2020-01-03 504
Total number of active participants reported on line 7a of the Form 5500 2020-01-03 473
Number of retired or separated participants receiving benefits 2020-01-03 9
Number of other retired or separated participants entitled to future benefits 2020-01-03 16
Total of all active and inactive participants 2020-01-03 498
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-03 0
Total participants 2020-01-03 498
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-03 0

Measure	Date	Value
2022: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2022 401k membership
Market value of plan assets	2022-12-31	106,796,294
Acturial value of plan assets	2022-12-31	102,861,561
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	9,036,171
Number of terminated vested participants	2022-12-31	19
Fundng target for terminated vested participants	2022-12-31	3,286,326
Active participant vested funding target	2022-12-31	95,977,757
Number of active participants	2022-12-31	436
Total funding liabilities for active participants	2022-12-31	100,114,923
Total participant count	2022-12-31	475
Total funding target for all participants	2022-12-31	112,437,420
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	5,200,000
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	0
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	5,200,000
Present value of excess contributions	2022-12-31	42,829
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	45,202
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	5,745,480
Total employer contributions	2022-12-31	3,700,000
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	3,487,721
Liquidity shortfalls end of Q1	2022-12-31	0
Liquidity shortfalls end of Q2	2022-12-31	0
Liquidity shortfalls end of Q3	2022-12-31	0
Liquidity shortfalls end of Q4	2022-12-31	0
Unpaid minimum required contributions for all prior years	2022-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	0
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	6,919,819
Net shortfall amortization installment of oustanding balance	2022-12-31	15,321,339
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	8,552,665
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	5,745,480
Additional cash requirement	2022-12-31	2,807,185
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	3,487,721
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
Total participants, beginning-of-year	2022-01-01	472
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	396
Number of retired or separated participants receiving benefits	2022-01-01	22
Number of other retired or separated participants entitled to future benefits	2022-01-01	26
Total of all active and inactive participants	2022-01-01	444
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	2
Total participants	2022-01-01	446
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2021 401k membership
Market value of plan assets	2021-12-31	98,021,386
Acturial value of plan assets	2021-12-31	95,654,185
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	4,624,782
Number of terminated vested participants	2021-12-31	16
Fundng target for terminated vested participants	2021-12-31	2,913,963
Active participant vested funding target	2021-12-31	101,873,921
Number of active participants	2021-12-31	473
Total funding liabilities for active participants	2021-12-31	105,200,558
Total participant count	2021-12-31	498
Total funding target for all participants	2021-12-31	112,739,303
Funding target disregarding prescribed at-risk assumptions	2021-12-31	108,179,021
Funding target reflecting at-risk assumptions but disregarding transition rule for plant that have been at-risk status for fewer than five consecutive years and disregarding loading factor	2021-12-31	130,980,429
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	0
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	0
Present value of excess contributions	2021-12-31	10,765,882
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	11,377,384
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2021-12-31	9,000,000
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	3,800,000
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	5,200,000
Total employer contributions	2021-12-31	9,900,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	9,364,131
Liquidity shortfalls end of Q1	2021-12-31	0
Liquidity shortfalls end of Q2	2021-12-31	0
Liquidity shortfalls end of Q3	2021-12-31	0
Liquidity shortfalls end of Q4	2021-12-31	0
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	7,133,552
Net shortfall amortization installment of oustanding balance	2021-12-31	22,285,118
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	9,321,302
Additional cash requirement	2021-12-31	9,321,302
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	9,364,131
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
Total participants, beginning-of-year	2021-01-01	498
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	436
Number of retired or separated participants receiving benefits	2021-01-01	20
Number of other retired or separated participants entitled to future benefits	2021-01-01	14
Total of all active and inactive participants	2021-01-01	470
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	2
Total participants	2021-01-01	472
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2020 401k membership
Market value of plan assets	2020-12-31	70,820,335
Acturial value of plan assets	2020-12-31	70,820,335
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	93,286,023
Number of active participants	2020-12-31	504
Total funding liabilities for active participants	2020-12-31	96,884,658
Total participant count	2020-12-31	504
Total funding target for all participants	2020-12-31	96,884,658
Amount remaining of carryover balance	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Total employer contributions	2020-12-31	20,000,000
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	20,000,000
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	6,787,026
Net shortfall amortization installment of oustanding balance	2020-12-31	26,064,323
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	9,234,118
Additional cash requirement	2020-12-31	9,234,118
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	20,000,000
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	0
Total participants, beginning-of-year	2020-01-03	504
Total number of active participants reported on line 7a of the Form 5500	2020-01-03	473
Number of retired or separated participants receiving benefits	2020-01-03	9
Number of other retired or separated participants entitled to future benefits	2020-01-03	16
Total of all active and inactive participants	2020-01-03	498
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-03	0
Total participants	2020-01-03	498
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-03	0

Financial Data on INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN

Measure	Date	Value
2022 : INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$-10,821,702
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$12,213,662
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$11,181,246
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$3,700,000
Value of total assets at end of year	2022-12-31	$83,820,694
Value of total assets at beginning of year	2022-12-31	$106,856,058
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$1,032,416
Total interest from all sources	2022-12-31	$168
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$2,554,515
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$2,554,515
Administrative expenses professional fees incurred	2022-12-31	$539,090
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2022-12-31	$80,936
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2022-12-31	$60,667
Administrative expenses (other) incurred	2022-12-31	$323,792
Liabilities. Value of operating payables at end of year	2022-12-31	$0
Liabilities. Value of operating payables at beginning of year	2022-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$-23,035,364
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$83,820,694
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$106,856,058
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Investment advisory and management fees	2022-12-31	$169,534
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$79,898,858
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$103,195,390
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2022-12-31	$140,900
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-31	$1
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-31	$1
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$168
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-17,076,385
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$3,700,000
Employer contributions (assets) at end of year	2022-12-31	$3,700,000
Employer contributions (assets) at beginning of year	2022-12-31	$3,600,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$11,181,246
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Aggregate proceeds on sale of assets	2022-12-31	$3,920,821
Aggregate carrying amount (costs) on sale of assets	2022-12-31	$3,920,821
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	CLIFTONLARSONALLEN LLP
Accountancy firm EIN	2022-12-31	410746749
2021 : INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$92,612
Total income from all sources (including contributions)	2021-12-31	$20,013,956
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$11,086,672
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$10,190,444
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$9,900,000
Value of total assets at end of year	2021-12-31	$106,856,058
Value of total assets at beginning of year	2021-12-31	$98,021,386
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$896,228
Total interest from all sources	2021-12-31	$4
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$2,904,346
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$2,904,346
Administrative expenses professional fees incurred	2021-12-31	$432,235
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2021-12-31	$60,667
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2021-12-31	$57,819
Administrative expenses (other) incurred	2021-12-31	$330,660
Liabilities. Value of operating payables at end of year	2021-12-31	$0
Liabilities. Value of operating payables at beginning of year	2021-12-31	$92,612
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$8,927,284
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$106,856,058
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$97,928,774
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$133,333
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$103,195,390
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$97,963,567
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$1
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$4
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$7,209,606
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$9,900,000
Employer contributions (assets) at end of year	2021-12-31	$3,600,000
Employer contributions (assets) at beginning of year	2021-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$10,190,444
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Aggregate proceeds on sale of assets	2021-12-31	$8,275,429
Aggregate carrying amount (costs) on sale of assets	2021-12-31	$8,275,429
Opinion of an independent qualified public accountant for this plan	2021-12-31	Disclaimer
Accountancy firm name	2021-12-31	CLIFTONLARSONALLEN LLP
Accountancy firm EIN	2021-12-31	410746749
2020 : INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$63,554,540
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$36,512,162
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$2,045,316
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,465,355
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$20,000,000
Value of total assets at end of year	2020-12-31	$98,021,386
Value of total assets at beginning of year	2020-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$579,961
Total interest from all sources	2020-12-31	$2,393
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$1,579,656
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$1,579,656
Administrative expenses professional fees incurred	2020-12-31	$185,358
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$5,000,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2020-12-31	$57,819
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2020-12-31	$0
Other income not declared elsewhere	2020-12-31	$-145,168
Administrative expenses (other) incurred	2020-12-31	$324,576
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$34,466,846
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$98,021,386
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$70,027
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$97,963,567
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$0
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$2,393
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$15,075,281
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$20,000,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,465,355
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Aggregate proceeds on sale of assets	2020-12-31	$20,263,023
Aggregate carrying amount (costs) on sale of assets	2020-12-31	$20,263,023
Liabilities. Value of acquisition indebtedness at end of year	2020-12-31	$92,612
Liabilities. Value of acquisition indebtedness at beginning of year	2020-12-31	$0
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	CLIFTONLARSONALLEN
Accountancy firm EIN	2020-12-31	410746749

Form 5500 Responses for INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN

2022: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: INDORAMA VENTURES DEFINED BENEFIT PENSION PLAN 2020 form 5500 responses
2020-01-03	Type of plan entity	Single employer plan
2020-01-03	First time form 5500 has been submitted	Yes
2020-01-03	Submission has been amended	No
2020-01-03	This submission is the final filing	No
2020-01-03	This return/report is a short plan year return/report (less than 12 months)	Yes
2020-01-03	Plan is a collectively bargained plan	Yes
2020-01-03	Plan funding arrangement – Trust	Yes
2020-01-03	Plan benefit arrangement - Trust	Yes

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Company Name:	INDORAMA VENTURES OXIDES, LLC
Employer identification number (EIN):	843151997
NAIC Classification:	325200

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	2019-10-18
Company Identification Number:	0803449630
Legal Registered Office Address:	4235 SOUTHSTREAM BLVD STE 450 CHARLOTTE United States of America (USA) 28217