Defined Benefit (Pension) · DOL Form 5500 · 2022
Morganite Industries, Inc. Pension Plan
Data updated 2026-08-11
- $136M
- Total assets
- 400
- Participants
- 94th
- Percentile by assets
- $341,221
- Avg per participant
Official DOL plan name: Morgan US Employees' Retirement Plan · Sponsored by Morganite Industries, Inc. · North Carolina · Manufacturing
$136M in assets, 400 participants
Morganite Industries, Inc.'s Morgan US Employees' Retirement Plan reported $136M in total assets and 400 participants in its 2022 DOL Form 5500 filing, ranking in the 94th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 94th percentile by assets (of 139,126 plans)
- #18,762 in Manufacturing (20,602 peers)
Coverage in North Carolina
Morgan US Employees' Retirement Plan covers 400 participants in North Carolina, about 49% of the average North Carolina filer (state average ~819 per filing). Assets: $136M.
- $136M
- total plan assets (2022 EOY)
- 400
- covered participants
- 94th
- percentile by assets (of 139,126 plans)
- $341,221
- avg assets per participant
The plan reported a net loss of $42M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Morgan US Employees' Retirement Plan reports 400 participants - about 49% of that state average ($136M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $178M |
|---|---|
| Net Assets (End of Year) | $136M |
| Net Income | -$42M |
| Employer EIN | 561268548 |
| Plan Effective Date | 1971-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Morganite Industries, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,402 | $379M |
| 2023 | 2 | 2,525 | $402M |
| 2024 | 2 | 2,634 | $417M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Morgan US Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- Honeywell Retirement Earnings Plan $17.0B · 12,452
- Truist Financial Corporation Pension Plan $12.5B · 37,931
- Duke Energy Legacy Pension Plan $4.0B · 346
- Duke Energy Retirement Cash Balance Plan $3.2B · 16,132
- Time Warner Cable Pension Plan $2.6B · 18,624
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Morgan US Employees' Retirement Plan by total assets, not by location.
- New York Eye and Ear Infirmary Employees' Pension Plan (NY) $137M · 478
- Lear Combined Pension Plan (MI) $137M · 808
- Redstone Federal Credit Union Defined Benefit Plan (AL) $137M · 1,036
- Tennessee/North Carolina Carpenters and Millwrights Pension Fund (TN) $136M · 1,721
Frequently Asked Questions
How did Morgan US Employees' Retirement Plan assets move in 2022? ▼
How have Morganite Industries, Inc. plan assets changed over time? ▼
Where does Morgan US Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Morgan US Employees' Retirement Plan? ▼
Next read for Morgan US Employees' Retirement Plan
Filing takeaways
Ways to act on Morgan US Employees' Retirement Plan's numbers.
- By total assets, Morgan US Employees' Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in North Carolina. Compare plans
- Morganite Industries, Inc.'s sponsor-wide assets have grown 9.9% since 2022 across 3 plan years on file. More Manufacturing plans