Defined Benefit (Pension) · DOL Form 5500 · 2022

Newmarket Corporation and Affiliates Pension Plan

Data updated 2026-08-11

$61M
Total assets
154
Participants
90th
Percentile by assets
$395,911
Avg per participant
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Official DOL plan name: Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c · Sponsored by Newmarket Corporation and Affiliates · Virginia · Manufacturing

$61M in assets, 154 participants

Newmarket Corporation and Affiliates's Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c reported $61M in total assets and 154 participants in its 2022 DOL Form 5500 filing, ranking in the 90th 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.

  • 90th percentile by assets (of 139,126 plans)
  • #17,411 in Manufacturing (20,602 peers)

Coverage in Virginia

Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c covers 154 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $61M.

$61M
total plan assets (2022 EOY)
154
covered participants
90th
percentile by assets (of 139,126 plans)
$395,911
avg assets per participant

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c reports 154 participants - about 20% of that state average ($61M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$75M
Net Assets (End of Year)$61M
Net Income-$14M
Employer EIN200812170
Plan Effective Date1977-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Newmarket Corporation and Affiliates)

$0.8B$1B$1.2B$1.4B 202220232024 $0.95B $1.33B ▲ +40.0%
Total plan assets by year, all Newmarket Corporation and Affiliates plans on file
Year Plans Participants Total Assets
2022 4 2,118 $948M
2023 4 2,078 $1.1B
2024 4 2,041 $1.3B

Nearby Defined Benefit (Pension) Plans in Virginia

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Afton Chemical Corpo…Northrop Grumman Pen…Retirement Security …Ng Space&mission Sys…Dominion Energy Pens…Sheet Metal Workers'…
Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c vs. nearby Defined Benefit (Pension) plans in Virginia, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c by total assets, not by location.

Frequently Asked Questions

How did Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c assets move in 2022?
Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c declined sharply - down 18.5% during 2022, from $75M to $61M. Reported net income was -$14M.
How have Newmarket Corporation and Affiliates plan assets changed over time?
Across 3 plan years on file (2022-2024), Newmarket Corporation and Affiliates's sponsor-wide assets grew 39.9%, from $948M to $1.3B.
Where does Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c rank by assets among Form 5500 filers?
Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c ranks in the 90th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Daily News Retirement Plan in NJ ($61M, 48 participants).

Next read for Afton Chemical Corporation Pension Plan …

Filing takeaways

Ways to act on Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c's numbers.

  • By total assets, Afton Chemical Corporation Pension Plan for Employees Represented by United Food & Commercial Workers International Union/Icwu Loc871c 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 Virginia. Compare plans
  • Newmarket Corporation and Affiliates's sponsor-wide assets have grown 39.9% since 2022 across 3 plan years on file. More Manufacturing plans