Defined Benefit (Pension) · DOL Form 5500 · 2022

Charlotte Pipe and Foundry Company Pension Plan

Data updated 2026-08-11

$107M
Total assets
686
Participants
93rd
Percentile by assets
$155,490
Avg per participant
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Official DOL plan name: Pension Plan for the Employees of Charlotte Pipe and Foundry Company · Sponsored by Charlotte Pipe and Foundry Company · North Carolina · Manufacturing

$107M in assets, 686 participants

Charlotte Pipe and Foundry Company's Pension Plan for the Employees of Charlotte Pipe and Foundry Company reported $107M in total assets and 686 participants in its 2022 DOL Form 5500 filing, ranking in the 93rd 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.

  • 93rd percentile by assets (of 139,126 plans)
  • #18,430 in Manufacturing (20,602 peers)

Where Pension Plan for the Employees of Charlotte Pipe and Foundry Company sits by assets

Pension Plan for the Employees of Charlotte Pipe and Foundry Company sits in the top 10% of all filed plans by assets, $107M for 686 participants (~$155,490/participant), down 29.5% in 2022.

$107M
total plan assets (2022 EOY)
686
covered participants
93rd
percentile by assets (of 139,126 plans)
$155,490
avg assets per participant

The plan reported a net loss of $45M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Industry

Pension Plan for the Employees of Charlotte Pipe and Foundry Company vs the 2022 asset distribution

By assets, Pension Plan for the Employees of Charlotte Pipe and Foundry Company outranks 93% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$151M
Net Assets (End of Year)$107M
Net Income-$45M
Employer EIN560174030
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Charlotte Pipe and Foundry Company)

$240M$260M$280M$300M$320M$340M 202220232024 $320M $284M ▼ -11.2%
Total plan assets by year, all Charlotte Pipe and Foundry Company plans on file
Year Plans Participants Total Assets
2022 2 2,348 $320M
2023 2 2,349 $258M
2024 1 1,766 $284M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Pension Plan for the Employees of Charlotte Pipe and Foundry Company vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Pension Plan for the Employees of Charlotte Pipe and Foundry Company vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Pension Plan for the…Honeywell Retirement…Truist Financial Cor…Duke Energy Legacy P…Duke Energy Retireme…Time Warner Cable Pe…
Pension Plan for the Employees of Charlotte Pipe and Foundry Company vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Pension Plan for the Employees of Charlotte Pipe and Foundry Company by total assets, not by location.

Frequently Asked Questions

How did Pension Plan for the Employees of Charlotte Pipe and Foundry Company assets move in 2022?
Pension Plan for the Employees of Charlotte Pipe and Foundry Company declined sharply - down 29.5% during 2022, from $151M to $107M. Reported net income was -$45M.
How have Charlotte Pipe and Foundry Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Charlotte Pipe and Foundry Company's sponsor-wide assets declined 11.2%, from $320M to $284M.
Where does Pension Plan for the Employees of Charlotte Pipe and Foundry Company rank by assets among Form 5500 filers?
Pension Plan for the Employees of Charlotte Pipe and Foundry Company ranks in the 93rd 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 Pension Plan for the Employees of Charlotte Pipe and Foundry Company?
Among Defined Benefit (Pension) plans in other states, the closest by assets is I.a. of M. Motor City Pension Fund in MI ($107M, 54 participants).

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Scale reading

Ways to act on Pension Plan for the Employees of Charlotte Pipe and Foundry Company's numbers.

  • By total assets, Pension Plan for the Employees of Charlotte Pipe and Foundry Company 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
  • Charlotte Pipe and Foundry Company's sponsor-wide assets have declined 11.2% since 2022 across 3 plan years on file. More Manufacturing plans