Defined Benefit (Pension) · DOL Form 5500 · 2022

Laboratory Corporation of America Holdings Pension Plan

Data updated 2026-08-25

$229M
Total assets Near avg plan size
7,513
Participants Very large workforce
96th
Percentile by assets National rank
$30,429
Avg per participant Low balance/head
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Official DOL plan name: Laboratory Corporation of America Holdings Cash Balance Retirement Plan · Sponsored by Laboratory Corporation of America Holdings · North Carolina · Healthcare & Social Assistance

$229M in assets, 7,513 participants

Laboratory Corporation of America Holdings's Laboratory Corporation of America Holdings Cash Balance Retirement Plan reported $229M in total assets and 7,513 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,362 in Healthcare & Social Assistance (20,060 peers)

Coverage in North Carolina

Laboratory Corporation of America Holdings Cash Balance Retirement Plan covers 7,513 participants in North Carolina, 9.2x the typical North Carolina plan (state average ~819 per filing). Assets: $229M.

#19,362
in Healthcare & Social Assistance (20,060 peers)
-24.0%
assets change YoY
2.3×
vs typical plan assets (national mean)

The plan reported a net loss of $72M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Laboratory Corporation of America Holdings Cash Balance Retirement Plan's outsized position by total assets

Laboratory Corporation of America Holdings Cash Balance Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$228,611,819 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Laboratory Corporation of America Holdings Cash Balance Retirement Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laboratory Corporation of America Holdings Cash Balance Retirement Plan lands in the large band (7,513 participants).

Published 5500 schedule card

Filing strip 133757370 · Laboratory Corporation of America Holdings PY 2022 · Defined Benefit (Pension)

Laboratory Corporation of America Holdings Cash Balance Retirement Plan · $229M · 7,513 · 96th

  • VS-ST $229M
  • BOY 7,513
  • SCH 96th
  • EBSA Defined Benefit (Pension)
  • PART near Hill-Rom, Inc. Pension Plan
  • TYPE ind #19362

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in North Carolina →

Laboratory Corporation of America Holdings Cash Balance Retirement Plan in the asset neighbourhood

Hill-Rom, Inc. Pension Plan$229MLaboratory Corporation of America Holdings Cash Balance Retirement PlanLaboratory Corporation of Am…$229MHillenbrand, Inc. Pension PlanHillenbrand, Inc. Pension Pl…$228MI.B.E.W. Pacific Coast Pension FundI.B.E.W. Pacific Coast Pensi…$228MUrs Federal Services, Inc. Employees Retirement PlanUrs Federal Services, Inc. E…$228M
End-of-year total assets ($M) among Laboratory Corporation of America Holdings Cash Balance Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$301M
Net Assets (End of Year)$228M
Net Income-$72M
Employer EIN133757370
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Laboratory Corporation of America Holdings)

Sponsor-wide plan assets over time

All Laboratory Corporation of America Holdings plans reported in each filing year

Latest sponsor-wide plan assets
$4.7B 18.864335932819472% vs 2022
2024 filing year
$3.5B$4B$4.5B$5B 202220232024 $3.93B $4.67B ▲ +18.8%
Year Plans Participants Total Assets
2022 2 53,675 $3.9B
2023 2 57,798 $4.1B
2024 2 57,250 $4.7B

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Laboratory Corporation of America Holdings Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -505101520 Total assets ($B) Participants Laboratory Corporation of America Holdings Cash Balance Retirement Plan, Total assets ($B): 0.228611819 · Participants: 7513Laboratory Corporation of America Holdings Cash Balance Retirement PlanHoneywell Retirement Earnings Plan, Total assets ($B): 17.0193439 · Participants: 12452Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 12.462364023 · Participants: 37931Truist Financial Corporation Pension PlanDuke Energy Legacy Pension Plan, Total assets ($B): 4.0414 · Participants: 346Duke Energy Legacy Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 3.182 · Participants: 16132Duke Energy Retirement Cash Balance PlanTime Warner Cable Pension Plan, Total assets ($B): 2.583220843 · Participants: 18624Time Warner Cable Pension Plan
Laboratory Corporation of America Holdings Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Scale composition for Laboratory Corporation of America Holdings Cash Balance Retirement Plan

Laboratory Corporation of America Holdings Cash Balance Retirement Plan reports $229M in end-of-year assets across 7,513 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $30,429 per participant (22% of the national average assets-per-participant) . Net income for plan year 2022 was -$72M.

This plan identity (EIN 133757370, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $229M to $196M (-14.1%) while covered participants moved from 7,513 to 9,540 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,513 $229M This page
2023 6,972 $207M Open filing
2024 · index core 9,540 $196M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Laboratory Corporation of America Holdings Cash Balance Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Hill-Rom, Inc. Pension Plan in IN ($229M); by covered participants it is Meijer Hourly Pension Plan in MI (7,512 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($229M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,513 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Laboratory Corporation of America Holdings Cash Balance Retirement Plan assets move in 2022? ▼
Laboratory Corporation of America Holdings Cash Balance Retirement Plan declined sharply - down 24.0% during 2022, from $301M to $229M. Reported net income was -$72M.
How have Laboratory Corporation of America Holdings plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Laboratory Corporation of America Holdings's sponsor-wide assets grew 18.9%, from $3.9B to $4.7B.
Where does Laboratory Corporation of America Holdings Cash Balance Retirement Plan rank by assets among Form 5500 filers? ▼
Laboratory Corporation of America Holdings Cash Balance Retirement Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Laboratory Corporation of America Holdings Cash Balance Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Hill-Rom, Inc. Pension Plan in IN ($229M, 890 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Laboratory Corporation of America Holdings Cash Balance Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Meijer Hourly Pension Plan in MI (7,512 participants, $1.0B in assets).