Defined Benefit (Pension) · DOL Form 5500 · 2023

Morganite Industries, Inc. Pension Plan

Data updated 2026-08-25

$136M
Total assets Near avg plan size
362
Participants Below avg headcount
93rd
Percentile by assets National rank
$375,443
Avg per participant High balance/head
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Official DOL plan name: Morgan US Employees' Retirement Plan · Sponsored by Morganite Industries, Inc. · North Carolina · Manufacturing

$136M in assets, 362 participants

Morganite Industries, Inc.'s Morgan US Employees' Retirement Plan reported $136M in total assets and 362 participants in its 2023 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.

  • #16,729 in Manufacturing (18,722 peers)

Coverage in North Carolina

Morgan US Employees' Retirement Plan covers 362 participants in North Carolina, about 44% of the average North Carolina filer (state average ~819 per filing). Assets: $136M.

#16,729
in Manufacturing (18,722 peers)
-0.4%
assets change YoY
1.4×
vs typical plan assets (national mean)

The plan reported a net loss of $578K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Morgan US Employees' Retirement Plan's outsized position by total assets

Morgan US Employees' Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$135,910,327 Top 7% higher than 93% of 127,068 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 2023

Morgan US Employees' Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Morgan US Employees' Retirement Plan sits mid-pack in the medium band (362 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Morgan US Employees' Retirement Plan reported net income rose from -$42M in the plan year 2022 filing to -$578K in the plan year 2023 filing.
  • Morgan US Employees' Retirement Plan reported participants fell from 400 in the plan year 2022 filing to 362 in the plan year 2023 filing.
  • Morgan US Employees' Retirement Plan end-of-year assets fell from $136M in the plan year 2022 filing to $136M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 561268548 · Morganite Industries, Inc. PY 2023 · Defined Benefit (Pension)

Morgan US Employees' Retirement Plan · $136M · 362 · 93rd

  • VS-ST $136M
  • BOY 362
  • SCH 93rd
  • EBSA Defined Benefit (Pension)
  • PART near Stanford Health Care Staff Pension Plan
  • TYPE ind #16729

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 Manufacturing retirement plans → · Plans in North Carolina →

Morgan US Employees' Retirement Plan in the asset neighbourhood

Stanford Health Care Staff Pension PlanStanford Health Care Staff P…$136MMorgan US Employees' Retirement PlanMorgan US Employees' Retirem…$136MTexas United Corporation Pension PlanTexas United Corporation Pen…$136MBnp Paribas Pension Plan$136MLaborers Agc Pension Trust of MontanaLaborers Agc Pension Trust o…$136M
End-of-year total assets ($M) among Morgan US Employees' Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$136M
Net Assets (End of Year)$136M
Net Income-$578K
Employer EIN561268548
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Morganite Industries, Inc.)

Sponsor-wide plan assets over time

All Morganite Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$417M 9.946041275006202% vs 2022
2024 filing year
$360M$380M$400M$420M$440M 202220232024 $379M $417M ▲ +9.9%
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 Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Morgan US Employees' Retirement Plan, Total assets ($B): 0.135910327 · Participants: 362Morgan US Employees' Retirement PlanHoneywell Retirement Earnings Plan, Total assets ($B): 16.613752395 · Participants: 11145Honeywell Retirement Earnings PlanTruist Financial Corporation Pension Plan, Total assets ($B): 14.582387965 · Participants: 45818Truist Financial Corporation Pension PlanDuke Energy Retirement Cash Balance Plan, Total assets ($B): 4.0264 · Participants: 14485Duke Energy Retirement Cash Balance PlanDuke Energy Legacy Pension Plan, Total assets ($B): 3.3721 · Participants: 371Duke Energy Legacy Pension PlanEmployees' Retirement Plan of Duke University, Total assets ($B): 2.616859519 · Participants: 21020Employees' Retirement Plan of Duke University
Morgan US Employees' Retirement Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Morgan US Employees' Retirement Plan side-by-side with 3 peers →

Morgan US Employees' 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 Stanford Health Care Staff Pension Plan in CA ($136M); by covered participants it is Comau LLC Employees' Retirement Income Plan in MI (362 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($136M here).

Similar participant headcount

Nearest other-state filings by covered participants (362 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Morgan US Employees' Retirement Plan assets move in 2023? ▼
Morgan US Employees' Retirement Plan held essentially flat - down 0.4% during 2023, from $136M to $136M. Reported net income was -$578K.
How have Morganite Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Morganite Industries, Inc.'s sponsor-wide assets grew 9.9%, from $379M to $417M.
Where does Morgan US Employees' Retirement Plan rank by assets among Form 5500 filers? ▼
Morgan US Employees' Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Morgan US Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Stanford Health Care Staff Pension Plan in CA ($136M, 429 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Morgan US Employees' Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Comau LLC Employees' Retirement Income Plan in MI (362 participants, $131M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 561268548.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.