Defined Benefit (Pension) · DOL Form 5500 · 2023

The Lane Construction Corporation Pension Plan

Data updated 2026-08-25

$149M
Total assets Near avg plan size
130
Participants Small participant base
93rd
Percentile by assets National rank
$1.1M
Avg per participant High balance/head
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Official DOL plan name: The Lane Construction Corporation Defined Benefit Pension Plan · Sponsored by The Lane Construction Corporation · North Carolina · Construction

$149M in assets, 130 participants

The Lane Construction Corporation's The Lane Construction Corporation Defined Benefit Pension Plan reported $149M in total assets and 130 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.

  • #8,310 in Construction (9,030 peers)

Coverage in North Carolina

The Lane Construction Corporation Defined Benefit Pension Plan covers 130 participants in North Carolina, about 16% of the average North Carolina filer (state average ~819 per filing). Assets: $149M.

#8,310
in Construction (9,030 peers)
+3.0%
assets growth YoY
1.5×
vs typical plan assets (national mean)

The Lane Construction Corporation Defined Benefit Pension Plan's outsized position by total assets

The Lane Construction Corporation Defined Benefit Pension Plan vs every filed plan by assets

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

$148,822,910 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

The Lane Construction Corporation Defined Benefit Pension 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. The Lane Construction Corporation Defined Benefit Pension Plan sits mid-pack in the medium band (130 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Lane Construction Corporation Defined Benefit Pension Plan reported net income rose from -$62M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Lane Construction Corporation Defined Benefit Pension Plan reported participants fell from 148 in the plan year 2022 filing to 130 in the plan year 2023 filing.
  • The Lane Construction Corporation Defined Benefit Pension Plan end-of-year assets rose from $145M in the plan year 2022 filing to $149M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 060421150 · The Lane Construction Corporation PY 2023 · Defined Benefit (Pension)

The Lane Construction Corporation Defined Benefit Pension Plan · $149M · 130 · 93rd

  • PCT $149M
  • EIN 130
  • RANK 93rd
  • PHOTO Defined Benefit (Pension)
  • IND near Employees' Retirement Plan of Stihl, Incorporated
  • EOY ind #8310

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 Construction retirement plans → · Plans in North Carolina →

The Lane Construction Corporation Defined Benefit Pension Plan in the asset neighbourhood

Sheet Metal Workers Local 98 Pension FundSheet Metal Workers Local 98…$149MLufthansa German Airlines Pension Plan for United States EmployeesLufthansa German Airlines Pe…$149MThe Lane Construction Corporation Defined Benefit Pension PlanThe Lane Construction Corpor…$149MEmployees' Retirement Plan of Stihl, IncorporatedEmployees' Retirement Plan o…$149MRoundys Supermarkets, Inc. Retirement PlanRoundys Supermarkets, Inc. R…$148M
End-of-year total assets ($M) among The Lane Construction Corporation Defined Benefit Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$145M
Net Assets (End of Year)$149M
Net Income$4M
Employer EIN060421150
Plan Effective Date1953-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Lane Construction Corporation)

Sponsor-wide plan assets over time

All The Lane Construction Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$353M 12.693275905888726% vs 2022
2024 filing year
$300M$320M$340M$360M 202220232024 $313M $353M ▲ +12.7%
Year Plans Participants Total Assets
2022 2 2,330 $313M
2023 2 2,565 $348M
2024 2 2,128 $353M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

The Lane Construction Corporation Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants The Lane Construction Corporation Defined Benefit Pension Plan, Total assets ($B): 0.14882291 · Participants: 130The Lane Construction Corporation Defined Benefit Pension 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
The Lane Construction Corporation Defined Benefit Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare The Lane Construction Corporation Defined Benefit Pension Plan side-by-side with 3 peers →

The Lane Construction Corporation Defined Benefit Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Employees' Retirement Plan of Stihl, Incorporated in VA ($149M); by covered participants it is IBEW Local 840 Pension Fund in NY (130 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (130 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 The Lane Construction Corporation Defined Benefit Pension Plan assets move in 2023? ▼
The Lane Construction Corporation Defined Benefit Pension Plan edged up modestly - up 3.0% during 2023, from $145M to $149M. Reported net income was $4M.
How have The Lane Construction Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Lane Construction Corporation's sponsor-wide assets grew 12.7%, from $313M to $353M.
Where does The Lane Construction Corporation Defined Benefit Pension Plan rank by assets among Form 5500 filers? ▼
The Lane Construction Corporation Defined Benefit Pension 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 The Lane Construction Corporation Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Employees' Retirement Plan of Stihl, Incorporated in VA ($149M, 2,303 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to The Lane Construction Corporation Defined Benefit Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is IBEW Local 840 Pension Fund in NY (130 participants, $29M 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 060421150.

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.