Defined Benefit (Pension) · DOL Form 5500 · 2023

Albemarle Corporation Pension Plan

Data updated 2026-08-25

$405M
Total assets Above avg plan size
185
Participants Below avg headcount
97th
Percentile by assets National rank
$2.2M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Albemarle Corporation Pension Plan · Sponsored by Albemarle Corporation · North Carolina · Manufacturing

$405M in assets, 185 participants

Albemarle Corporation's Albemarle Corporation Pension Plan reported $405M in total assets and 185 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,802 in Manufacturing (18,722 peers)

Coverage in North Carolina

Albemarle Corporation Pension Plan covers 185 participants in North Carolina, about 23% of the average North Carolina filer (state average ~819 per filing). Assets: $405M.

#17,802
in Manufacturing (18,722 peers)
+2.9%
assets growth YoY
4.1×
vs typical plan assets (national mean)

Albemarle Corporation Pension Plan's outsized position by total assets

Albemarle Corporation Pension Plan vs every filed plan by assets

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

$404,844,130 Top 3% higher than 97% 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

Albemarle Corporation 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. Albemarle Corporation Pension Plan sits mid-pack in the medium band (185 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Albemarle Corporation Pension Plan reported net income rose from -$114M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Albemarle Corporation Pension Plan reported participants fell from 214 in the plan year 2022 filing to 185 in the plan year 2023 filing.
  • Albemarle Corporation Pension Plan end-of-year assets rose from $393M in the plan year 2022 filing to $405M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 541692118 · Albemarle Corporation PY 2023 · Defined Benefit (Pension)

Albemarle Corporation Pension Plan · $405M · 185 · 97th

  • EOY $405M
  • 5500 185
  • ASSETS 97th
  • PCT Defined Benefit (Pension)
  • EIN near Building Laborers Local 310 Pension Fund
  • RANK ind #17802

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 →

Albemarle Corporation Pension Plan in the asset neighbourhood

National Renewable Energy Laboratory Shared Security Pension PlanNational Renewable Energy La…$406MSparrow Health System Associate Pension PlanSparrow Health System Associ…$406MEmployees' and Agents' Pension Benefits Plan Empower Holdings, Inc.Employees' and Agents' Pensi…$406MAlbemarle Corporation Pension PlanAlbemarle Corporation Pensio…$405MBuilding Laborers Local 310 Pension FundBuilding Laborers Local 310 …$405M
End-of-year total assets ($M) among Albemarle Corporation 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)$393M
Net Assets (End of Year)$405M
Net Income$11M
Employer EIN541692118
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Albemarle Corporation)

Sponsor-wide plan assets over time

All Albemarle Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 9.385213751718156% vs 2022
2024 filing year
$1.3B$1.35B$1.4B$1.45B$1.5B 202220232024 $1.33B $1.45B ▲ +9.0%
Year Plans Participants Total Assets
2022 4 2,164 $1.3B
2023 4 2,410 $1.4B
2024 3 2,861 $1.4B

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Albemarle Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -505101520 Total assets ($B) Participants Albemarle Corporation Pension Plan, Total assets ($B): 0.40484413 · Participants: 185Albemarle Corporation 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
Albemarle Corporation Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
Compare Albemarle Corporation Pension Plan side-by-side with 3 peers →

Albemarle Corporation 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 Building Laborers Local 310 Pension Fund in OH ($405M); by covered participants it is Retirement Plan for Employees of Canton-Potsdam Hospital in NY (185 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (185 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 Albemarle Corporation Pension Plan assets move in 2023? ▼
Albemarle Corporation Pension Plan edged up modestly - up 2.9% during 2023, from $393M to $405M. Reported net income was $11M.
How have Albemarle Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Albemarle Corporation's sponsor-wide assets grew 9.4%, from $1.3B to $1.4B.
Where does Albemarle Corporation Pension Plan rank by assets among Form 5500 filers? ▼
Albemarle Corporation Pension Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Albemarle Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Building Laborers Local 310 Pension Fund in OH ($405M, 1,091 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Albemarle Corporation Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan for Employees of Canton-Potsdam Hospital in NY (185 participants, $38M 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 541692118.

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.