Defined Benefit (Pension) · DOL Form 5500 · 2023

Albemarle Corporation Pension Plan

Data updated 2026-08-11

$405M
Total assets: 185
Participants: 97th
Percentile by assets: $2.2M
Avg per participant

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.

97th percentile by assets (of 127,072 plans)
#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.

$405M
total plan assets (2023 EOY): 185
covered participants: 97th
percentile by assets (of 127,072 plans): $2.2M
avg assets per participant

Where Albemarle Corporation Pension Plan sits 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

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 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 →

State

North Carolina

Industry

Manufacturing

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Albemarle Corporation Pension Plan reports 185 participants - about 23% of that state average ($405M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)	$393M
Net Assets (End of Year)	$405M
Net Income	$11M
Employer EIN	541692118
Plan Effective Date	1994-03-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Albemarle Corporation)

Total plan assets by year, all Albemarle Corporation plans on file

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

Honeywell Retirement Earnings Plan $16.6B · 11,145
Truist Financial Corporation Pension Plan $14.6B · 45,818
Duke Energy Retirement Cash Balance Plan $4.0B · 14,485
Duke Energy Legacy Pension Plan $3.4B · 371
Employees' Retirement Plan of Duke University $2.6B · 21,020

Compare Albemarle Corporation Pension Plan side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Albemarle Corporation Pension Plan by total assets, not by location.

Building Laborers Local 310 Pension Fund (OH) $405M · 1,091
Employees' and Agents' Pension Benefits Plan Empower Holdings, Inc. (CO) $406M · 241
Sparrow Health System Associate Pension Plan (MI) $406M · 1,080
National Renewable Energy Laboratory Shared Security Pension Plan (CO) $406M · 2,822

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).

Next read for Albemarle Corporation Pension Plan

Filing takeaways

Ways to act on Albemarle Corporation Pension Plan's numbers.

By total assets, Albemarle Corporation Pension Plan ranks in the top 5% 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
Albemarle Corporation's sponsor-wide assets have grown 9.4% since 2022 across 3 plan years on file. More Manufacturing plans

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.