401(k) · DOL Form 5500 · 2023

Albemarle Corporation 401(k) Plan

Data updated 2026-08-11

$898M
Total assets
2,058
Participants
98th
Percentile by assets
$436,511
Avg per participant
PlainRetire home → About this data

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

$898M in assets, 2,058 participants

Albemarle Corporation's Albemarle Corporation Retirement Savings Plan reported $898M in total assets and 2,058 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,219 in Manufacturing (18,722 peers)

Coverage in North Carolina

Albemarle Corporation Retirement Savings Plan covers 2,058 participants in North Carolina, 2.5x the typical North Carolina plan (state average ~819 per filing). Assets: $898M.

$898M
total plan assets (2023 EOY)
2,058
covered participants
98th
percentile by assets (of 127,072 plans)
$436,511
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Albemarle Corporation Retirement Savings Plan reported net income rose from -$191M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Albemarle Corporation Retirement Savings Plan reported participants rose from 1,784 in the plan year 2022 filing to 2,058 in the plan year 2023 filing.
  • Albemarle Corporation Retirement Savings Plan end-of-year assets rose from $853M in the plan year 2022 filing to $898M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. Albemarle Corporation Retirement Savings Plan reports 2,058 participants - 2.5x that state average ($898M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$853M
Net Assets (End of Year)$898M
Net Income$46M
Employer EIN541692118
Plan Effective Date1994-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Albemarle Corporation)

$1.3B$1.35B$1.4B$1.45B$1.5B 202220232024 $1.33B $1.45B ▲ +9.0%
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 401(k) Plans in North Carolina

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Albemarle Corporation Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Albemarle Corporation Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Albemarle Corporatio…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Truist Financial Cor…Nucor Corporation Pr…
Albemarle Corporation Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Albemarle Corporation Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Albemarle Corporation Retirement Savings Plan assets move in 2023?
Albemarle Corporation Retirement Savings Plan grew at a solid clip - up 5.3% during 2023, from $853M to $898M. Reported net income was $46M.
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 Retirement Savings Plan rank by assets among Form 5500 filers?
Albemarle Corporation Retirement Savings Plan ranks in the 98th 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 401(k) plans are similar in size to Albemarle Corporation Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Tegna 401(k) Savings Plan in VA ($897M, 6,365 participants).

Next read for Albemarle Corporation Retirement Savings…

Filing takeaways

Ways to act on Albemarle Corporation Retirement Savings Plan's numbers.

  • By total assets, Albemarle Corporation Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) 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