Defined Benefit (Pension) · DOL Form 5500 · 2023

Alex Lee, Inc. Pension Plan

Data updated 2026-08-06

$326M
Total assets
6,181
Participants
96th
Percentile by assets
$52,663
Avg per participant
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Official DOL plan name: Alex Lee, Inc. and Affiliates Pension Plan · Sponsored by Alex Lee, Inc. · North Carolina · Wholesale Trade

$326M in assets, 6,181 participants

Alex Lee, Inc.'s Alex Lee, Inc. and Affiliates Pension Plan reported $326M in total assets and 6,181 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 126,618 plans)
  • #6,132 in Wholesale Trade (6,291 peers)

Coverage in North Carolina

Alex Lee, Inc. and Affiliates Pension Plan covers 6,181 participants in North Carolina, 7.3x the typical North Carolina plan (state average ~846 per filing). Assets: $326M.

$326M
total plan assets (2023 EOY)
6,181
covered participants
96th
percentile by assets (of 126,618 plans)
$52,663
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Alex Lee, Inc. and Affiliates Pension Plan reported net income rose from -$9M in the plan year 2022 filing to $46M in the plan year 2023 filing.
  • Alex Lee, Inc. and Affiliates Pension Plan end-of-year assets rose from $282M in the plan year 2022 filing to $326M in the plan year 2023 filing.
  • Alex Lee, Inc. and Affiliates Pension Plan reported participants rose from 6,020 in the plan year 2022 filing to 6,181 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Alex Lee, Inc. and Affiliates Pension Plan reports 6,181 participants - 7.3x that state average ($326M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$282M
Net Assets (End of Year)$326M
Net Income$46M
Employer EIN561780605
Plan Effective Date1951-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Alex Lee, Inc.)

$200M$300M$400M$500M$600M$700M 202220232024 $538M $323M ▼ -40.0%
Total plan assets by year, all Alex Lee, Inc. plans on file
Year Plans Participants Total Assets
2022 2 14,294 $538M
2023 2 16,599 $620M
2024 1 10,772 $323M

Nearby Defined Benefit (Pension) Plans in North Carolina

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

Alex Lee, Inc. and Affiliates Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Alex Lee, Inc. and Affiliates Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -505101520 Total assets ($B) Participants Alex Lee, Inc. and A…Honeywell Retirement…Truist Financial Cor…Duke Energy Retireme…Duke Energy Legacy P…Employees' Retiremen…
Alex Lee, Inc. and Affiliates Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants

Scale composition for Alex Lee, Inc. and Affiliates Pension Plan

Alex Lee, Inc. and Affiliates Pension Plan reports $326M in end-of-year assets across 6,181 participants (0.003% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.007% of 89,805,449 covered participants) - about $52,663 per participant (38% of the national average assets-per-participant) . Net income for plan year 2023 was $46M.

This plan identity (EIN 561780605, plan #001) has 2 Form 5500 filings on file from 2022 to 2023 , with end-of-year assets moving from $282M to $326M (+15.3%) while covered participants moved from 6,020 to 6,181 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,020 $282M Open filing
2023 · index core 6,181 $326M This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Alex Lee, Inc. and Affiliates Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Alex Lee, Inc. and Affiliates Pension Plan assets move in 2023?
Alex Lee, Inc. and Affiliates Pension Plan grew sharply - up 15.3% during 2023, from $282M to $326M. Reported net income was $46M.
How have Alex Lee, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Alex Lee, Inc.'s sponsor-wide assets declined 40.0%, from $538M to $323M.
Where does Alex Lee, Inc. and Affiliates Pension Plan rank by assets among Form 5500 filers?
Alex Lee, Inc. and Affiliates Pension Plan ranks in the 96th percentile by end-of-year assets among 126,618 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 Alex Lee, Inc. and Affiliates Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Sun Chemical Retirement Plan in NJ ($326M, 737 participants).

Next read for Alex Lee, Inc. and Affiliates Pension Pl…

Filing takeaways

Ways to act on Alex Lee, Inc. and Affiliates Pension Plan's numbers.

  • By total assets, Alex Lee, Inc. and Affiliates 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
  • Alex Lee, Inc.'s sponsor-wide assets have declined 40.0% since 2022 across 3 plan years on file. More Wholesale Trade plans