401(k) · DOL Form 5500 · 2024

Albemarle Corporation 401(k) Plan

Data updated 2026-08-11

$961M
Total assets
2,532
Participants
98th
Percentile by assets
$379,485
Avg per participant
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Official DOL plan name: Albemarle Corporation Retirement Savings Plan · Sponsored by Albemarle Corporation · North Carolina · Manufacturing

$961M in assets, 2,532 participants

Albemarle Corporation's Albemarle Corporation Retirement Savings Plan reported $961M in total assets and 2,532 participants in its 2024 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 123,622 plans)
  • #17,290 in Manufacturing (17,777 peers)

Coverage in North Carolina

Albemarle Corporation Retirement Savings Plan covers 2,532 participants in North Carolina, 3.1x the typical North Carolina plan (state average ~819 per filing). Assets: $961M.

$961M
total plan assets (2024 EOY)
2,532
covered participants
98th
percentile by assets (of 123,622 plans)
$379,485
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Albemarle Corporation Retirement Savings Plan reported net income rose from $46M in the plan year 2023 filing to $59M in the plan year 2024 filing.
  • Albemarle Corporation Retirement Savings Plan reported participants rose from 2,058 in the plan year 2023 filing to 2,532 in the plan year 2024 filing.
  • Albemarle Corporation Retirement Savings Plan end-of-year assets rose from $898M in the plan year 2023 filing to $961M in the plan year 2024 filing.

See the national 2023→2024 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 2,532 participants - 3.1x that state average ($961M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$898M
Net Assets (End of Year)$957M
Net Income$59M
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 -20020406080 Total assets ($B) Participants Albemarle Corporatio…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Nucor Corporation Pr…Truist Financial Cor…
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 2024?
Albemarle Corporation Retirement Savings Plan grew at a solid clip - up 7.0% during 2024, from $898M to $961M. Reported net income was $59M.
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 123,622 plans that reported assets for plan year 2024 (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 Saint Luke's 403(b) Plan in MO ($961M, 12,722 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