Defined Benefit (Pension) · DOL Form 5500 · 2024
The Lane Construction Corporation Pension Plan
Data updated 2026-08-25
- $139M
- Total assets Near avg plan size
- 104
- Participants Small participant base
- 93rd
- Percentile by assets National rank
- $1.3M
- Avg per participant High balance/head
Official DOL plan name: The Lane Construction Corporation Defined Benefit Pension Plan · Sponsored by The Lane Construction Corporation · North Carolina · Construction
$139M in assets, 104 participants
The Lane Construction Corporation's The Lane Construction Corporation Defined Benefit Pension Plan reported $139M in total assets and 104 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- #8,240 in Construction (9,039 peers)
Coverage in North Carolina
The Lane Construction Corporation Defined Benefit Pension Plan covers 104 participants in North Carolina, about 13% of the average North Carolina filer (state average ~819 per filing). Assets: $139M.
- #8,240
- in Construction (9,039 peers)
- -6.4%
- assets change YoY
- 1.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
The Lane Construction Corporation Defined Benefit Pension Plan's outsized position by total assets
The Lane Construction Corporation Defined Benefit Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$139,277,144 Top 7% higher than 93% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Lane Construction Corporation Defined Benefit Pension Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Lane Construction Corporation Defined Benefit Pension Plan sits mid-pack in the medium band (104 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Lane Construction Corporation Defined Benefit Pension Plan reported net income fell from $4M in the plan year 2023 filing to -$10M in the plan year 2024 filing.
- The Lane Construction Corporation Defined Benefit Pension Plan reported participants fell from 130 in the plan year 2023 filing to 104 in the plan year 2024 filing.
- The Lane Construction Corporation Defined Benefit Pension Plan end-of-year assets fell from $149M in the plan year 2023 filing to $139M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 060421150 · The Lane Construction Corporation PY 2024 · Defined Benefit (Pension)
The Lane Construction Corporation Defined Benefit Pension Plan · $139M · 104 · 93rd
- TYPE $139M
- NET 104
- BOOK 93rd
- VS-ST Defined Benefit (Pension)
- BOY near Roofers Union Local No.33 Pension Fund
- SCH ind #8240
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 Construction retirement plans → · Plans in North Carolina →
The Lane Construction Corporation Defined Benefit Pension Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $149M |
|---|---|
| Net Assets (End of Year) | $139M |
| Net Income | -$10M |
| Employer EIN | 060421150 |
| Plan Effective Date | 1953-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Lane Construction Corporation)
Sponsor-wide plan assets over time
All The Lane Construction Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $353M 12.693275905888726% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 2,330 | $313M |
| 2023 | 2 | 2,565 | $348M |
| 2024 | 2 | 2,128 | $353M |
Nearby Defined Benefit (Pension) Plans in North Carolina
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Honeywell Retirement Earnings Plan $16.6B · 9,923
- Truist Financial Corporation Pension Plan $14.7B · 38,548
- Duke Energy Retirement Cash Balance Plan $4.7B · 13,576
- Employees' Retirement Plan of Duke University $2.8B · 22,655
- The Hearst Corporation Retirement Plan $2.4B · 1,745
The Lane Construction Corporation Defined Benefit 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 Roofers Union Local No.33 Pension Fund in MA ($139M); by covered participants it is First United Corporation Pension Plan in MD (104 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($139M here).
- Roofers Union Local No.33 Pension Fund (MA) $139M · 523
- Ledvance LLC Pension Plan (MA) $139M · 128
- Retirement Benefit Plan for Salaried Employees of Asarco LLC (AZ) $139M · 84
- Ineos USA Pension Plan (TX) $139M · 477
Similar participant headcount
Nearest other-state filings by covered participants (104 participants); asset peers above are excluded.
- First United Corporation Pension Plan (MD) 104 · 0 off
- Heritage Family Federal Credit Union Defined Benefit Plan and Trust (VT) 104 · 0 off
- Mannington Pension Plan and Trust (NJ) 104 · 0 off
- West Valley Pension Plan (NY) 104 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.