Defined Benefit (Pension) · DOL Form 5500 · 2024
Albemarle Corporation Pension Plan
Data updated 2026-08-11
- $482M
- Total assets
- 158
- Participants
- 97th
- Percentile by assets
- $3.1M
- Avg per participant
Official DOL plan name: Albemarle Corporation Represented Pension Plan · Sponsored by Albemarle Corporation · North Carolina · Manufacturing
$482M in assets, 158 participants
Albemarle Corporation's Albemarle Corporation Represented Pension Plan reported $482M in total assets and 158 participants in its 2024 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 123,622 plans)
- #16,965 in Manufacturing (17,777 peers)
Coverage in North Carolina
Albemarle Corporation Represented Pension Plan covers 158 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $482M.
- $482M
- total plan assets (2024 EOY)
- 158
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $3.1M
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Albemarle Corporation Represented Pension Plan sits by total assets
Albemarle Corporation Represented Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$482,427,994 Top 3% higher than 97% 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Albemarle Corporation Represented Pension Plan reported net income fell from $312K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
- Albemarle Corporation Represented Pension Plan end-of-year assets rose from $81M in the plan year 2023 filing to $482M in the plan year 2024 filing.
- Albemarle Corporation Represented Pension Plan reported participants rose from 27 in the plan year 2023 filing to 158 in the plan year 2024 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. Albemarle Corporation Represented Pension Plan reports 158 participants - about 19% of that state average ($482M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $81M |
|---|---|
| Net Assets (End of Year) | $482M |
| Net Income | -$2M |
| Employer EIN | 541692118 |
| Plan Effective Date | 1994-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Albemarle Corporation)
| 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 Represented Pension Plan vs. nearby Defined Benefit (Pension) plans in North Carolina, assets vs. participants
- 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
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Albemarle Corporation Represented Pension Plan by total assets, not by location.
- Associated Banc-Corp Retirement Account Plan (WI) $482M · 3,607
- Discover Financial Services Pension Plan (IL) $483M · 2,591
- Employees Retirement Plan of Hajoca Corporation (PA) $483M · 5,106
- Minnesota & North Dakota Bricklayers and Allied Craftworkers Pension Fund (MN) $481M · 1,353
Frequently Asked Questions
How did Albemarle Corporation Represented Pension Plan assets move in 2024? ▼
How have Albemarle Corporation plan assets changed over time? ▼
Where does Albemarle Corporation Represented Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Albemarle Corporation Represented Pension Plan? ▼
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Filing takeaways
Ways to act on Albemarle Corporation Represented Pension Plan's numbers.
- By total assets, Albemarle Corporation Represented 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