Defined Benefit (Pension) · DOL Form 5500 · 2024
Alpek Polyester USA, LLC Pension Plan
Data updated 2026-08-25
- $71M
- Total assets Below avg plan size
- 48
- Participants Small participant base
- 88th
- Percentile by assets National rank
- $1.5M
- Avg per participant High balance/head
Official DOL plan name: Dak Americas LLC Pension Plan · Sponsored by Alpek Polyester USA, LLC · North Carolina · Manufacturing
$71M in assets, 48 participants
Alpek Polyester USA, LLC's Dak Americas LLC Pension Plan reported $71M in total assets and 48 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.
- #14,587 in Manufacturing (17,777 peers)
Where Dak Americas LLC Pension Plan sits by assets
Dak Americas LLC Pension Plan sits in the top quartile of all filed plans by assets, $71M for 48 participants (~$1.5M/participant), down 5.1% in 2024.
- #14,587
- in Manufacturing (17,777 peers)
- -5.1%
- assets change YoY
- 0.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Dak Americas LLC Pension Plan's outsized position by total assets
Dak Americas LLC Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$70,757,663 Top 12% higher than 88% 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
Dak Americas LLC Pension Plan among smaller filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Dak Americas LLC Pension Plan is a small filing (48 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Dak Americas LLC Pension Plan reported net income fell from $3M in the plan year 2023 filing to -$4M in the plan year 2024 filing.
- Dak Americas LLC Pension Plan reported participants fell from 57 in the plan year 2023 filing to 48 in the plan year 2024 filing.
- Dak Americas LLC Pension Plan end-of-year assets fell from $75M in the plan year 2023 filing to $71M in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 522343187 · Alpek Polyester USA, LLC PY 2024 · Defined Benefit (Pension)
Dak Americas LLC Pension Plan · $71M · 48 · 88th
- SCH $71M
- SCH 48
- SCH 88th
- SCH Defined Benefit (Pension)
- SCH near Plumbers & Pipefitters Local Union 719 Pension Fund
- SCH ind #14587
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 Manufacturing retirement plans → · Plans in North Carolina →
Dak Americas LLC Pension Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $75M |
|---|---|
| Net Assets (End of Year) | $71M |
| Net Income | -$4M |
| Employer EIN | 522343187 |
| Plan Effective Date | 2001-08-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Alpek Polyester USA, LLC)
Sponsor-wide plan assets over time
All Alpek Polyester USA, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $327M 17.172108601886354% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 1,422 | $279M |
| 2023 | 2 | 1,530 | $314M |
| 2024 | 2 | 1,416 | $327M |
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
Dak Americas LLC 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 Plumbers & Pipefitters Local Union 719 Pension Fund in FL ($71M); by covered participants it is The Retirement Plan for Employees of the Estate of Thomas O'connor in TX (48 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($71M here).
- Plumbers & Pipefitters Local Union 719 Pension Fund (FL) $71M · 200
- Premcor Pension Plan (TX) $71M · 251
- Vectren Corporation Combined Non-Bargaining Retirement Plan (IN) $71M · 352
- Sedgwick Retirement Plan (TN) $71M · 880
Similar participant headcount
Nearest other-state filings by covered participants (48 participants); asset peers above are excluded.
- The Retirement Plan for Employees of the Estate of Thomas O'connor (TX) 48 · 0 off
- Retirement Program Plan for Employees of United States Enrichment Corporation (MD) 48 · 0 off
- Howmet Corporation Muskegon County Operations Hrly Pension Plan (PA) 48 · 0 off
- Emblemhealth Services Company, LLC Cash Balance Plan and Trust for Collectively Bargained Employees (NY) 48 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.