Defined Benefit (Pension) · DOL Form 5500 · 2024
Laboratory Corporation of America Holdings Pension Plan
Data updated 2026-08-25
- $196M
- Total assets Near avg plan size
- 9,540
- Participants Very large workforce
- 94th
- Percentile by assets National rank
- $20,589
- Avg per participant Low balance/head
Official DOL plan name: Laboratory Corporation of America Holdings Cash Balance Retirement Plan · Sponsored by Laboratory Corporation of America Holdings · North Carolina · Healthcare & Social Assistance
$196M in assets, 9,540 participants
Laboratory Corporation of America Holdings's Laboratory Corporation of America Holdings Cash Balance Retirement Plan reported $196M in total assets and 9,540 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #16,044 in Healthcare & Social Assistance (16,916 peers)
Coverage in North Carolina
Laboratory Corporation of America Holdings Cash Balance Retirement Plan covers 9,540 participants in North Carolina, 12x the typical North Carolina plan (state average ~819 per filing). Assets: $196M.
- #16,044
- in Healthcare & Social Assistance (16,916 peers)
- -5.2%
- assets change YoY
- 2.0×
- vs typical plan assets (national mean)
The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Laboratory Corporation of America Holdings Cash Balance Retirement Plan's outsized position by total assets
Laboratory Corporation of America Holdings Cash Balance Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$196,419,046 Top 6% higher than 94% 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
Laboratory Corporation of America Holdings Cash Balance Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Laboratory Corporation of America Holdings Cash Balance Retirement Plan lands in the large band (9,540 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Laboratory Corporation of America Holdings Cash Balance Retirement Plan reported net income rose from -$21M in the plan year 2023 filing to -$11M in the plan year 2024 filing.
- Laboratory Corporation of America Holdings Cash Balance Retirement Plan reported participants rose from 6,972 in the plan year 2023 filing to 9,540 in the plan year 2024 filing.
- Laboratory Corporation of America Holdings Cash Balance Retirement Plan end-of-year assets fell from $207M in the plan year 2023 filing to $196M in the plan year 2024 filing.
Published 5500 schedule card
Filing strip 133757370 · Laboratory Corporation of America Holdings PY 2024 · Defined Benefit (Pension)
Laboratory Corporation of America Holdings Cash Balance Retirement Plan · $196M · 9,540 · 94th
- SCH $196M
- EBSA 9,540
- PART 94th
- TYPE Defined Benefit (Pension)
- NET near Glaziers Union Local No. 27 Pension & Retirement P
- BOOK ind #16044
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 Healthcare & Social Assistance retirement plans → · Plans in North Carolina →
Laboratory Corporation of America Holdings Cash Balance Retirement Plan in the asset neighbourhood
North Carolina filing particulars
| Total Assets (Beginning of Year) | $207M |
|---|---|
| Net Assets (End of Year) | $196M |
| Net Income | -$11M |
| Employer EIN | 133757370 |
| Plan Effective Date | 1992-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Laboratory Corporation of America Holdings)
Sponsor-wide plan assets over time
All Laboratory Corporation of America Holdings plans reported in each filing year
- Latest sponsor-wide plan assets
- $4.7B 18.864335932819472% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 53,675 | $3.9B |
| 2023 | 2 | 57,798 | $4.1B |
| 2024 | 2 | 57,250 | $4.7B |
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
Scale composition for Laboratory Corporation of America Holdings Cash Balance Retirement Plan
Laboratory Corporation of America Holdings Cash Balance Retirement Plan reports $196M in end-of-year assets across 9,540 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.010% of 93,925,755 covered participants) - about $20,589 per participant (15% of the national average assets-per-participant) . Net income for plan year 2024 was -$11M.
This plan identity (EIN 133757370, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $229M to $196M (-14.1%) while covered participants moved from 7,513 to 9,540 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,513 | $229M | Open filing |
| 2023 | 6,972 | $207M | Open filing |
| 2024 · index core | 9,540 | $196M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Laboratory Corporation of America Holdings 401(k) Savings Plan (401(k), $4.5B, 47,710 participants)
Laboratory Corporation of America Holdings Cash Balance Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside North Carolina, the nearest Defined Benefit (Pension) by assets is Glaziers Union Local No. 27 Pension & Retirement P in IL ($196M); by covered participants it is Ufcw-Giant Variable Annuity Fund in MD (9,542 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($196M here).
- Glaziers Union Local No. 27 Pension & Retirement P (IL) $196M · 406
- Sylvamo Pension Plan (TN) $197M · 818
- Bryan Health Employees' Retirement Plan (NE) $196M · 831
- Rga Reinsurance Company Performance Pension Plan (MO) $196M · 1,183
Similar participant headcount
Nearest other-state filings by covered participants (9,540 participants); asset peers above are excluded.
- Ufcw-Giant Variable Annuity Fund (MD) 9,542 · 2 off
- New York State Teamsters Conference Pension & Retirement Fund (NY) 9,522 · 18 off
- Kohler Co. Pension Plan (WI) 9,560 · 20 off
- Umass Memorial Health Care Pension Plan (MA) 9,506 · 34 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.