401(k) · DOL Form 5500 · 2022

The Lincoln Electric Company 401(k) Plan

Data updated 2026-08-25

$861M
Total assets Above avg plan size
4,477
Participants Above avg headcount
99th
Percentile by assets National rank
$192,325
Avg per participant Above avg balance/head
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Official DOL plan name: The Lincoln Electric Company Employee Savings Plan · Sponsored by The Lincoln Electric Company · Ohio · Manufacturing

$861M in assets, 4,477 participants

The Lincoln Electric Company's The Lincoln Electric Company Employee Savings Plan reported $861M in total assets and 4,477 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • #20,135 in Manufacturing (20,602 peers)

Coverage in Ohio

The Lincoln Electric Company Employee Savings Plan covers 4,477 participants in Ohio, 5.9x the typical Ohio plan (state average ~765 per filing). Assets: $861M.

#20,135
in Manufacturing (20,602 peers)
-4.4%
assets change YoY
8.6×
vs typical plan assets (national mean)

The plan reported a net loss of $151M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Lincoln Electric Company Employee Savings Plan's outsized position by total assets

The Lincoln Electric Company Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$861,037,363 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

The Lincoln Electric Company Employee Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Lincoln Electric Company Employee Savings Plan lands in the large band (4,477 participants).

EBSA filing schedule strip

Filing strip 340359955 · The Lincoln Electric Company PY 2022 · 401(k)

The Lincoln Electric Company Employee Savings Plan · $861M · 4,477 · 99th

  • PCT $861M
  • PCT 4,477
  • PCT 99th
  • PCT 401(k)
  • PCT near Electronic Arts Inc. 401(k) Plan
  • PCT ind #20135

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 Ohio →

The Lincoln Electric Company Employee Savings Plan in the asset neighbourhood

A&b Retirement Plan$864MBenefitsplus 401(k) Profit Sharing PlanBenefitsplus 401(k) Profit S…$862MThe Lincoln Electric Company Employee Savings PlanThe Lincoln Electric Company…$861MElectronic Arts Inc. 401(k) PlanElectronic Arts Inc. 401(k) …$861MSecurian Financial Group, Inc. Performance Share PlanSecurian Financial Group, In…$859M
End-of-year total assets ($M) among The Lincoln Electric Company Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$900M
Net Assets (End of Year)$861M
Net Income-$151M
Employer EIN340359955
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Lincoln Electric Company)

Sponsor-wide plan assets over time

All The Lincoln Electric Company plans reported in each filing year

Latest sponsor-wide plan assets
$1.1B 28.42607458371118% vs 2022
2024 filing year
$0.8B$0.9B$1B$1.1B$1.2B 202220232024 $0.86B $1.11B ▲ +29.1%
Year Plans Participants Total Assets
2022 1 4,477 $861M
2023 1 4,842 $1.0B
2024 1 4,859 $1.1B

Nearby 401(k) Plans in Ohio

Peer 401(k) plans, same state, same plan type, ranked by total assets.

The Lincoln Electric Company Employee Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 0246810 Total assets ($B) Participants The Lincoln Electric Company Employee Savings Plan, Total assets ($B): 0.861037363 · Participants: 4477The Lincoln Electric Company Employee Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
The Lincoln Electric Company Employee Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

The Lincoln Electric Company Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Electronic Arts Inc. 401(k) Plan in CA ($861M); by covered participants it is Childrens Hospital Los Angeles Employees' 401(k) Plan in CA (4,477 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($861M here).

Similar participant headcount

Nearest other-state filings by covered participants (4,477 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did The Lincoln Electric Company Employee Savings Plan assets move in 2022? ▼
The Lincoln Electric Company Employee Savings Plan edged down modestly - down 4.4% during 2022, from $900M to $861M. Reported net income was -$151M.
How have The Lincoln Electric Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Lincoln Electric Company's sponsor-wide assets grew 28.4%, from $861M to $1.1B.
Where does The Lincoln Electric Company Employee Savings Plan rank by assets among Form 5500 filers? ▼
The Lincoln Electric Company Employee Savings Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Lincoln Electric Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Electronic Arts Inc. 401(k) Plan in CA ($861M, 4,592 participants).
Which 401(k) plans cover a similar participant headcount to The Lincoln Electric Company Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Childrens Hospital Los Angeles Employees' 401(k) Plan in CA (4,477 participants, $424M in assets).