401(k) · DOL Form 5500 · 2022
The Lincoln Electric Company 401(k) Plan
Data updated 2026-08-11
- $861M
- Total assets
- 4,477
- Participants
- 99th
- Percentile by assets
- $192,325
- Avg per participant
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.
- 99th percentile by assets (of 139,126 plans)
- #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.
- $861M
- total plan assets (2022 EOY)
- 4,477
- covered participants
- 99th
- percentile by assets (of 139,126 plans)
- $192,325
- avg assets per participant
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.
Participants vs Ohio filers
In Ohio, the average filing covers about 765 participants across 5,089 plans. The Lincoln Electric Company Employee Savings Plan reports 4,477 participants - 5.9x that state average ($861M EOY assets).
Ohio filing particulars
| Total Assets (Beginning of Year) | $900M |
|---|---|
| Net Assets (End of Year) | $861M |
| Net Income | -$151M |
| Employer EIN | 340359955 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Lincoln Electric Company)
| 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
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Lincoln Electric Company Employee Savings Plan by total assets, not by location.
- Electronic Arts Inc. 401(k) Plan (CA) $861M · 4,592
- Benefitsplus 401(k) Profit Sharing Plan (NY) $862M · 9,436
- Securian Financial Group, Inc. Performance Share Plan (MN) $859M · 3,120
- A&b Retirement Plan (GA) $864M · 1,508
Frequently Asked Questions
How did The Lincoln Electric Company Employee Savings Plan assets move in 2022? ▼
How have The Lincoln Electric Company plan assets changed over time? ▼
Where does The Lincoln Electric Company Employee Savings Plan rank by assets among Form 5500 filers? ▼
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Filing takeaways
Ways to act on The Lincoln Electric Company Employee Savings Plan's numbers.
- By total assets, The Lincoln Electric Company Employee Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- The Lincoln Electric Company's sponsor-wide assets have grown 28.4% since 2022 across 3 plan years on file. More Manufacturing plans