401(k) · DOL Form 5500 · 2022

Lpl Financial LLC 401(k) Plan

Data updated 2026-08-11

$563M
Total assets
6,251
Participants
98th
Percentile by assets
$89,991
Avg per participant
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Official DOL plan name: Lpl Financial LLC Profit Sharing 401(k) Plan · Sponsored by Lpl Financial LLC · South Carolina · Finance & Insurance

$563M in assets, 6,251 participants

Lpl Financial LLC's Lpl Financial LLC Profit Sharing 401(k) Plan reported $563M in total assets and 6,251 participants in its 2022 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 139,126 plans)
  • #8,933 in Finance & Insurance (9,261 peers)

Coverage in South Carolina

Lpl Financial LLC Profit Sharing 401(k) Plan covers 6,251 participants in South Carolina, 17x the typical South Carolina plan (state average ~369 per filing). Assets: $563M.

$563M
total plan assets (2022 EOY)
6,251
covered participants
98th
percentile by assets (of 139,126 plans)
$89,991
avg assets per participant

The plan reported a net loss of $57M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Lpl Financial LLC Profit Sharing 401(k) Plan reports 6,251 participants - 17x that state average ($563M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$620M
Net Assets (End of Year)$563M
Net Income-$57M
Employer EIN952834236
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lpl Financial LLC)

$400M$600M$800M$1,000M 202220232024 $563M $940M ▲ +67.0%
Total plan assets by year, all Lpl Financial LLC plans on file
Year Plans Participants Total Assets
2022 1 6,251 $563M
2023 1 7,162 $754M
2024 1 8,648 $940M

Nearby 401(k) Plans in South Carolina

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

Lpl Financial LLC Profit Sharing 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Lpl Financial LLC Profit Sharing 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 40006000800010000120001400016000 01234 Total assets ($B) Participants Lpl Financial LLC Pr…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …The Milliken Retirem…Blue Cross Blue Shie…
Lpl Financial LLC Profit Sharing 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Scale composition for Lpl Financial LLC Profit Sharing 401(k) Plan

Lpl Financial LLC Profit Sharing 401(k) Plan reports $563M in end-of-year assets across 6,251 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $89,991 per participant (65% of the national average assets-per-participant) . Net income for plan year 2022 was -$57M.

This plan identity (EIN 952834236, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $563M to $940M (+67.0%) while covered participants moved from 6,251 to 8,648 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,251 $563M This page
2023 7,162 $754M Open filing
2024 · index core 8,648 $940M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lpl Financial LLC Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Lpl Financial LLC Profit Sharing 401(k) Plan assets move in 2022?
Lpl Financial LLC Profit Sharing 401(k) Plan pulled back noticeably - down 9.3% during 2022, from $620M to $563M. Reported net income was -$57M.
How have Lpl Financial LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Lpl Financial LLC's sponsor-wide assets grew 67.0%, from $563M to $940M.
Where does Lpl Financial LLC Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
Lpl Financial LLC Profit Sharing 401(k) Plan ranks in the 98th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lpl Financial LLC Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mccain Foods USA, Inc. Retirement Plan in IL ($563M, 4,184 participants).

Next read for Lpl Financial LLC Profit Sharing 401(k) …

Filing takeaways

Ways to act on Lpl Financial LLC Profit Sharing 401(k) Plan's numbers.