401(k) · DOL Form 5500 · 2022
Eli Lilly and Company 401(k) Plan
Data updated 2026-08-06
- $8.9B
- Total assets
- 15,607
- Participants
- 100th
- Percentile by assets
- $568,671
- Avg per participant
Official DOL plan name: The Lilly Employee 401(k) Plan · Sponsored by Eli Lilly and Company · Indiana · Manufacturing
$8.9B in assets, 15,607 participants
Eli Lilly and Company's The Lilly Employee 401(k) Plan reported $8.9B in total assets and 15,607 participants in its 2022 DOL Form 5500 filing, ranking in the 100th 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.
- 100th percentile by assets (of 139,258 plans)
- #20,576 in Manufacturing (20,629 peers)
Coverage in Indiana
The Lilly Employee 401(k) Plan covers 15,607 participants in Indiana, 28x the typical Indiana plan (state average ~555 per filing). Assets: $8.9B.
- $8.9B
- total plan assets (2022 EOY)
- 15,607
- covered participants
- 100th
- percentile by assets (of 139,258 plans)
- $568,671
- avg assets per participant
The plan reported a net loss of $872M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Indiana filers
In Indiana, the average filing covers about 555 participants across 2,178 plans. The Lilly Employee 401(k) Plan reports 15,607 participants - 28x that state average ($8.9B EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $9.7B |
|---|---|
| Net Assets (End of Year) | $8.9B |
| Net Income | -$872M |
| Employer EIN | 350470950 |
| Plan Effective Date | 1956-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eli Lilly and Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 32,485 | $20.1B |
| 2023 | 2 | 36,694 | $22.8B |
| 2024 | 2 | 39,874 | $24.8B |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
The Lilly Employee 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
- Elevance Health 401(k) Plan $9.5B · 71,898
- Cummins Retirement and Savings Plan $4.4B · 23,710
- Iu Health 401(k) Savings Plan $3.2B · 39,243
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.0B · 8,632
- Nisource Inc Retirement Savings Plan $1.5B · 7,561
Scale composition for The Lilly Employee 401(k) Plan
The Lilly Employee 401(k) Plan reports $8.9B in end-of-year assets across 15,607 participants (0.076% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.017% of 89,805,449 covered participants) - about $568,671 per participant (4.2x the national average assets-per-participant) . Net income for plan year 2022 was -$872M.
This plan identity (EIN 350470950, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.9B to $13.1B (+47.1%) while covered participants moved from 15,607 to 19,977 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 15,607 | $8.9B | This page |
| 2023 | 17,583 | $11.1B | Open filing |
| 2024 · index core | 19,977 | $13.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Lilly Employee 401(k) Plan (401(k), $13.1B, 19,977 participants)
- The Lilly Retirement Plan (Defined Benefit (Pension), $11.8B, 19,897 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to The Lilly Employee 401(k) Plan by total assets, not by location.
- Hp Inc. 401(k) Plan (TX) $8.9B · 13,940
- Liberty Mutual 401(k) Plan (MA) $8.8B · 32,843
- Bristol-Myers Squibb Savings and Investment Program (NY) $9.0B · 20,296
- Truist Financial Corporation 401(k) Savings Plan (NC) $9.0B · 51,871
Frequently Asked Questions
How did The Lilly Employee 401(k) Plan assets move in 2022? ▼
How have Eli Lilly and Company plan assets changed over time? ▼
Where does The Lilly Employee 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to The Lilly Employee 401(k) Plan? ▼
Next read for The Lilly Employee 401(k) Plan
Filing takeaways
Ways to act on The Lilly Employee 401(k) Plan's numbers.
- By total assets, The Lilly Employee 401(k) 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 Indiana. Compare plans
- Eli Lilly and Company's sponsor-wide assets have grown 23.6% since 2022 across 3 plan years on file. More Manufacturing plans