401(k) · DOL Form 5500 · 2022
Lg Electronics USA, Inc. 401(k) Plan
Data updated 2026-08-11
- $331M
- Total assets
- 3,128
- Participants
- 97th
- Percentile by assets
- $105,705
- Avg per participant
Official DOL plan name: Lg Electronics Retirement Plan · Sponsored by Lg Electronics USA, Inc. · New Jersey · Manufacturing
$331M in assets, 3,128 participants
Lg Electronics USA, Inc.'s Lg Electronics Retirement Plan reported $331M in total assets and 3,128 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.
- 97th percentile by assets (of 139,126 plans)
- #19,610 in Manufacturing (20,602 peers)
Coverage in New Jersey
Lg Electronics Retirement Plan covers 3,128 participants in New Jersey, 3.7x the typical New Jersey plan (state average ~844 per filing). Assets: $331M.
- $331M
- total plan assets (2022 EOY)
- 3,128
- covered participants
- 97th
- percentile by assets (of 139,126 plans)
- $105,705
- avg assets per participant
The plan reported a net loss of $55M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Lg Electronics Retirement Plan reports 3,128 participants - 3.7x that state average ($331M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $385M |
|---|---|
| Net Assets (End of Year) | $331M |
| Net Income | -$55M |
| Employer EIN | 132950311 |
| Plan Effective Date | 1950-04-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lg Electronics USA, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,128 | $331M |
| 2023 | 1 | 2,987 | $384M |
| 2024 | 1 | 3,020 | $450M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Lg Electronics Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lg Electronics Retirement Plan by total assets, not by location.
- Alyeska Pipeline Service Company Savings and Investment Plan for Operating Company Employees (AK) $331M · 718
- Sgh Profit Sharing & 401(k) Plan and Trust (MA) $330M · 637
- Electric Reliability Council of Texas 401(k) Savings Plan (TX) $331M · 763
- Duane Morris Employee Incentive Savings 401(k) Plan (PA) $331M · 1,246
Frequently Asked Questions
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Next read for Lg Electronics Retirement Plan
Filing takeaways
Ways to act on Lg Electronics Retirement Plan's numbers.
- By total assets, Lg Electronics Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Lg Electronics USA, Inc.'s sponsor-wide assets have grown 36.2% since 2022 across 3 plan years on file. More Manufacturing plans