401(k) · DOL Form 5500 · 2022
Ll Bean Inc 401(k) Plan
Data updated 2026-08-06
- $617M
- Total assets
- 7,122
- Participants
- 98th
- Percentile by assets
- $86,647
- Avg per participant
Official DOL plan name: L.L. Bean 401(k) Retirement Savings Plan · Sponsored by Ll Bean Inc · Maine · Retail Trade
$617M in assets, 7,122 participants
Ll Bean Inc's L.L. Bean 401(k) Retirement Savings Plan reported $617M in total assets and 7,122 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 139,258 plans)
- #9,419 in Retail Trade (9,527 peers)
Coverage in Maine
L.L. Bean 401(k) Retirement Savings Plan covers 7,122 participants in Maine, 15x the typical Maine plan (state average ~486 per filing). Assets: $617M.
- $617M
- total plan assets (2022 EOY)
- 7,122
- covered participants
- 98th
- percentile by assets (of 139,258 plans)
- $86,647
- avg assets per participant
The plan reported a net loss of $112M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Maine filers
In Maine, the average filing covers about 486 participants across 529 plans. L.L. Bean 401(k) Retirement Savings Plan reports 7,122 participants - 15x that state average ($617M EOY assets).
Maine filing particulars
| Total Assets (Beginning of Year) | $729M |
|---|---|
| Net Assets (End of Year) | $617M |
| Net Income | -$112M |
| Employer EIN | 010026590 |
| Plan Effective Date | 1970-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ll Bean Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,452 | $825M |
| 2023 | 2 | 7,519 | $721M |
| 2024 | 1 | 7,315 | $803M |
Nearby 401(k) Plans in Maine
Peer 401(k) plans, same state, same plan type, ranked by total assets.
L.L. Bean 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
- Td 401(k) Retirement Plan $4.1B · 26,725
- Unum Group 401(k) Retirement Plan $1.8B · 9,051
- Idexx Retirement and Incentive Savings Plan $834M · 6,436
- Hannaford Bros. Co., LLC Retirement Savings Plan $832M · 28,776
- The Cianbro Team Equity Plan $624M · 2,575
Scale composition for L.L. Bean 401(k) Retirement Savings Plan
L.L. Bean 401(k) Retirement Savings Plan reports $617M in end-of-year assets across 7,122 participants (0.005% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.008% of 89,805,449 covered participants) - about $86,647 per participant (63% of the national average assets-per-participant) . Net income for plan year 2022 was -$112M.
This plan identity (EIN 010026590, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $617M to $803M (+30.2%) while covered participants moved from 7,122 to 7,315 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,122 | $617M | This page |
| 2023 | 7,173 | $721M | Open filing |
| 2024 · index core | 7,315 | $803M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- L.L. Bean 401(k) Retirement Savings Plan (401(k), $803M, 7,315 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to L.L. Bean 401(k) Retirement Savings Plan by total assets, not by location.
- Its USA Retirement Savings Plan (TX) $618M · 6,389
- Arkansas Blue Cross and Blue Shield 401(k) Savings and Plus Plan (AR) $616M · 3,145
- Excellus 401(k) Plan (NY) $619M · 4,068
- Bose Employees' Retirement Savings 401(k) Plan (MA) $615M · 2,234
Frequently Asked Questions
How did L.L. Bean 401(k) Retirement Savings Plan assets move in 2022? ▼
How have Ll Bean Inc plan assets changed over time? ▼
Where does L.L. Bean 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to L.L. Bean 401(k) Retirement Savings Plan? ▼
Next read for L.L. Bean 401(k) Retirement Savings Plan
Filing takeaways
Ways to act on L.L. Bean 401(k) Retirement Savings Plan's numbers.
- By total assets, L.L. Bean 401(k) Retirement Savings 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 Maine. Compare plans
- Ll Bean Inc's sponsor-wide assets have declined 2.6% since 2022 across 3 plan years on file. More Retail Trade plans