401(k) · DOL Form 5500 · 2022

Lutron Electronics Co., Inc. 401(k) Plan

Data updated 2026-08-11

$560M
Total assets
1,993
Participants
98th
Percentile by assets
$281,139
Avg per participant
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Official DOL plan name: Lutron Retirement Plan · Sponsored by Lutron Electronics Co., Inc. · Pennsylvania · Manufacturing

$560M in assets, 1,993 participants

Lutron Electronics Co., Inc.'s Lutron Retirement Plan reported $560M in total assets and 1,993 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)
  • #19,939 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Lutron Retirement Plan covers 1,993 participants in Pennsylvania, 2.4x the typical Pennsylvania plan (state average ~822 per filing). Assets: $560M.

$560M
total plan assets (2022 EOY)
1,993
covered participants
98th
percentile by assets (of 139,126 plans)
$281,139
avg assets per participant

The plan reported a net loss of $100M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Lutron Retirement Plan reports 1,993 participants - 2.4x that state average ($560M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$660M
Net Assets (End of Year)$560M
Net Income-$100M
Employer EIN231599902
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lutron Electronics Co., Inc.)

$500M$600M$700M$800M 202220232024 $560M $765M ▲ +36.5%
Total plan assets by year, all Lutron Electronics Co., Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,993 $560M
2023 1 2,221 $677M
2024 1 2,292 $765M

Nearby 401(k) Plans in Pennsylvania

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

Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Lutron Retirement PlanComcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lutron Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lutron Retirement Plan assets move in 2022?
Lutron Retirement Plan declined sharply - down 15.1% during 2022, from $660M to $560M. Reported net income was -$100M.
How have Lutron Electronics Co., Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lutron Electronics Co., Inc.'s sponsor-wide assets grew 36.5%, from $560M to $765M.
Where does Lutron Retirement Plan rank by assets among Form 5500 filers?
Lutron Retirement 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 Lutron Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Ergon 401(k) Plan in MS ($560M, 3,038 participants).

Filing takeaways

Ways to act on Lutron Retirement Plan's numbers.