401(k) · DOL Form 5500 · 2022

Schlage Lock Company LLC 401(k) Plan

Data updated 2026-08-25

$686M
Total assets Above avg plan size
3,605
Participants Above avg headcount
98th
Percentile by assets National rank
$190,413
Avg per participant Above avg balance/head
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Official DOL plan name: Schlage Lock Company LLC Employee Savings Plan · Sponsored by Schlage Lock Company LLC · Indiana · Manufacturing

$686M in assets, 3,605 participants

Schlage Lock Company LLC's Schlage Lock Company LLC Employee Savings Plan reported $686M in total assets and 3,605 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.

  • #20,038 in Manufacturing (20,602 peers)

Coverage in Indiana

Schlage Lock Company LLC Employee Savings Plan covers 3,605 participants in Indiana, 6.7x the typical Indiana plan (state average ~541 per filing). Assets: $686M.

#20,038
in Manufacturing (20,602 peers)
-13.6%
assets change YoY
6.9×
vs typical plan assets (national mean)

The plan reported a net loss of $108M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Schlage Lock Company LLC Employee Savings Plan's outsized position by total assets

Schlage Lock Company LLC Employee Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$686,439,987 Top 2% higher than 98% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Schlage Lock Company LLC Employee Savings Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schlage Lock Company LLC Employee Savings Plan lands in the large band (3,605 participants).

Plan-year Form 5500 strip

Filing strip 542139412 · Schlage Lock Company LLC PY 2022 · 401(k)

Schlage Lock Company LLC Employee Savings Plan · $686M · 3,605 · 98th

  • VS-ST $686M
  • VS-ST 3,605
  • VS-ST 98th
  • VS-ST 401(k)
  • VS-ST near Ucb, Inc. 401(k) Retirement Plan
  • VS-ST ind #20038

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Indiana →

Schlage Lock Company LLC Employee Savings Plan in the asset neighbourhood

Kwik Trip Profit Sharing 401(k) PlanKwik Trip Profit Sharing 401…$687MSwinerton 401(k) & Savings PlanSwinerton 401(k) & Savings P…$687MSpx Retirement Savings and Stock Ownership PlanSpx Retirement Savings and S…$687MSchlage Lock Company LLC Employee Savings PlanSchlage Lock Company LLC Emp…$686MUcb, Inc. 401(k) Retirement PlanUcb, Inc. 401(k) Retirement …$686M
End-of-year total assets ($M) among Schlage Lock Company LLC Employee Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$794M
Net Assets (End of Year)$686M
Net Income-$108M
Employer EIN542139412
Plan Effective Date2013-12-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Schlage Lock Company LLC)

Sponsor-wide plan assets over time

All Schlage Lock Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 29.495325276916656% vs 2022
2024 filing year
$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.94B $1.22B ▲ +29.8%
Year Plans Participants Total Assets
2022 3 5,485 $941M
2023 3 6,988 $1.1B
2024 3 6,992 $1.2B

Nearby 401(k) Plans in Indiana

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

Schlage Lock Company LLC Employee Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 0246810 Total assets ($B) Participants Schlage Lock Company LLC Employee Savings Plan, Total assets ($B): 0.686439987 · Participants: 3605Schlage Lock Company LLC Employee Savings PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Schlage Lock Company LLC Employee Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schlage Lock Company LLC Employee Savings Plan side-by-side with 3 peers →

Schlage Lock Company LLC Employee Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Ucb, Inc. 401(k) Retirement Plan in GA ($686M); by covered participants it is Chick-Fil-a, Inc. 401(k) Plan in GA (3,605 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($686M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,605 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Schlage Lock Company LLC Employee Savings Plan assets move in 2022? ▼
Schlage Lock Company LLC Employee Savings Plan pulled back noticeably - down 13.6% during 2022, from $794M to $686M. Reported net income was -$108M.
How have Schlage Lock Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schlage Lock Company LLC's sponsor-wide assets grew 29.5%, from $941M to $1.2B.
Where does Schlage Lock Company LLC Employee Savings Plan rank by assets among Form 5500 filers? ▼
Schlage Lock Company LLC Employee Savings 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 Schlage Lock Company LLC Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ucb, Inc. 401(k) Retirement Plan in GA ($686M, 1,652 participants).
Which 401(k) plans cover a similar participant headcount to Schlage Lock Company LLC Employee Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Chick-Fil-a, Inc. 401(k) Plan in GA (3,605 participants, $662M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 542139412.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.