401(k) · DOL Form 5500 · 2022

Lg&e and Ku Energy LLC 401(k) Plan

Data updated 2026-08-06

$851M
Total assets
3,389
Participants
99th
Percentile by assets
$251,207
Avg per participant
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Official DOL plan name: Lg&e and Ku Savings Plan · Sponsored by Lg&e and Ku Energy LLC · Kentucky · Utilities

$851M in assets, 3,389 participants

Lg&e and Ku Energy LLC's Lg&e and Ku Savings Plan reported $851M in total assets and 3,389 participants in its 2022 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 139,258 plans)
  • #652 in Utilities (739 peers)

Coverage in Kentucky

Lg&e and Ku Savings Plan covers 3,389 participants in Kentucky, 5.2x the typical Kentucky plan (state average ~658 per filing). Assets: $851M.

$851M
total plan assets (2022 EOY)
3,389
covered participants
99th
percentile by assets (of 139,258 plans)
$251,207
avg assets per participant

The plan reported a net loss of $305M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 658 participants across 1,242 plans. Lg&e and Ku Savings Plan reports 3,389 participants - 5.2x that state average ($851M EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$851M
Net Income-$305M
Employer EIN200523163
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lg&e and Ku Energy LLC)

$1.95B$2B$2.05B 202220232024 $1.97B $2.04B ▲ +3.6%
Total plan assets by year, all Lg&e and Ku Energy LLC plans on file
Year Plans Participants Total Assets
2022 2 4,372 $2.0B
2023 2 3,951 $2.0B
2024 2 3,867 $2.0B

Nearby 401(k) Plans in Kentucky

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

Lg&e and Ku Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Lg&e and Ku Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 02468 Total assets ($B) Participants Lg&e and Ku Savings …Humana Retirement Sa…Commonspirit Health …UPS/Ipa 401 (K) Savi…Lexmark Savings PlanKindred 401 (K) Plan
Lg&e and Ku Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lg&e and Ku Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Lg&e and Ku Savings Plan assets move in 2022?
Lg&e and Ku Savings Plan declined sharply - down 29.0% during 2022, from $1.2B to $851M. Reported net income was -$305M.
How have Lg&e and Ku Energy LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Lg&e and Ku Energy LLC's sponsor-wide assets grew 3.7%, from $2.0B to $2.0B.
Where does Lg&e and Ku Savings Plan rank by assets among Form 5500 filers?
Lg&e and Ku Savings Plan ranks in the 99th percentile by end-of-year assets among 139,258 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Lg&e and Ku Savings Plan?
Among 401(k) plans in other states, the closest by assets is Coadvantage Corporation Retirement Savings Plan in FL ($851M, 55,559 participants).

Next read for Lg&e and Ku Savings Plan

Filing takeaways

Ways to act on Lg&e and Ku Savings Plan's numbers.