Defined Benefit (Pension) · DOL Form 5500 · 2022

Lsi Corporation Pension Plan

Data updated 2026-08-06

$1.0B
Total assets
153
Participants
99th
Percentile by assets
$6.6M
Avg per participant
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Official DOL plan name: Agere Systems Pension Plan · Sponsored by Lsi Corporation · Pennsylvania · Manufacturing

$1.0B in assets, 153 participants

Lsi Corporation's Agere Systems Pension Plan reported $1.0B in total assets and 153 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)
  • #20,228 in Manufacturing (20,629 peers)

Coverage in Pennsylvania

Agere Systems Pension Plan covers 153 participants in Pennsylvania, about 19% of the average Pennsylvania filer (state average ~824 per filing). Assets: $1.0B.

$1.0B
total plan assets (2022 EOY)
153
covered participants
99th
percentile by assets (of 139,258 plans)
$6.6M
avg assets per participant

The plan reported a net loss of $322M 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 824 participants across 5,360 plans. Agere Systems Pension Plan reports 153 participants - about 19% of that state average ($1.0B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.0B
Net Income-$322M
Employer EIN942712976
Plan Effective Date2002-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lsi Corporation)

$0.9B$0.95B$1B$1.05B 202220232024 $1.01B $0.92B ▼ -8.9%
Total plan assets by year, all Lsi Corporation plans on file
Year Plans Participants Total Assets
2022 1 153 $1.0B
2023 1 136 $995M
2024 1 128 $922M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Agere Systems Pensio…National Elevator In…Steelworkers Pension…The PNC Financial Se…Constellation Retire…The Bank of New York…
Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Agere Systems Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Agere Systems Pension Plan assets move in 2022?
Agere Systems Pension Plan declined sharply - down 24.4% during 2022, from $1.3B to $1.0B. Reported net income was -$322M.
How have Lsi Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lsi Corporation's sponsor-wide assets declined 9.1%, from $1.0B to $922M.
Where does Agere Systems Pension Plan rank by assets among Form 5500 filers?
Agere Systems Pension 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 Defined Benefit (Pension) plans are similar in size to Agere Systems Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Meijer Hourly Pension Plan in MI ($1.0B, 7,512 participants).

Filing takeaways

Ways to act on Agere Systems Pension Plan's numbers.

  • By total assets, Agere Systems Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
  • Lsi Corporation's sponsor-wide assets have declined 9.1% since 2022 across 3 plan years on file. More Manufacturing plans