Defined Benefit (Pension) · DOL Form 5500 · 2023

L.L.Bean, Inc. Pension Plan

Data updated 2026-08-25

$1K
Total assets Small plan by assets
346
Participants Below avg headcount
1st
Percentile by assets National rank
$4
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: L.L.Bean, Inc. Pension Plan · Sponsored by L.L.Bean, Inc. · Maine · Retail Trade

$1K in assets, 346 participants

L.L.Bean, Inc.'s L.L.Bean, Inc. Pension Plan reported $1K in total assets and 346 participants in its 2023 DOL Form 5500 filing, ranking in the 1st 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.

  • #83 in Retail Trade (8,414 peers)

2023 asset change

L.L.Bean, Inc. Pension Plan contracted severely 100.0% in 2023 ($208M → $1K) for 346 participants.

#83
in Retail Trade (8,414 peers)
-100.0%
assets change YoY

The plan reported a net loss of $207M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

L.L.Bean, Inc. Pension Plan among the smaller filed plans by assets

L.L.Bean, Inc. Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,489 1st percentile higher than 1% of 127,068 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 2023

L.L.Bean, Inc. Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. L.L.Bean, Inc. Pension Plan sits mid-pack in the medium band (346 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • L.L.Bean, Inc. Pension Plan end-of-year assets fell from $208M in the plan year 2022 filing to $1K in the plan year 2023 filing.
  • L.L.Bean, Inc. Pension Plan reported participants fell from 2,330 in the plan year 2022 filing to 346 in the plan year 2023 filing.
  • L.L.Bean, Inc. Pension Plan reported net income rose from -$300M in the plan year 2022 filing to -$207M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010026590 · L.L.Bean, Inc. PY 2023 · Defined Benefit (Pension)

L.L.Bean, Inc. Pension Plan · $1K · 346 · 1st

  • PART $1K
  • TYPE 346
  • NET 1st
  • BOOK Defined Benefit (Pension)
  • VS-ST near Ba Holdings, Inc. Defined Benefit Pension Plan
  • BOY ind #83

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 Retail Trade retirement plans → · Plans in Maine →

L.L.Bean, Inc. Pension Plan in the asset neighbourhood

L.L.Bean, Inc. Pension Plan$1KBa Holdings, Inc. Defined Benefit Pension PlanBa Holdings, Inc. Defined Be…$2KRetirement Plan for Employees of H.H.M.O.B. CorporationRetirement Plan for Employee…$1KAbvi-Goodwill Pension Plan$1KProgressive Packaging Corporation Cash Balance PlanProgressive Packaging Corpor…$1K
End-of-year total assets ($M) among L.L.Bean, Inc. Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

L.L.Bean, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All L.L.Bean, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$803M 2.6253701112874435% vs 2022
2024 filing year
$700M$750M$800M$850M 202220232024 $825M $803M ▼ -2.6%
Year Plans Participants Total Assets
2022 2 9,452 $825M
2023 2 7,519 $721M
2024 1 7,315 $803M

2023 asset-move particulars

Total Assets (Beginning of Year)$208M
Net Assets (End of Year)N/A
Net Income-$207M
Employer EIN010026590
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Maine

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

L.L.Bean, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants L.L.Bean, Inc. Pension Plan, Total assets ($B): 0.000001489 · Participants: 346L.L.Bean, Inc. Pension PlanUnum Group Pension Plan, Total assets ($B): 1.299774166 · Participants: 3140Unum Group Pension PlanMaine Medical Center Pension Plan, Total assets ($B): 0.763853423 · Participants: 2679Maine Medical Center Pension PlanLegacy Chrysler Financial Employee Pension Plan, Total assets ($B): 0.545964991 · Participants: 248Legacy Chrysler Financial Employee Pension PlanTd Banknorth Inc. Pension Plan, Total assets ($B): 0.437094691 · Participants: 1632Td Banknorth Inc. Pension PlanNorthern Light Health Retirement Partnership Plan, Total assets ($B): 0.278599458 · Participants: 5979Northern Light Health Retirement Partnership Plan
L.L.Bean, Inc. Pension Plan vs. nearby Defined Benefit (Pension) plans in Maine, assets vs. participants

L.L.Bean, Inc. Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Maine, the nearest Defined Benefit (Pension) by assets is Ba Holdings, Inc. Defined Benefit Pension Plan in CA ($2K); by covered participants it is Lee County Electric Cooperative, Inc. Retirement Plan in FL (346 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did L.L.Bean, Inc. Pension Plan assets move in 2023?
L.L.Bean, Inc. Pension Plan contracted severely - down 100.0% during 2023, from $208M to $1K. Reported net income was -$207M.
How have L.L.Bean, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), L.L.Bean, Inc.'s sponsor-wide assets declined 2.6%, from $825M to $803M.
Where does L.L.Bean, Inc. Pension Plan rank by assets among Form 5500 filers?
L.L.Bean, Inc. Pension Plan ranks in the 1st percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to L.L.Bean, Inc. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Ba Holdings, Inc. Defined Benefit Pension Plan in CA ($2K, 10 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to L.L.Bean, Inc. Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Lee County Electric Cooperative, Inc. Retirement Plan in FL (346 participants, $52M in assets).