401(k) · DOL Form 5500 · 2023

Lkq Corporation 401(k) Plan

Data updated 2026-08-11

$604M
Total assets
16,511
Participants
98th
Percentile by assets
$36,591
Avg per participant
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Official DOL plan name: Lkq Corporation Employees' Retirement Plan · Sponsored by Lkq Corporation · Illinois · Retail Trade

$604M in assets, 16,511 participants

Lkq Corporation's Lkq Corporation Employees' Retirement Plan reported $604M in total assets and 16,511 participants in its 2023 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 127,072 plans)
  • #8,294 in Retail Trade (8,414 peers)

Coverage in Illinois

Lkq Corporation Employees' Retirement Plan covers 16,511 participants in Illinois, 21x the typical Illinois plan (state average ~779 per filing). Assets: $604M.

$604M
total plan assets (2023 EOY)
16,511
covered participants
98th
percentile by assets (of 127,072 plans)
$36,591
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lkq Corporation Employees' Retirement Plan reported net income rose from -$100M in the plan year 2022 filing to $93M in the plan year 2023 filing.
  • Lkq Corporation Employees' Retirement Plan end-of-year assets rose from $512M in the plan year 2022 filing to $604M in the plan year 2023 filing.
  • Lkq Corporation Employees' Retirement Plan reported participants rose from 15,988 in the plan year 2022 filing to 16,511 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Lkq Corporation Employees' Retirement Plan reports 16,511 participants - 21x that state average ($604M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$512M
Net Assets (End of Year)$604M
Net Income$93M
Employer EIN364215970
Plan Effective Date1999-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lkq Corporation)

$400M$500M$600M$700M$800M 202220232024 $512M $728M ▲ +42.2%
Total plan assets by year, all Lkq Corporation plans on file
Year Plans Participants Total Assets
2022 1 15,988 $512M
2023 1 16,511 $604M
2024 1 16,652 $728M

Nearby 401(k) Plans in Illinois

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

Lkq Corporation Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Lkq Corporation Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -505101520 Total assets ($B) Participants Lkq Corporation Empl…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Lkq Corporation Employees' Retirement Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Lkq Corporation Employees' Retirement Plan

Lkq Corporation Employees' Retirement Plan reports $604M in end-of-year assets across 16,511 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.018% of 93,925,755 covered participants) - about $36,591 per participant (26% of the national average assets-per-participant) . Net income for plan year 2023 was $93M.

This plan identity (EIN 364215970, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $512M to $728M (+42.2%) while covered participants moved from 15,988 to 16,652 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,988 $512M Open filing
2023 16,511 $604M This page
2024 · index core 16,652 $728M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lkq Corporation Employees' Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lkq Corporation Employees' Retirement Plan assets move in 2023?
Lkq Corporation Employees' Retirement Plan grew sharply - up 18.1% during 2023, from $512M to $604M. Reported net income was $93M.
How have Lkq Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lkq Corporation's sponsor-wide assets grew 42.2%, from $512M to $728M.
Where does Lkq Corporation Employees' Retirement Plan rank by assets among Form 5500 filers?
Lkq Corporation Employees' Retirement Plan ranks in the 98th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lkq Corporation Employees' Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Johnson Controls Select Hourly Retirement Savings and Investment Plan in WI ($605M, 8,052 participants).

Next read for Lkq Corporation Employees' Retirement Pl…

Filing takeaways

Ways to act on Lkq Corporation Employees' Retirement Plan's numbers.

  • By total assets, Lkq Corporation Employees' Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Illinois. Compare plans
  • Lkq Corporation's sponsor-wide assets have grown 42.2% since 2022 across 3 plan years on file. More Retail Trade plans