401(k) · DOL Form 5500 · 2023

Lpl Financial LLC 401(k) Plan

Data updated 2026-08-11

$754M
Total assets
7,162
Participants
98th
Percentile by assets
$105,288
Avg per participant
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Official DOL plan name: Lpl Financial LLC Profit Sharing 401(k) Plan · Sponsored by Lpl Financial LLC · South Carolina · Finance & Insurance

$754M in assets, 7,162 participants

Lpl Financial LLC's Lpl Financial LLC Profit Sharing 401(k) Plan reported $754M in total assets and 7,162 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)
  • #8,578 in Finance & Insurance (8,869 peers)

Coverage in South Carolina

Lpl Financial LLC Profit Sharing 401(k) Plan covers 7,162 participants in South Carolina, 19x the typical South Carolina plan (state average ~369 per filing). Assets: $754M.

$754M
total plan assets (2023 EOY)
7,162
covered participants
98th
percentile by assets (of 127,072 plans)
$105,288
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lpl Financial LLC Profit Sharing 401(k) Plan reported net income rose from -$57M in the plan year 2022 filing to $192M in the plan year 2023 filing.
  • Lpl Financial LLC Profit Sharing 401(k) Plan end-of-year assets rose from $563M in the plan year 2022 filing to $754M in the plan year 2023 filing.
  • Lpl Financial LLC Profit Sharing 401(k) Plan reported participants rose from 6,251 in the plan year 2022 filing to 7,162 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs South Carolina filers

In South Carolina, the average filing covers about 369 participants across 1,490 plans. Lpl Financial LLC Profit Sharing 401(k) Plan reports 7,162 participants - 19x that state average ($754M EOY assets).

South Carolina filing particulars

Total Assets (Beginning of Year)$563M
Net Assets (End of Year)$754M
Net Income$192M
Employer EIN952834236
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lpl Financial LLC)

$400M$600M$800M$1,000M 202220232024 $563M $940M ▲ +67.0%
Total plan assets by year, all Lpl Financial LLC plans on file
Year Plans Participants Total Assets
2022 1 6,251 $563M
2023 1 7,162 $754M
2024 1 8,648 $940M

Nearby 401(k) Plans in South Carolina

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

Lpl Financial LLC Profit Sharing 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Lpl Financial LLC Profit Sharing 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants Scatter plot of 6 data points. 6000800010000120001400016000 012345 Total assets ($B) Participants Lpl Financial LLC Pr…Michelin 401(k) Savi…The Savannah River N…Sonoco Retirement & …Sonoco Retirement & …Blue Cross Blue Shie…
Lpl Financial LLC Profit Sharing 401(k) Plan vs. nearby 401(k) plans in South Carolina, assets vs. participants

Scale composition for Lpl Financial LLC Profit Sharing 401(k) Plan

Lpl Financial LLC Profit Sharing 401(k) Plan reports $754M in end-of-year assets across 7,162 participants (0.006% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $105,288 per participant (76% of the national average assets-per-participant) . Net income for plan year 2023 was $192M.

This plan identity (EIN 952834236, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $563M to $940M (+67.0%) while covered participants moved from 6,251 to 8,648 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,251 $563M Open filing
2023 7,162 $754M This page
2024 · index core 8,648 $940M 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 Lpl Financial LLC Profit Sharing 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Lpl Financial LLC Profit Sharing 401(k) Plan assets move in 2023?
Lpl Financial LLC Profit Sharing 401(k) Plan surged - up 34.0% during 2023, from $563M to $754M. Reported net income was $192M.
How have Lpl Financial LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Lpl Financial LLC's sponsor-wide assets grew 67.0%, from $563M to $940M.
Where does Lpl Financial LLC Profit Sharing 401(k) Plan rank by assets among Form 5500 filers?
Lpl Financial LLC Profit Sharing 401(k) 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 Lpl Financial LLC Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Csaa Insurance Group 401(k) Plan in CA ($755M, 3,444 participants).

Next read for Lpl Financial LLC Profit Sharing 401(k) …

Filing takeaways

Ways to act on Lpl Financial LLC Profit Sharing 401(k) Plan's numbers.