401(k) · DOL Form 5500 · 2023

Ll Bean Inc 401(k) Plan

Data updated 2026-08-25

$721M
Total assets Above avg plan size
7,173
Participants Above avg headcount
98th
Percentile by assets National rank
$100,558
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: L.L. Bean 401(k) Retirement Savings Plan · Sponsored by Ll Bean Inc · Maine · Retail Trade

$721M in assets, 7,173 participants

Ll Bean Inc's L.L. Bean 401(k) Retirement Savings Plan reported $721M in total assets and 7,173 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.

  • #8,308 in Retail Trade (8,414 peers)

Coverage in Maine

L.L. Bean 401(k) Retirement Savings Plan covers 7,173 participants in Maine, 15x the typical Maine plan (state average ~472 per filing). Assets: $721M.

#8,308
in Retail Trade (8,414 peers)
+16.9%
assets growth YoY
7.2×
vs typical plan assets (national mean)

L.L. Bean 401(k) Retirement Savings Plan's outsized position by total assets

L.L. Bean 401(k) Retirement Savings Plan vs every filed plan by assets

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

$721,305,706 Top 2% higher than 98% 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 401(k) Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. L.L. Bean 401(k) Retirement Savings Plan lands in the large band (7,173 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • L.L. Bean 401(k) Retirement Savings Plan reported net income rose from -$112M in the plan year 2022 filing to $104M in the plan year 2023 filing.
  • L.L. Bean 401(k) Retirement Savings Plan end-of-year assets rose from $617M in the plan year 2022 filing to $721M in the plan year 2023 filing.
  • L.L. Bean 401(k) Retirement Savings Plan reported participants rose from 7,122 in the plan year 2022 filing to 7,173 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 010026590 · Ll Bean Inc PY 2023 · 401(k)

L.L. Bean 401(k) Retirement Savings Plan · $721M · 7,173 · 98th

  • PCT $721M
  • EIN 7,173
  • RANK 98th
  • PHOTO 401(k)
  • IND near Fair Isaac 401(k) Plan
  • EOY ind #8308

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 401(k) Retirement Savings Plan in the asset neighbourhood

Brightspring Health Services Retirement Savings PlanBrightspring Health Services…$722MRich's 401(k) Plan$722MTerumo Employee Savings and Investment PlanTerumo Employee Savings and …$722MFair Isaac 401(k) Plan$721ML.L. Bean 401(k) Retirement Savings PlanL.L. Bean 401(k) Retirement …$721M
End-of-year total assets ($M) among L.L. Bean 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$617M
Net Assets (End of Year)$721M
Net Income$104M
Employer EIN010026590
Plan Effective Date1970-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ll Bean Inc)

Sponsor-wide plan assets over time

All Ll 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

Nearby 401(k) Plans in Maine

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

L.L. Bean 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 0123456 Total assets ($B) Participants L.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings PlanTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanThe Cianbro Team Equity Plan, Total assets ($B): 0.719052065 · Participants: 2658The Cianbro Team Equity Plan
L.L. Bean 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Scale composition for L.L. Bean 401(k) Retirement Savings Plan

L.L. Bean 401(k) Retirement Savings Plan reports $721M in end-of-year assets across 7,173 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 $100,558 per participant (73% of the national average assets-per-participant) . Net income for plan year 2023 was $104M.

This plan identity (EIN 010026590, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $617M to $803M (+30.2%) while covered participants moved from 7,122 to 7,315 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 7,122 $617M Open filing
2023 7,173 $721M This page
2024 · index core 7,315 $803M Open filing

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

L.L. Bean 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Fair Isaac 401(k) Plan in CA ($721M); by covered participants it is Sonic Healthcare USA Savings Plan in TX (7,170 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($721M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,173 participants); asset peers above are excluded.

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 401(k) Retirement Savings Plan assets move in 2023?
L.L. Bean 401(k) Retirement Savings Plan grew sharply - up 16.9% during 2023, from $617M to $721M. Reported net income was $104M.
How have Ll Bean Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Ll Bean Inc's sponsor-wide assets declined 2.6%, from $825M to $803M.
Where does L.L. Bean 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
L.L. Bean 401(k) Retirement Savings 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 L.L. Bean 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fair Isaac 401(k) Plan in CA ($721M, 1,301 participants).
Which 401(k) plans cover a similar participant headcount to L.L. Bean 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Sonic Healthcare USA Savings Plan in TX (7,170 participants, $521M in assets).