401(k) · DOL Form 5500 · 2023
Lenovo (United States) Inc. 401(k) Plan
Data updated 2026-08-06
- $2.3B
- Total assets
- 4,748
- Participants
- 99th
- Percentile by assets
- $493,892
- Avg per participant
Official DOL plan name: Lenovo Savings Plan · Sponsored by Lenovo (United States) Inc. · North Carolina · Manufacturing
$2.3B in assets, 4,748 participants
Lenovo (United States) Inc.'s Lenovo Savings Plan reported $2.3B in total assets and 4,748 participants in its 2023 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 126,618 plans)
- #18,466 in Manufacturing (18,672 peers)
Coverage in North Carolina
Lenovo Savings Plan covers 4,748 participants in North Carolina, 5.6x the typical North Carolina plan (state average ~846 per filing). Assets: $2.3B.
- $2.3B
- total plan assets (2023 EOY)
- 4,748
- covered participants
- 99th
- percentile by assets (of 126,618 plans)
- $493,892
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lenovo Savings Plan reported net income rose from -$401M in the plan year 2022 filing to $319M in the plan year 2023 filing.
- Lenovo Savings Plan end-of-year assets rose from $2.0B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
- Lenovo Savings Plan reported participants rose from 4,310 in the plan year 2022 filing to 4,748 in the plan year 2023 filing.
Participants vs North Carolina filers
In North Carolina, the average filing covers about 846 participants across 3,325 plans. Lenovo Savings Plan reports 4,748 participants - 5.6x that state average ($2.3B EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $2.0B |
|---|---|
| Net Assets (End of Year) | $2.3B |
| Net Income | $319M |
| Employer EIN | 522449153 |
| Plan Effective Date | 2005-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lenovo (United States) Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 4,337 | $2.1B |
| 2023 | 2 | 4,772 | $2.4B |
| 2024 | 2 | 4,728 | $2.7B |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Lenovo Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $54.8B · 173,899
- Honeywell 401(k) Plan $15.4B · 40,004
- Duke Energy Retirement Savings Plan $10.4B · 28,121
- Truist Financial Corporation 401(k) Savings Plan $10.1B · 55,480
- Nucor Corporation Profit Sharing and Retirement Savings Plan $8.5B · 24,174
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lenovo Savings Plan by total assets, not by location.
- Building Service 32bj Supplemental Retirement Savings Plan (NY) $2.3B · 84,216
- Voya 401(k) Savings Plan (GA) $2.3B · 6,075
- Gapshare 401(k) Plan (CA) $2.4B · 35,847
- Daimler Truck North America, L.L.C. Employee Retirement Savings Plan (OR) $2.4B · 8,353
Frequently Asked Questions
How did Lenovo Savings Plan assets move in 2023? ▼
How have Lenovo (United States) Inc. plan assets changed over time? ▼
Where does Lenovo Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Lenovo Savings Plan? ▼
Next read for Lenovo Savings Plan
Filing takeaways
Ways to act on Lenovo Savings Plan's numbers.
- By total assets, Lenovo Savings Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Lenovo (United States) Inc.'s sponsor-wide assets have grown 27.7% since 2022 across 3 plan years on file. More Manufacturing plans