THE LAMAR SAVINGS AND PROFIT SHARING PLAN
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
LAMAR MEDIA CORP.
This 401(k) plan holds $461M in total assets and serves 3,386 participants as of 2023. It is sponsored by LAMAR MEDIA CORP. in Louisiana. The plan reported positive net income of $71M for the year.
What the Filing Says About THE LAMAR SAVINGS AND PROFIT SHARING PLAN
THE LAMAR SAVINGS AND PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by LAMAR MEDIA CORP., headquartered in Louisiana. As of the 2023 Form 5500 filing, the plan reports $461M in total end-of-year assets and covers 3,386 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 721205791, and the plan has been effective since 1988-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $390M at the beginning of 2023 to $461M at year-end — a gain of 18.2%. Net assets (after liabilities) closed the year at $461M, with reported net income of $71M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $390M |
| Total Assets (End of Year) | $461M |
| Net Assets (End of Year) | $461M |
| Net Income | $71M |
| Plan Type | 401(k) |
| Employer EIN | 721205791 |
| Plan Effective Date | 1988-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (LAMAR MEDIA CORP.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,212 | $390M |
| 2023 | 1 | 3,386 | $461M |
| 2024 | 1 | 3,445 | $517M |
Nearby 401(k) Plans in Louisiana
Peer 401(k) plans — same state, same plan type — ranked by total assets.
- LUMEN 401(K) SAVINGS PLAN $7.1B · 24,522
- SAVINGS PLAN OF ENTERGY CORPORATION AND SUBSIDIARIES $3.8B · 10,136
- OCHSNER CLINIC FOUNDATION 401(K) PLAN $2.3B · 31,221
- LOUISIANA CHILDREN'S MEDICAL CENTER RETIREMENT AND SAVINGS PLAN $867M · 12,934
- AMEDISYS HOLDING, LLC 401(K) PLAN $849M · 20,100
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 721205791.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.