401(k) · DOL Form 5500 · 2023
Lutron Electronics Co., Inc. 401(k) Plan
Data updated 2026-08-11
- $677M
- Total assets
- 2,221
- Participants
- 98th
- Percentile by assets
- $304,779
- Avg per participant
Official DOL plan name: Lutron Retirement Plan · Sponsored by Lutron Electronics Co., Inc. · Pennsylvania · Manufacturing
$677M in assets, 2,221 participants
Lutron Electronics Co., Inc.'s Lutron Retirement Plan reported $677M in total assets and 2,221 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)
- #18,102 in Manufacturing (18,722 peers)
Coverage in Pennsylvania
Lutron Retirement Plan covers 2,221 participants in Pennsylvania, 2.7x the typical Pennsylvania plan (state average ~822 per filing). Assets: $677M.
- $677M
- total plan assets (2023 EOY)
- 2,221
- covered participants
- 98th
- percentile by assets (of 127,072 plans)
- $304,779
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lutron Retirement Plan reported net income rose from -$100M in the plan year 2022 filing to $117M in the plan year 2023 filing.
- Lutron Retirement Plan end-of-year assets rose from $560M in the plan year 2022 filing to $677M in the plan year 2023 filing.
- Lutron Retirement Plan reported participants rose from 1,993 in the plan year 2022 filing to 2,221 in the plan year 2023 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Lutron Retirement Plan reports 2,221 participants - 2.7x that state average ($677M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $560M |
|---|---|
| Net Assets (End of Year) | $677M |
| Net Income | $117M |
| Employer EIN | 231599902 |
| Plan Effective Date | 1973-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lutron Electronics Co., Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,993 | $560M |
| 2023 | 1 | 2,221 | $677M |
| 2024 | 1 | 2,292 | $765M |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $17.4B · 93,136
- Cigna 401(k) Plan $13.0B · 66,760
- The Vanguard Retirement and Savings Plan $9.8B · 18,200
- The PNC Financial Services Group, Inc. Incentive Savings Plan $9.3B · 61,697
- The Bank of New York Mellon Corporation 401(k) Savings Plan $9.0B · 25,184
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lutron Retirement Plan by total assets, not by location.
- Cincinnati Bell Retirement Savings Plan (OH) $677M · 2,798
- Selective Insurance Retirement Savings Plan (NJ) $677M · 2,545
- Mintz Levin Cohn Ferris Glovsky and Popeo Savings and Retirement Plan (MA) $676M · 1,065
- Adm 401(k) and Employee Stock Ownership Plan for Hourly Employees (IL) $678M · 10,114
Frequently Asked Questions
How did Lutron Retirement Plan assets move in 2023? ▼
How have Lutron Electronics Co., Inc. plan assets changed over time? ▼
Where does Lutron Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Lutron Retirement Plan? ▼
Next read for Lutron Retirement Plan
Filing takeaways
Ways to act on Lutron Retirement Plan's numbers.
- By total assets, Lutron 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 Pennsylvania. Compare plans
- Lutron Electronics Co., Inc.'s sponsor-wide assets have grown 36.5% since 2022 across 3 plan years on file. More Manufacturing plans