401(k) · DOL Form 5500 · 2023

Lutron Electronics Co., Inc. 401(k) Plan

Data updated 2026-08-25

$677M
Total assets Above avg plan size
2,221
Participants Above avg headcount
98th
Percentile by assets National rank
$304,779
Avg per participant High balance/head
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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.

  • #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.

#18,102
in Manufacturing (18,722 peers)
+20.8%
assets growth YoY
6.8×
vs typical plan assets (national mean)

Lutron Retirement Plan's outsized position by total assets

Lutron Retirement Plan vs every filed plan by assets

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

$676,913,150 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

Lutron Retirement 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. Lutron Retirement Plan lands in the large band (2,221 participants).

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.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 231599902 · Lutron Electronics Co., Inc. PY 2023 · 401(k)

Lutron Retirement Plan · $677M · 2,221 · 98th

  • BOY $677M
  • BOY 2,221
  • BOY 98th
  • BOY 401(k)
  • BOY near Cincinnati Bell Retirement Savings Plan
  • BOY ind #18102

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Lutron Retirement Plan in the asset neighbourhood

Adm 401(k) and Employee Stock Ownership Plan for Hourly EmployeesAdm 401(k) and Employee Stoc…$678MCincinnati Bell Retirement Savings PlanCincinnati Bell Retirement S…$677MLutron Retirement Plan$677MSelective Insurance Retirement Savings PlanSelective Insurance Retireme…$677MMintz Levin Cohn Ferris Glovsky and Popeo Savings and Retirement PlanMintz Levin Cohn Ferris Glov…$676M
End-of-year total assets ($M) among Lutron Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$560M
Net Assets (End of Year)$677M
Net Income$117M
Employer EIN231599902
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lutron Electronics Co., Inc.)

Sponsor-wide plan assets over time

All Lutron Electronics Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$765M 36.4595791422732% vs 2022
2024 filing year
$500M$600M$700M$800M 202220232024 $560M $765M ▲ +36.5%
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 Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Lutron Retirement Plan, Total assets ($B): 0.67691315 · Participants: 2221Lutron Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Lutron Retirement Plan side-by-side with 3 peers →

Lutron Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Cincinnati Bell Retirement Savings Plan in OH ($677M); by covered participants it is Alta Resources Corp 401(k) Savings & Retirement Plan in WI (2,221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,221 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 Lutron Retirement Plan assets move in 2023? ▼
Lutron Retirement Plan grew sharply - up 20.8% during 2023, from $560M to $677M. Reported net income was $117M.
How have Lutron Electronics Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lutron Electronics Co., Inc.'s sponsor-wide assets grew 36.5%, from $560M to $765M.
Where does Lutron Retirement Plan rank by assets among Form 5500 filers? ▼
Lutron Retirement 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 Lutron Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cincinnati Bell Retirement Savings Plan in OH ($677M, 2,798 participants).
Which 401(k) plans cover a similar participant headcount to Lutron Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alta Resources Corp 401(k) Savings & Retirement Plan in WI (2,221 participants, $62M in assets).

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 231599902.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.