401(k) · DOL Form 5500 · 2023

Lg Electronics USA, Inc. 401(k) Plan

Data updated 2026-08-11

$384M
Total assets
2,987
Participants
97th
Percentile by assets
$128,410
Avg per participant
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Official DOL plan name: Lg Electronics Retirement Plan · Sponsored by Lg Electronics USA, Inc. · New Jersey · Manufacturing

$384M in assets, 2,987 participants

Lg Electronics USA, Inc.'s Lg Electronics Retirement Plan reported $384M in total assets and 2,987 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,765 in Manufacturing (18,722 peers)

Coverage in New Jersey

Lg Electronics Retirement Plan covers 2,987 participants in New Jersey, 3.5x the typical New Jersey plan (state average ~844 per filing). Assets: $384M.

$384M
total plan assets (2023 EOY)
2,987
covered participants
97th
percentile by assets (of 127,072 plans)
$128,410
avg assets per participant

Where Lg Electronics Retirement Plan sits by total assets

Lg Electronics Retirement Plan vs every filed plan by assets

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

$383,562,077 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lg Electronics Retirement Plan reported net income rose from -$55M in the plan year 2022 filing to $53M in the plan year 2023 filing.
  • Lg Electronics Retirement Plan end-of-year assets rose from $331M in the plan year 2022 filing to $384M in the plan year 2023 filing.
  • Lg Electronics Retirement Plan reported participants fell from 3,128 in the plan year 2022 filing to 2,987 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
New Jersey
Industry
Manufacturing

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Lg Electronics Retirement Plan reports 2,987 participants - 3.5x that state average ($384M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)$331M
Net Assets (End of Year)$383M
Net Income$53M
Employer EIN132950311
Plan Effective Date1950-04-28
Filing StatusFILING RECEIVED

Sponsor Plan History (Lg Electronics USA, Inc.)

$300M$350M$400M$450M$500M 202220232024 $331M $450M ▲ +36.2%
Total plan assets by year, all Lg Electronics USA, Inc. plans on file
Year Plans Participants Total Assets
2022 1 3,128 $331M
2023 1 2,987 $384M
2024 1 3,020 $450M

Nearby 401(k) Plans in New Jersey

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

Lg Electronics Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Lg Electronics Retir…, Total assets ($B): 0.383562077 · Participants: 2987Lg Electronics Retir…JPMorgan Chase 401(k…, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k…Verizon Savings Plan…, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan…Johnson and Johnson …, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson …Ernst & Young Retire…, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retire…Merck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Lg Electronics Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Lg Electronics Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lg Electronics Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Lg Electronics Retirement Plan assets move in 2023? ▼
Lg Electronics Retirement Plan grew sharply - up 16.0% during 2023, from $331M to $384M. Reported net income was $53M.
How have Lg Electronics USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lg Electronics USA, Inc.'s sponsor-wide assets grew 36.2%, from $331M to $450M.
Where does Lg Electronics Retirement Plan rank by assets among Form 5500 filers? ▼
Lg Electronics Retirement Plan ranks in the 97th 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 Lg Electronics Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bechtel Nr Program Savings Plan in PA ($383M, 1,082 participants).

Next read for Lg Electronics Retirement Plan

Filing takeaways

Ways to act on Lg Electronics Retirement Plan's numbers.

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 132950311.

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.