Defined Benefit (Pension) · DOL Form 5500 · 2023

Lg&e and Ku Energy, LLC Pension Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
833
Participants Near avg headcount
99th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lg&e and Ku Pension Plan · Sponsored by Lg&e and Ku Energy, LLC · Kentucky · Utilities

$1.1B in assets, 833 participants

Lg&e and Ku Energy, LLC's Lg&e and Ku Pension Plan reported $1.1B in total assets and 833 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.

  • #648 in Utilities (721 peers)

Where Lg&e and Ku Pension Plan sits by assets

Lg&e and Ku Pension Plan sits among the largest 1% of all filed plans, $1.1B for 833 participants (~$1.3M/participant), down 0.2% in 2023.

#648
in Utilities (721 peers)
-0.2%
assets change YoY
11×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lg&e and Ku Pension Plan's outsized position by total assets

Lg&e and Ku Pension Plan vs every filed plan by assets

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

$1,112,165,749 Top 1% higher than 99% 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

Lg&e and Ku Pension Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lg&e and Ku Pension Plan sits mid-pack in the medium band (833 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lg&e and Ku Pension Plan reported net income rose from -$604M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Lg&e and Ku Pension Plan reported participants fell from 983 in the plan year 2022 filing to 833 in the plan year 2023 filing.
  • Lg&e and Ku Pension Plan end-of-year assets fell from $1.1B in the plan year 2022 filing to $1.1B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 200523163 · Lg&e and Ku Energy, LLC PY 2023 · Defined Benefit (Pension)

Lg&e and Ku Pension Plan · $1.1B · 833 · 99th

  • RANK $1.1B
  • PHOTO 833
  • IND 99th
  • EOY Defined Benefit (Pension)
  • 5500 near Operating Engineers Local No. 825 Pension Fund
  • ASSETS ind #648

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 Utilities retirement plans → · Plans in Kentucky →

Lg&e and Ku Pension Plan in the asset neighbourhood

Fmc Corporation Employees' Retirement ProgramFmc Corporation Employees' R…$1.1BAutomobile Mechanics' Local No. 701 Pension FundAutomobile Mechanics' Local …$1.1BLg&e and Ku Pension Plan$1.1BOperating Engineers Local No. 825 Pension FundOperating Engineers Local No…$1.1BEmployees' Retirement Plan of Consolidated Electrical Distributors, Inc.Employees' Retirement Plan o…$1.1B
End-of-year total assets ($B) among Lg&e and Ku Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.1B
Net Income-$2M
Employer EIN200523163
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lg&e and Ku Energy, LLC)

Sponsor-wide plan assets over time

All Lg&e and Ku Energy, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2.0B 3.663468503894085% vs 2022
2024 filing year
$1.95B$2B$2.05B 202220232024 $1.97B $2.04B ▲ +3.6%
Year Plans Participants Total Assets
2022 2 4,372 $2.0B
2023 2 3,951 $2.0B
2024 2 3,867 $2.0B

Nearby Defined Benefit (Pension) Plans in Kentucky

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Lg&e and Ku Pension Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 0.20.40.60.811.2 Total assets ($B) Participants Lg&e and Ku Pension Plan, Total assets ($B): 1.112165749 · Participants: 833Lg&e and Ku Pension PlanAshland Hercules Pension Plan, Total assets ($B): 0.984309 · Participants: 70Ashland Hercules Pension PlanYum Brands Retirement Plan, Total assets ($B): 0.734224 · Participants: 3834Yum Brands Retirement PlanBrown-Forman Corporation Salaried Employees Retirement Plan, Total assets ($B): 0.499207588 · Participants: 1160Brown-Forman Corporation Salaried Employees Retirement PlanAshland Hercules Pension Plan II, Total assets ($B): 0.468812 · Participants: 57Ashland Hercules Pension Plan IILexmark Retirement Growth Account Plan, Total assets ($B): 0.354263733 · Participants: 653Lexmark Retirement Growth Account Plan
Lg&e and Ku Pension Plan vs. nearby Defined Benefit (Pension) plans in Kentucky, assets vs. participants
Compare Lg&e and Ku Pension Plan side-by-side with 3 peers →

Lg&e and Ku Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Kentucky, the nearest Defined Benefit (Pension) by assets is Operating Engineers Local No. 825 Pension Fund in NJ ($1.1B); by covered participants it is Hill-Rom, Inc. Pension Plan in IN (833 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (833 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 Lg&e and Ku Pension Plan assets move in 2023? ▼
Lg&e and Ku Pension Plan held essentially flat - down 0.2% during 2023, from $1.1B to $1.1B. Reported net income was -$2M.
How have Lg&e and Ku Energy, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lg&e and Ku Energy, LLC's sponsor-wide assets grew 3.7%, from $2.0B to $2.0B.
Where does Lg&e and Ku Pension Plan rank by assets among Form 5500 filers? ▼
Lg&e and Ku Pension Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Lg&e and Ku Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Operating Engineers Local No. 825 Pension Fund in NJ ($1.1B, 5,237 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lg&e and Ku Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Hill-Rom, Inc. Pension Plan in IN (833 participants, $242M 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 200523163.

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.