401(k) · DOL Form 5500 · 2023
Eli Lilly and Company 401(k) Plan
Data updated 2026-08-25
- $11.1B
- Total assets Mega-plan scale
- 17,583
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $633,181
- Avg per participant High balance/head
Official DOL plan name: The Lilly Employee 401(k) Plan · Sponsored by Eli Lilly and Company · Indiana · Manufacturing
$11.1B in assets, 17,583 participants
Eli Lilly and Company's The Lilly Employee 401(k) Plan reported $11.1B in total assets and 17,583 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- #18,676 in Manufacturing (18,722 peers)
Coverage in Indiana
The Lilly Employee 401(k) Plan covers 17,583 participants in Indiana, 32x the typical Indiana plan (state average ~541 per filing). Assets: $11.1B.
- #18,676
- in Manufacturing (18,722 peers)
- +25.4%
- assets growth YoY
- 112×
- vs typical plan assets (national mean)
The Lilly Employee 401(k) Plan's outsized position by total assets
The Lilly Employee 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$11,133,214,731 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Lilly Employee 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Lilly Employee 401(k) Plan is a mega filing (17,583 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Lilly Employee 401(k) Plan reported net income rose from -$872M in the plan year 2022 filing to $2.2B in the plan year 2023 filing.
- The Lilly Employee 401(k) Plan end-of-year assets rose from $8.9B in the plan year 2022 filing to $11.1B in the plan year 2023 filing.
- The Lilly Employee 401(k) Plan reported participants rose from 15,607 in the plan year 2022 filing to 17,583 in the plan year 2023 filing.
Plan-year Form 5500 strip
Filing strip 350470950 · Eli Lilly and Company PY 2023 · 401(k)
The Lilly Employee 401(k) Plan · $11.1B · 17,583 · 100th
- ASSETS $11.1B
- PCT 17,583
- EIN 100th
- RANK 401(k)
- PHOTO near Disney Savings and Investment Plan
- IND ind #18676
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 Indiana →
The Lilly Employee 401(k) Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $8.9B |
|---|---|
| Net Assets (End of Year) | $11.1B |
| Net Income | $2.2B |
| Employer EIN | 350470950 |
| Plan Effective Date | 1956-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Eli Lilly and Company)
Sponsor-wide plan assets over time
All Eli Lilly and Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $24.8B 23.589524024807382% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 32,485 | $20.1B |
| 2023 | 2 | 36,694 | $22.8B |
| 2024 | 2 | 39,874 | $24.8B |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Elevance Health 401(k) Plan $11.0B · 76,590
- Cummins Retirement and Savings Plan $5.7B · 28,381
- Iu Health 401(k) Savings Plan $3.9B · 38,575
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015
- Nisource Inc Retirement Savings Plan $1.7B · 7,525
Scale composition for The Lilly Employee 401(k) Plan
The Lilly Employee 401(k) Plan reports $11.1B in end-of-year assets across 17,583 participants (0.090% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.019% of 93,925,755 covered participants) - about $633,181 per participant (4.6x the national average assets-per-participant) . Net income for plan year 2023 was $2.2B.
This plan identity (EIN 350470950, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.9B to $13.1B (+47.1%) while covered participants moved from 15,607 to 19,977 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 15,607 | $8.9B | Open filing |
| 2023 | 17,583 | $11.1B | This page |
| 2024 · index core | 19,977 | $13.1B | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- The Lilly Employee 401(k) Plan (401(k), $13.1B, 19,977 participants)
- The Lilly Retirement Plan (Defined Benefit (Pension), $11.8B, 19,897 participants)
The Lilly Employee 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Disney Savings and Investment Plan in CA ($11.1B); by covered participants it is Nextep 401(k) Retirement Savings Plan in OK (17,588 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11.1B here).
- Disney Savings and Investment Plan (CA) $11.1B · 51,477
- General Dynamics Corporation 401(k) Plan 6.0 (VA) $11.2B · 48,860
- John Deere Savings and Investment Plan (IL) $11.0B · 19,031
- Savings Plan for Employees and Partners of Pwc (FL) $11.3B · 50,817
Similar participant headcount
Nearest other-state filings by covered participants (17,583 participants); asset peers above are excluded.
- Nextep 401(k) Retirement Savings Plan (OK) 17,588 · 5 off
- Peraton Corp. Retirement Savings Plan (VA) 17,590 · 7 off
- Amerisourcebergen Employee Investment Plan (PA) 17,562 · 21 off
- Ufcw Local 152 Savings Plan (NJ) 17,604 · 21 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.