401(k) · DOL Form 5500 · 2023

Ls Power Development, LLC 401(k) Plan

Data updated 2026-08-11

$111M
Total assets: 346
Participants: 92nd
Percentile by assets: $321,574
Avg per participant

Official DOL plan name: Ls Power Development, LLC 401(k) and Profit Sharing Plan · Sponsored by Ls Power Development, LLC · New Jersey · Utilities

$111M in assets, 346 participants

Ls Power Development, LLC's Ls Power Development, LLC 401(k) and Profit Sharing Plan reported $111M in total assets and 346 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

92nd percentile by assets (of 127,072 plans)
#462 in Utilities (721 peers)

Coverage in New Jersey

Ls Power Development, LLC 401(k) and Profit Sharing Plan covers 346 participants in New Jersey, about 41% of the average New Jersey filer (state average ~844 per filing). Assets: $111M.

$111M
total plan assets (2023 EOY): 346
covered participants: 92nd
percentile by assets (of 127,072 plans): $321,574
avg assets per participant

Where Ls Power Development, LLC 401(k) and Profit Sharing Plan sits by total assets

Ls Power Development, LLC 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$111,264,681 Top 8% higher than 92% 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

Ls Power Development, LLC 401(k) and Profit Sharing Plan reported net income rose from -$11M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Ls Power Development, LLC 401(k) and Profit Sharing Plan end-of-year assets rose from $85M in the plan year 2022 filing to $111M in the plan year 2023 filing.
Ls Power Development, LLC 401(k) and Profit Sharing Plan reported participants rose from 309 in the plan year 2022 filing to 346 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New Jersey

Industry

Utilities

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Ls Power Development, LLC 401(k) and Profit Sharing Plan reports 346 participants - about 41% of that state average ($111M EOY assets).

New Jersey filing particulars

Total Assets (Beginning of Year)	$85M
Net Assets (End of Year)	$111M
Net Income	$26M
Employer EIN	223779323
Plan Effective Date	1996-02-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Ls Power Development, LLC)

Total plan assets by year, all Ls Power Development, LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	309	$85M
2023	1	346	$111M
2024	1	398	$139M

Nearby 401(k) Plans in New Jersey

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

Ls Power Development, LLC 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

JPMorgan Chase 401(k) Savings Plan $44.6B · 176,610
Verizon Savings Plan for Management Employees $27.8B · 78,072
Johnson and Johnson Savings Plan $22.2B · 41,291
Ernst & Young Retirement Savings Plan $15.5B · 59,346
Merck US Savings Plan $13.4B · 26,850

Compare Ls Power Development, LLC 401(k) and Pro… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ls Power Development, LLC 401(k) and Profit Sharing Plan by total assets, not by location.

Savings Plan for Employees of Intermountain Power Service Corporation (UT) $111M · 324
Solidigm 401(k) Plan (CA) $111M · 1,517
South Point Hotel and Casino 401(k) Plan (NV) $111M · 2,832
The Wrench Group Retirement Plan (GA) $111M · 6,243

Frequently Asked Questions

How did Ls Power Development, LLC 401(k) and Profit Sharing Plan assets move in 2023? ▼

Ls Power Development, LLC 401(k) and Profit Sharing Plan surged - up 30.6% during 2023, from $85M to $111M. Reported net income was $26M.

How have Ls Power Development, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Ls Power Development, LLC's sponsor-wide assets grew 63.1%, from $85M to $139M.

Where does Ls Power Development, LLC 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Ls Power Development, LLC 401(k) and Profit Sharing Plan ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Ls Power Development, LLC 401(k) and Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Savings Plan for Employees of Intermountain Power Service Corporation in UT ($111M, 324 participants).

Next read for Ls Power Development, LLC 401(k) and Pro…

Filing takeaways

Ways to act on Ls Power Development, LLC 401(k) and Profit Sharing Plan's numbers.

By total assets, Ls Power Development, LLC 401(k) and Profit Sharing Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
Ls Power Development, LLC's sponsor-wide assets have grown 63.1% since 2022 across 3 plan years on file. More Utilities plans

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 223779323.