401(k) · DOL Form 5500 · 2023

Schlage Lock Company LLC 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
554
Participants Below avg headcount
66th
Percentile by assets National rank
$25,204
Avg per participant Low balance/head
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Official DOL plan name: Schlage Lock Company LLC Employee Savings Plan for Bargained Employees · Sponsored by Schlage Lock Company LLC · Indiana · Manufacturing

$14M in assets, 554 participants

Schlage Lock Company LLC's Schlage Lock Company LLC Employee Savings Plan for Bargained Employees reported $14M in total assets and 554 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #10,065 in Manufacturing (18,722 peers)

Schlage Lock Company LLC multi-year trail

Schlage Lock Company LLC's plans moved +29.5% in assets from 2022 to 2024; this filing shows Schlage Lock Company LLC Employee Savings Plan for Bargained Employees at $14M / 554 participants.

#10,065
in Manufacturing (18,722 peers)
+9.9%
assets growth YoY

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees's mid-pack asset rank among Manufacturing and all filers

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees vs every filed plan by assets

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

$13,962,971 Top 34% higher than 66% 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

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees 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. Schlage Lock Company LLC Employee Savings Plan for Bargained Employees sits mid-pack in the medium band (554 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Schlage Lock Company LLC Employee Savings Plan for Bargained Employees reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Schlage Lock Company LLC Employee Savings Plan for Bargained Employees end-of-year assets rose from $13M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Schlage Lock Company LLC Employee Savings Plan for Bargained Employees reported participants fell from 572 in the plan year 2022 filing to 554 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 542139412 · Schlage Lock Company LLC PY 2023 · 401(k)

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees · $14M · 554 · 66th

  • PCT $14M
  • PCT 554
  • PCT 66th
  • PCT 401(k)
  • PCT near Dialysis Associates, P.a. 401(k) Profit Sharing Plan and Trust
  • PCT ind #10065

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 →

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees in the asset neighbourhood

Schlage Lock Company LLC Employee Savings Plan for Bargained EmployeesSchlage Lock Company LLC Emp…$14MDialysis Associates, P.a. 401(k) Profit Sharing Plan and TrustDialysis Associates, P.a. 40…$14MResolute Industrial, LLC 401(k) PlanResolute Industrial, LLC 401…$14MWitherite Law Group, PLLC 401(k) PlanWitherite Law Group, PLLC 40…$14MBryan Construction, Inc. 401(k) Profit Sharing PlanBryan Construction, Inc. 401…$14M
End-of-year total assets ($M) among Schlage Lock Company LLC Employee Savings Plan for Bargained Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Schlage Lock Company LLC multi-year asset trail

Sponsor-wide plan assets over time

All Schlage Lock Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 29.495325276916656% vs 2022
2024 filing year
$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.94B $1.22B ▲ +29.8%
Year Plans Participants Total Assets
2022 3 5,485 $941M
2023 3 6,988 $1.1B
2024 3 6,992 $1.2B

Schlage Lock Company LLC filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$14M
Net Income$1M
Employer EIN542139412
Plan Effective Date2013-12-02
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Schlage Lock Company LLC Employee Savings Plan for Bargained Employees, Total assets ($B): 0.013962971 · Participants: 554Schlage Lock Company LLC Employee Savings Plan for Bargained EmployeesThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Schlage Lock Company LLC Employee Savings Plan for Bargained Employees vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schlage Lock Company LLC Employee Savings Plan for Bargained Employees side-by-side with 3 peers →

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Dialysis Associates, P.a. 401(k) Profit Sharing Plan and Trust in TX ($14M); by covered participants it is Morning Star Company 401(k) Profit Sharing Plan in CA (554 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (554 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 Schlage Lock Company LLC Employee Savings Plan for Bargained Employees assets move in 2023? ▼
Schlage Lock Company LLC Employee Savings Plan for Bargained Employees grew at a solid clip - up 9.9% during 2023, from $13M to $14M. Reported net income was $1M.
How have Schlage Lock Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schlage Lock Company LLC's sponsor-wide assets grew 29.5%, from $941M to $1.2B.
Which 401(k) plans are similar in size to Schlage Lock Company LLC Employee Savings Plan for Bargained Employees? ▼
Among 401(k) plans in other states, the closest by assets is Dialysis Associates, P.a. 401(k) Profit Sharing Plan and Trust in TX ($14M, 33 participants).
Which 401(k) plans cover a similar participant headcount to Schlage Lock Company LLC Employee Savings Plan for Bargained Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Morning Star Company 401(k) Profit Sharing Plan in CA (554 participants, $76M 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 542139412.

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.