Defined Benefit (Pension) · DOL Form 5500 · 2023

Lsi Corporation Pension Plan

Data updated 2026-08-25

$995M
Total assets Above avg plan size
136
Participants Small participant base
99th
Percentile by assets National rank
$7.3M
Avg per participant High balance/head
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Official DOL plan name: Agere Systems Pension Plan · Sponsored by Lsi Corporation · Pennsylvania · Manufacturing

$995M in assets, 136 participants

Lsi Corporation's Agere Systems Pension Plan reported $995M in total assets and 136 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.

  • #18,266 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Agere Systems Pension Plan covers 136 participants in Pennsylvania, about 17% of the average Pennsylvania filer (state average ~822 per filing). Assets: $995M.

#18,266
in Manufacturing (18,722 peers)
-1.9%
assets change YoY
10.0×
vs typical plan assets (national mean)

The plan reported a net loss of $19M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Agere Systems Pension Plan's outsized position by total assets

Agere Systems Pension Plan vs every filed plan by assets

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

$995,357,959 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

Agere Systems 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. Agere Systems Pension Plan sits mid-pack in the medium band (136 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Agere Systems Pension Plan reported net income rose from -$322M in the plan year 2022 filing to -$19M in the plan year 2023 filing.
  • Agere Systems Pension Plan reported participants fell from 153 in the plan year 2022 filing to 136 in the plan year 2023 filing.
  • Agere Systems Pension Plan end-of-year assets fell from $1.0B in the plan year 2022 filing to $995M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 942712976 · Lsi Corporation PY 2023 · Defined Benefit (Pension)

Agere Systems Pension Plan · $995M · 136 · 99th

  • EOY $995M
  • 5500 136
  • ASSETS 99th
  • PCT Defined Benefit (Pension)
  • EIN near Shands Healthcare Pension Plan II
  • RANK ind #18266

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 Pennsylvania →

Agere Systems Pension Plan in the asset neighbourhood

National Fuel Gas Company Retirement PlanNational Fuel Gas Company Re…$999MShands Healthcare Pension Plan IIShands Healthcare Pension Pl…$999MAgere Systems Pension Plan$995MPension Plan for Pactiv EvergreenPension Plan for Pactiv Ever…$989MUfcw Local One Pension Fund$988M
End-of-year total assets ($M) among Agere Systems Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$995M
Net Income-$19M
Employer EIN942712976
Plan Effective Date2002-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lsi Corporation)

Sponsor-wide plan assets over time

All Lsi Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$922M 9.061033693947577% vs 2022
2024 filing year
$0.9B$0.95B$1B$1.05B 202220232024 $1.01B $0.92B ▼ -8.9%
Year Plans Participants Total Assets
2022 1 153 $1.0B
2023 1 136 $995M
2024 1 128 $922M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Agere Systems Pension Plan, Total assets ($B): 0.995357959 · Participants: 136Agere Systems Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Agere Systems Pension Plan side-by-side with 3 peers →

Agere Systems Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Shands Healthcare Pension Plan II in FL ($999M); by covered participants it is Laborers District Council of Virginia Pension Trust Fund in VA (136 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($995M here).

Similar participant headcount

Nearest other-state filings by covered participants (136 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 Agere Systems Pension Plan assets move in 2023? ▼
Agere Systems Pension Plan edged down modestly - down 1.9% during 2023, from $1.0B to $995M. Reported net income was -$19M.
How have Lsi Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lsi Corporation's sponsor-wide assets declined 9.1%, from $1.0B to $922M.
Where does Agere Systems Pension Plan rank by assets among Form 5500 filers? ▼
Agere Systems 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 Agere Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Shands Healthcare Pension Plan II in FL ($999M, 2,422 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Agere Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Laborers District Council of Virginia Pension Trust Fund in VA (136 participants, $24M 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 942712976.

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.