401(k) · DOL Form 5500 · 2023

Ul LLC 401(k) Plan

Data updated 2026-08-11

$1.7B
Total assets
5,670
Participants
99th
Percentile by assets
$301,699
Avg per participant
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Official DOL plan name: Ul Financial Security Plan · Sponsored by Ul LLC · Illinois · Professional & Technical Services

$1.7B in assets, 5,670 participants

Ul LLC's Ul Financial Security Plan reported $1.7B in total assets and 5,670 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.

  • 99th percentile by assets (of 127,072 plans)
  • #20,219 in Professional & Technical Services (20,321 peers)

Coverage in Illinois

Ul Financial Security Plan covers 5,670 participants in Illinois, 7.3x the typical Illinois plan (state average ~779 per filing). Assets: $1.7B.

$1.7B
total plan assets (2023 EOY)
5,670
covered participants
99th
percentile by assets (of 127,072 plans)
$301,699
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ul Financial Security Plan reported net income rose from -$375M in the plan year 2022 filing to $262M in the plan year 2023 filing.
  • Ul Financial Security Plan end-of-year assets rose from $1.4B in the plan year 2022 filing to $1.7B in the plan year 2023 filing.
  • Ul Financial Security Plan reported participants rose from 5,582 in the plan year 2022 filing to 5,670 in the plan year 2023 filing.

See the national 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Ul Financial Security Plan reports 5,670 participants - 7.3x that state average ($1.7B EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.7B
Net Income$262M
Employer EIN943282454
Plan Effective Date1972-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Ul LLC)

$1.6B$1.8B$2B$2.2B$2.4B 202220232024 $1.66B $2.22B ▲ +33.7%
Total plan assets by year, all Ul LLC plans on file
Year Plans Participants Total Assets
2022 2 6,496 $1.7B
2023 2 6,453 $1.9B
2024 2 6,123 $2.2B

Nearby 401(k) Plans in Illinois

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

Ul Financial Security Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Ul Financial Security Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 05101520 Total assets ($B) Participants Ul Financial Securit…Accenture United Sta…State Farm 401(k) Sa…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Ul Financial Security Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Ul Financial Security Plan

Ul Financial Security Plan reports $1.7B in end-of-year assets across 5,670 participants (0.014% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $301,699 per participant (2.2x the national average assets-per-participant) . Net income for plan year 2023 was $262M.

This plan identity (EIN 943282454, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.4B to $2.0B (+35.3%) while covered participants moved from 5,582 to 5,384 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 5,582 $1.4B Open filing
2023 5,670 $1.7B This page
2024 · index core 5,384 $2.0B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ul Financial Security Plan by total assets, not by location.

Frequently Asked Questions

How did Ul Financial Security Plan assets move in 2023?
Ul Financial Security Plan grew sharply - up 18.1% during 2023, from $1.4B to $1.7B. Reported net income was $262M.
How have Ul LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Ul LLC's sponsor-wide assets grew 33.9%, from $1.7B to $2.2B.
Where does Ul Financial Security Plan rank by assets among Form 5500 filers?
Ul Financial Security 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 401(k) plans are similar in size to Ul Financial Security Plan?
Among 401(k) plans in other states, the closest by assets is Newell Brands Employee Savings Plan in GA ($1.7B, 15,115 participants).

Filing takeaways

Ways to act on Ul Financial Security Plan's numbers.