401(k) · DOL Form 5500 · 2023

Lucid USA, Inc. 401(k) Plan

Data updated 2026-08-25

$140M
Total assets Near avg plan size
6,883
Participants Above avg headcount
93rd
Percentile by assets National rank
$20,305
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lucid Motors 401(k) Plan · Sponsored by Lucid USA, Inc. · California · Professional & Technical Services

$140M in assets, 6,883 participants

Lucid USA, Inc.'s Lucid Motors 401(k) Plan reported $140M in total assets and 6,883 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #19,186 in Professional & Technical Services (20,321 peers)

Coverage in California

Lucid Motors 401(k) Plan covers 6,883 participants in California, 11x the typical California plan (state average ~630 per filing). Assets: $140M.

#19,186
in Professional & Technical Services (20,321 peers)
+70.3%
assets growth YoY
1.4×
vs typical plan assets (national mean)

Lucid Motors 401(k) Plan's outsized position by total assets

Lucid Motors 401(k) Plan vs every filed plan by assets

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

$139,761,371 Top 7% higher than 93% 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

Lucid Motors 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lucid Motors 401(k) Plan lands in the large band (6,883 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lucid Motors 401(k) Plan reported net income rose from $24M in the plan year 2022 filing to $58M in the plan year 2023 filing.
  • Lucid Motors 401(k) Plan reported participants rose from 3,698 in the plan year 2022 filing to 6,883 in the plan year 2023 filing.
  • Lucid Motors 401(k) Plan end-of-year assets rose from $82M in the plan year 2022 filing to $140M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 261618465 · Lucid USA, Inc. PY 2023 · 401(k)

Lucid Motors 401(k) Plan · $140M · 6,883 · 93rd

  • SCH $140M
  • SCH 6,883
  • SCH 93rd
  • SCH 401(k)
  • SCH near Edp Renewables North America LLC 401(k) Retirement Savings Plan
  • SCH ind #19186

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 Professional & Technical Services retirement plans → · Plans in California →

Lucid Motors 401(k) Plan in the asset neighbourhood

Avl North America, Inc. 401(k) PlanAvl North America, Inc. 401(…$140MTpc Group Retirement Savings PlanTpc Group Retirement Savings…$140MEdp Renewables North America LLC 401(k) Retirement Savings PlanEdp Renewables North America…$140MLucid Motors 401(k) Plan$140MSmart National Supplemental Savings PlanSmart National Supplemental …$140M
End-of-year total assets ($M) among Lucid Motors 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$82M
Net Assets (End of Year)$140M
Net Income$58M
Employer EIN261618465
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lucid USA, Inc.)

Sponsor-wide plan assets over time

All Lucid USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$219M 167.23674279197695% vs 2022
2024 filing year
$50M$100M$150M$200M$250M 202220232024 $82.1M $219M ▲ +167.2%
Year Plans Participants Total Assets
2022 1 3,698 $82M
2023 1 6,883 $140M
2024 1 5,950 $219M

Nearby 401(k) Plans in California

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

Lucid Motors 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Lucid Motors 401(k) Plan, Total assets ($B): 0.139761371 · Participants: 6883Lucid Motors 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Lucid Motors 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Lucid Motors 401(k) Plan side-by-side with 3 peers →

Scale composition for Lucid Motors 401(k) Plan

Lucid Motors 401(k) Plan reports $140M in end-of-year assets across 6,883 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $20,305 per participant (15% of the national average assets-per-participant) . Net income for plan year 2023 was $58M.

This plan identity (EIN 261618465, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $82M to $219M (+167.2%) while covered participants moved from 3,698 to 5,950 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 3,698 $82M Open filing
2023 6,883 $140M This page
2024 · index core 5,950 $219M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Lucid Motors 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Edp Renewables North America LLC 401(k) Retirement Savings Plan in TX ($140M); by covered participants it is Eduserve/Csusa Retirement Plan in FL (6,884 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($140M here).

Similar participant headcount

Nearest other-state filings by covered participants (6,883 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 Lucid Motors 401(k) Plan assets move in 2023? ▼
Lucid Motors 401(k) Plan surged - up 70.3% during 2023, from $82M to $140M. Reported net income was $58M.
How have Lucid USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lucid USA, Inc.'s sponsor-wide assets grew 167.2%, from $82M to $219M.
Where does Lucid Motors 401(k) Plan rank by assets among Form 5500 filers? ▼
Lucid Motors 401(k) Plan ranks in the 93rd 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 Lucid Motors 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Edp Renewables North America LLC 401(k) Retirement Savings Plan in TX ($140M, 1,012 participants).
Which 401(k) plans cover a similar participant headcount to Lucid Motors 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eduserve/Csusa Retirement Plan in FL (6,884 participants, $67M 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 261618465.

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.