401(k) · DOL Form 5500 · 2023

The Lovesac Company 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
1,193
Participants Near avg headcount
69th
Percentile by assets National rank
$13,669
Avg per participant Low balance/head
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Official DOL plan name: The Lovesac Company 401(k) Plan · Sponsored by The Lovesac Company · Connecticut · Retail Trade

$16M in assets, 1,193 participants

The Lovesac Company's The Lovesac Company 401(k) Plan reported $16M in total assets and 1,193 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #6,692 in Retail Trade (8,414 peers)

The Lovesac Company multi-year trail

The Lovesac Company's plans moved +125.2% in assets from 2022 to 2024; this filing shows The Lovesac Company 401(k) Plan at $16M / 1,193 participants.

#6,692
in Retail Trade (8,414 peers)
+48.2%
assets growth YoY

The Lovesac Company 401(k) Plan's outsized position by total assets

The Lovesac Company 401(k) Plan vs every filed plan by assets

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

$16,307,693 Top 31% higher than 69% 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

The Lovesac Company 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. The Lovesac Company 401(k) Plan lands in the large band (1,193 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Lovesac Company 401(k) Plan reported participants rose from 580 in the plan year 2022 filing to 1,193 in the plan year 2023 filing.
  • The Lovesac Company 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • The Lovesac Company 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $16M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 320514958 · The Lovesac Company PY 2023 · 401(k)

The Lovesac Company 401(k) Plan · $16M · 1,193 · 69th

  • 5500 $16M
  • 5500 1,193
  • 5500 69th
  • 5500 401(k)
  • 5500 near Logic Technology, Inc. 401(k) Plan
  • 5500 ind #6692

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 Retail Trade retirement plans → · Plans in Connecticut →

The Lovesac Company 401(k) Plan in the asset neighbourhood

The Lovesac Company 401(k) PlanThe Lovesac Company 401(k) P…$16MLogic Technology, Inc. 401(k) PlanLogic Technology, Inc. 401(k…$16MM & G Drilling Company, Inc. 401(k) Profit Sharing PlanM & G Drilling Company, Inc.…$16MFuji Electric Corp of America 401(k) Profit Sharing PlanFuji Electric Corp of Americ…$16MWtg Midstream, LLC 401(k) Employees PlanWtg Midstream, LLC 401(k) Em…$16M
End-of-year total assets ($M) among The Lovesac Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

The Lovesac Company multi-year asset trail

Sponsor-wide plan assets over time

All The Lovesac Company plans reported in each filing year

Latest sponsor-wide plan assets
$25M 125.17752491366817% vs 2022
2024 filing year
$5M$10M$15M$20M$25M$30M 202220232024 $11M $24.8M ▲ +125.2%
Year Plans Participants Total Assets
2022 1 580 $11M
2023 1 1,193 $16M
2024 1 1,666 $25M

The Lovesac Company filing trail (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$16M
Net Income$5M
Employer EIN320514958
Plan Effective Date2017-02-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Connecticut

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

The Lovesac Company 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants The Lovesac Company 401(k) Plan, Total assets ($B): 0.016307693 · Participants: 1193The Lovesac Company 401(k) PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
The Lovesac Company 401(k) Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

The Lovesac Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Logic Technology, Inc. 401(k) Plan in NY ($16M); by covered participants it is Human Resources, Inc. Retirement Savings Plan in MD (1,193 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,193 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 The Lovesac Company 401(k) Plan assets move in 2023?
The Lovesac Company 401(k) Plan surged - up 48.2% during 2023, from $11M to $16M. Reported net income was $5M.
How have The Lovesac Company plan assets changed over time?
Across 3 plan years on file (2022-2024), The Lovesac Company's sponsor-wide assets grew 125.2%, from $11M to $25M.
Which 401(k) plans are similar in size to The Lovesac Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Logic Technology, Inc. 401(k) Plan in NY ($16M, 39 participants).
Which 401(k) plans cover a similar participant headcount to The Lovesac Company 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Human Resources, Inc. Retirement Savings Plan in MD (1,193 participants, $79M in assets).