401(k) · DOL Form 5500 · 2024

Lannett Company, Inc. 401(k) Plan

Data updated 2026-08-11

$97M
Total assets: 473
Participants: 90th
Percentile by assets: $205,878
Avg per participant

Official DOL plan name: Lannett Company, Inc. 401(k) Retirement Savings Plan · Sponsored by Lannett Company, Inc. · Pennsylvania · Manufacturing

$97M in assets, 473 participants

Lannett Company, Inc.'s Lannett Company, Inc. 401(k) Retirement Savings Plan reported $97M in total assets and 473 participants in its 2024 DOL Form 5500 filing, ranking in the 90th 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.

90th percentile by assets (of 123,622 plans)
#15,206 in Manufacturing (17,777 peers)

Where Lannett Company, Inc. 401(k) Retirement Savings Plan sits by assets

Lannett Company, Inc. 401(k) Retirement Savings Plan sits in the top 10% of all filed plans by assets, $97M for 473 participants (~$205,878/participant), up 6.5% in 2024.

$97M
total plan assets (2024 EOY): 473
covered participants: 90th
percentile by assets (of 123,622 plans): $205,878
avg assets per participant

Lannett Company, Inc. 401(k) Retirement Savings Plan reported net income fell from $8M in the plan year 2023 filing to $6M in the plan year 2024 filing.
Lannett Company, Inc. 401(k) Retirement Savings Plan reported participants fell from 550 in the plan year 2023 filing to 473 in the plan year 2024 filing.
Lannett Company, Inc. 401(k) Retirement Savings Plan end-of-year assets rose from $91M in the plan year 2023 filing to $97M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Pennsylvania

Industry

Manufacturing

Lannett Company, Inc. 401(k) Retirement Savings Plan vs the 2024 asset distribution

By assets, Lannett Company, Inc. 401(k) Retirement Savings Plan outranks 90% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$91M
Net Assets (End of Year)	$97M
Net Income	$6M
Employer EIN	230787699
Plan Effective Date	1970-12-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lannett Company, Inc.)

Total plan assets by year, all Lannett Company, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	757	$83M
2023	1	550	$91M
2024	1	473	$97M

Nearby 401(k) Plans in Pennsylvania

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

Lannett Company, Inc. 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
The Cigna Group 401(k) Plan $14.2B · 63,634
The Vanguard Retirement and Savings Plan $11.1B · 18,066
Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604

Compare Lannett Company, Inc. 401(k) Retirement … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lannett Company, Inc. 401(k) Retirement Savings Plan by total assets, not by location.

Bridgestone Americas, Inc. Retirement Savings Plan (TN) $97M · 1,013
Homeserve 401(k) Plan (CT) $97M · 2,111
The Platinum 401(k) Retirement Savings Plan (FL) $97M · 11,156
Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan (NJ) $97M · 752

Frequently Asked Questions

How did Lannett Company, Inc. 401(k) Retirement Savings Plan assets move in 2024? ▼

Lannett Company, Inc. 401(k) Retirement Savings Plan grew at a solid clip - up 6.5% during 2024, from $91M to $97M. Reported net income was $6M.

How have Lannett Company, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lannett Company, Inc.'s sponsor-wide assets grew 17.2%, from $83M to $97M.

Where does Lannett Company, Inc. 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼

Lannett Company, Inc. 401(k) Retirement Savings Plan ranks in the 90th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Lannett Company, Inc. 401(k) Retirement Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Bridgestone Americas, Inc. Retirement Savings Plan in TN ($97M, 1,013 participants).

Next read for Lannett Company, Inc. 401(k) Retirement …

Scale reading

Ways to act on Lannett Company, Inc. 401(k) Retirement Savings Plan's numbers.

By total assets, Lannett Company, Inc. 401(k) Retirement Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
Lannett Company, Inc.'s sponsor-wide assets have grown 17.2% since 2022 across 3 plan years on file. More Manufacturing plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 230787699.