401(k) · DOL Form 5500 · 2024
Ll Bean Inc 401(k) Plan
Data updated 2026-08-25
- $803M
- Total assets Above avg plan size
- 7,315
- Participants Very large workforce
- 98th
- Percentile by assets National rank
- $109,837
- Avg per participant Below avg balance/head
Official DOL plan name: L.L. Bean 401(k) Retirement Savings Plan · Sponsored by Ll Bean Inc · Maine · Retail Trade
$803M in assets, 7,315 participants
Ll Bean Inc's L.L. Bean 401(k) Retirement Savings Plan reported $803M in total assets and 7,315 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- #7,946 in Retail Trade (8,048 peers)
Coverage in Maine
L.L. Bean 401(k) Retirement Savings Plan covers 7,315 participants in Maine, 15x the typical Maine plan (state average ~472 per filing). Assets: $803M.
- #7,946
- in Retail Trade (8,048 peers)
- +11.4%
- assets growth YoY
- 8.1×
- vs typical plan assets (national mean)
L.L. Bean 401(k) Retirement Savings Plan's outsized position by total assets
L.L. Bean 401(k) Retirement Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$803,456,624 Top 2% higher than 98% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
L.L. Bean 401(k) Retirement Savings Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. L.L. Bean 401(k) Retirement Savings Plan lands in the large band (7,315 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- L.L. Bean 401(k) Retirement Savings Plan reported net income fell from $104M in the plan year 2023 filing to $82M in the plan year 2024 filing.
- L.L. Bean 401(k) Retirement Savings Plan end-of-year assets rose from $721M in the plan year 2023 filing to $803M in the plan year 2024 filing.
- L.L. Bean 401(k) Retirement Savings Plan reported participants rose from 7,173 in the plan year 2023 filing to 7,315 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 010026590 · Ll Bean Inc PY 2024 · 401(k)
L.L. Bean 401(k) Retirement Savings Plan · $803M · 7,315 · 98th
- BOY $803M
- SCH 7,315
- EBSA 98th
- PART 401(k)
- TYPE near Essilorluxottica Retirement Savings Plan 2
- NET ind #7946
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 Maine →
L.L. Bean 401(k) Retirement Savings Plan in the asset neighbourhood
Maine filing particulars
| Total Assets (Beginning of Year) | $721M |
|---|---|
| Net Assets (End of Year) | $803M |
| Net Income | $82M |
| Employer EIN | 010026590 |
| Plan Effective Date | 1970-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Ll Bean Inc)
Sponsor-wide plan assets over time
All Ll Bean Inc plans reported in each filing year
- Latest sponsor-wide plan assets
- $803M 2.6253701112874435% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 9,452 | $825M |
| 2023 | 2 | 7,519 | $721M |
| 2024 | 1 | 7,315 | $803M |
Nearby 401(k) Plans in Maine
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Td 401(k) Retirement Plan $6.0B · 31,654
- Unum Group 401(k) Retirement Plan $2.5B · 9,451
- Idexx Retirement and Incentive Savings Plan $1.2B · 6,776
- Hannaford Bros. Co. 401(k) Plan $1.1B · 29,915
- Ahold Delhaize USA Services 401(k) Plan $1.0B · 3,012
Scale composition for L.L. Bean 401(k) Retirement Savings Plan
L.L. Bean 401(k) Retirement Savings Plan reports $803M in end-of-year assets across 7,315 participants (0.007% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $109,837 per participant (79% of the national average assets-per-participant) . Net income for plan year 2024 was $82M.
This plan identity (EIN 010026590, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $617M to $803M (+30.2%) while covered participants moved from 7,122 to 7,315 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,122 | $617M | Open filing |
| 2023 | 7,173 | $721M | Open filing |
| 2024 · index core | 7,315 | $803M | This page |
L.L. Bean 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Maine, the nearest 401(k) by assets is Essilorluxottica Retirement Savings Plan 2 in NY ($804M); by covered participants it is Pmg Services, Inc. Thrift and Profit Sharing Plan in FL (7,318 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($803M here).
- Essilorluxottica Retirement Savings Plan 2 (NY) $804M · 3,734
- Lanxess Corporation Defined Contribution Plan (PA) $806M · 2,034
- Sparrow Health System Associate Retirement Savings Plan (MI) $807M · 4,261
- Schaeffler Group USA Savings Retirement Plan (SC) $800M · 4,937
Similar participant headcount
Nearest other-state filings by covered participants (7,315 participants); asset peers above are excluded.
- Pmg Services, Inc. Thrift and Profit Sharing Plan (FL) 7,318 · 3 off
- Flex 401(k) Plan (TX) 7,310 · 5 off
- Simmons Foods, Inc. 401(k) Retirement and Trust Plan (AR) 7,323 · 8 off
- Sealed Air Corporation 401(k) and Profit Sharing Plan (NC) 7,324 · 9 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.