401(k) · DOL Form 5500 · 2024
Ll Bean Inc 401(k) Plan
Data updated 2026-08-11
- $803M
- Total assets
- 7,315
- Participants
- 98th
- Percentile by assets
- $109,837
- Avg per participant
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.
- 98th percentile by assets (of 123,622 plans)
- #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.
- $803M
- total plan assets (2024 EOY)
- 7,315
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $109,837
- avg assets per participant
Where L.L. Bean 401(k) Retirement Savings Plan sits 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
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.
Participants vs Maine filers
In Maine, the average filing covers about 472 participants across 561 plans. L.L. Bean 401(k) Retirement Savings Plan reports 7,315 participants - 15x that state average ($803M EOY assets).
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)
| 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.
L.L. Bean 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants
- 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 |
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to L.L. Bean 401(k) Retirement Savings Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did L.L. Bean 401(k) Retirement Savings Plan assets move in 2024? ▼
How have Ll Bean Inc plan assets changed over time? ▼
Where does L.L. Bean 401(k) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to L.L. Bean 401(k) Retirement Savings Plan? ▼
Next read for L.L. Bean 401(k) Retirement Savings Plan
Filing takeaways
Ways to act on L.L. Bean 401(k) Retirement Savings Plan's numbers.
- By total assets, L.L. Bean 401(k) Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maine. Compare plans
- Ll Bean Inc's sponsor-wide assets have declined 2.6% since 2022 across 3 plan years on file. More Retail Trade plans