401(k) · DOL Form 5500 · 2024

Lenovo (United States) Inc. 401(k) Plan

Data updated 2026-07-24

$2.6B
Total assets
4,711
Participants
99th
Percentile by assets
$553,059
Avg per participant
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Official DOL plan name: Lenovo Savings Plan · Sponsored by Lenovo (United States) Inc. · North Carolina · Manufacturing

$2.6B in assets, 4,711 participants

Lenovo (United States) Inc.'s Lenovo Savings Plan reported $2.6B in total assets and 4,711 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 116,472 plans)

Coverage in North Carolina

Lenovo Savings Plan covers 4,711 participants in North Carolina, 5.6x the typical North Carolina plan (state average ~846 per filing). Assets: $2.6B.

$2.6B
total plan assets (2024 EOY)
4,711
covered participants
99th
percentile by assets (of 116,472 plans)
$553,059
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lenovo Savings Plan reported net income fell from $319M in the plan year 2023 filing to $261M in the plan year 2024 filing.
  • Lenovo Savings Plan end-of-year assets rose from $2.3B in the plan year 2023 filing to $2.6B in the plan year 2024 filing.
  • Lenovo Savings Plan reported participants fell from 4,748 in the plan year 2023 filing to 4,711 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Industry

Participants vs North Carolina filers

In North Carolina, the average filing covers about 846 participants across 3,325 plans. Lenovo Savings Plan reports 4,711 participants - 5.6x that state average ($2.6B EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$2.3B
Net Assets (End of Year)$2.6B
Net Income$261M
Employer EIN522449153
Plan Effective Date2005-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lenovo (United States) Inc.)

$2B$2.2B$2.4B$2.6B$2.8B 202220232024 $2.08B $2.66B ▲ +27.9%
Total plan assets by year, all Lenovo (United States) Inc. plans on file
Year Plans Participants Total Assets
2022 2 4,337 $2.1B
2023 2 4,772 $2.4B
2024 2 4,728 $2.7B

Nearby 401(k) Plans in North Carolina

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

Lenovo Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Lenovo Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Lenovo Savings PlanThe Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Nucor Corporation Pr…Truist Financial Cor…
Lenovo Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lenovo Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Lenovo Savings Plan assets move in 2024?
Lenovo Savings Plan grew at a solid clip - up 11.1% during 2024, from $2.3B to $2.6B. Reported net income was $261M.
How have Lenovo (United States) Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lenovo (United States) Inc.'s sponsor-wide assets grew 27.7%, from $2.1B to $2.7B.
Where does Lenovo Savings Plan rank by assets among Form 5500 filers?
Lenovo Savings Plan ranks in the 99th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Lenovo Savings Plan?
Among 401(k) plans in other states, the closest by assets is Regeneron Pharmaceuticals, Inc. 401(k) Savings Plan in NY ($2.6B, 10,876 participants).

Filing takeaways

Ways to act on Lenovo Savings Plan's numbers.

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 522449153.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.