401(k) · DOL Form 5500 · 2024

Lutron Electronics Co., Inc. 401(k) Plan

Data updated 2026-08-25

$765M
Total assets Above avg plan size
2,292
Participants Above avg headcount
98th
Percentile by assets National rank
$333,594
Avg per participant High balance/head
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Official DOL plan name: Lutron Retirement Plan · Sponsored by Lutron Electronics Co., Inc. · Pennsylvania · Manufacturing

$765M in assets, 2,292 participants

Lutron Electronics Co., Inc.'s Lutron Retirement Plan reported $765M in total assets and 2,292 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.

  • #17,209 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Lutron Retirement Plan covers 2,292 participants in Pennsylvania, 2.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $765M.

#17,209
in Manufacturing (17,777 peers)
+13.0%
assets growth YoY
7.7×
vs typical plan assets (national mean)

Lutron Retirement Plan's outsized position by total assets

Lutron Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$764,597,080 Top 2% higher than 98% of 123,620 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 2024

Lutron Retirement 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. Lutron Retirement Plan lands in the large band (2,292 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lutron Retirement Plan reported net income fell from $117M in the plan year 2023 filing to $88M in the plan year 2024 filing.
  • Lutron Retirement Plan end-of-year assets rose from $677M in the plan year 2023 filing to $765M in the plan year 2024 filing.
  • Lutron Retirement Plan reported participants rose from 2,221 in the plan year 2023 filing to 2,292 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 231599902 · Lutron Electronics Co., Inc. PY 2024 · 401(k)

Lutron Retirement Plan · $765M · 2,292 · 98th

  • EOY $765M
  • EOY 2,292
  • EOY 98th
  • EOY 401(k)
  • EOY near Advantage 401(k) Savings Plan
  • EOY ind #17209

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 Manufacturing retirement plans → · Plans in Pennsylvania →

Lutron Retirement Plan in the asset neighbourhood

Lutron Retirement Plan$765MAdvantage 401(k) Savings Plan$765MSumitomo Mitsui Banking Corporation 401(k) PlanSumitomo Mitsui Banking Corp…$765MKyndryl 401(k) Plan$764MSelective Insurance Retirement Savings PlanSelective Insurance Retireme…$764M
End-of-year total assets ($M) among Lutron Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$677M
Net Assets (End of Year)$765M
Net Income$88M
Employer EIN231599902
Plan Effective Date1973-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lutron Electronics Co., Inc.)

Sponsor-wide plan assets over time

All Lutron Electronics Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$765M 36.4595791422732% vs 2022
2024 filing year
$500M$600M$700M$800M 202220232024 $560M $765M ▲ +36.5%
Year Plans Participants Total Assets
2022 1 1,993 $560M
2023 1 2,221 $677M
2024 1 2,292 $765M

Nearby 401(k) Plans in Pennsylvania

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

Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Lutron Retirement Plan, Total assets ($B): 0.76459708 · Participants: 2292Lutron Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Lutron Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Lutron Retirement Plan side-by-side with 3 peers →

Lutron Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Advantage 401(k) Savings Plan in MO ($765M); by covered participants it is Local No. 8 IBEW Retirement Plan & Trust in OH (2,292 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($765M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,292 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lutron Retirement Plan assets move in 2024? ▼
Lutron Retirement Plan grew at a solid clip - up 13.0% during 2024, from $677M to $765M. Reported net income was $88M.
How have Lutron Electronics Co., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lutron Electronics Co., Inc.'s sponsor-wide assets grew 36.5%, from $560M to $765M.
Where does Lutron Retirement Plan rank by assets among Form 5500 filers? ▼
Lutron Retirement Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lutron Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Advantage 401(k) Savings Plan in MO ($765M, 38,300 participants).
Which 401(k) plans cover a similar participant headcount to Lutron Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Local No. 8 IBEW Retirement Plan & Trust in OH (2,292 participants, $671M in assets).

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 231599902.

Read our methodology - how this data is sourced, computed, and verified.

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