401(k) · DOL Form 5500 · 2024

Eli Lilly and Company 401(k) Plan

Data updated 2026-08-25

$13.1B
Total assets Mega-plan scale
19,977
Participants Very large workforce
100th
Percentile by assets National rank
$653,582
Avg per participant High balance/head
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Official DOL plan name: The Lilly Employee 401(k) Plan · Sponsored by Eli Lilly and Company · Indiana · Manufacturing

$13.1B in assets, 19,977 participants

Eli Lilly and Company's The Lilly Employee 401(k) Plan reported $13.1B in total assets and 19,977 participants in its 2024 DOL Form 5500 filing, ranking in the 100th 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.

  • #17,739 in Manufacturing (17,777 peers)

Coverage in Indiana

The Lilly Employee 401(k) Plan covers 19,977 participants in Indiana, 37x the typical Indiana plan (state average ~541 per filing). Assets: $13.1B.

#17,739
in Manufacturing (17,777 peers)
+17.3%
assets growth YoY
131×
vs typical plan assets (national mean)

The Lilly Employee 401(k) Plan's outsized position by total assets

The Lilly Employee 401(k) Plan vs every filed plan by assets

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

$13,056,609,955 Highest reported value at or above every one 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

The Lilly Employee 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Lilly Employee 401(k) Plan is a mega filing (19,977 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Lilly Employee 401(k) Plan end-of-year assets rose from $11.1B in the plan year 2023 filing to $13.1B in the plan year 2024 filing.
  • The Lilly Employee 401(k) Plan reported net income fell from $2.2B in the plan year 2023 filing to $1.9B in the plan year 2024 filing.
  • The Lilly Employee 401(k) Plan reported participants rose from 17,583 in the plan year 2023 filing to 19,977 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 350470950 · Eli Lilly and Company PY 2024 · 401(k)

The Lilly Employee 401(k) Plan · $13.1B · 19,977 · 100th

  • EOY $13.1B
  • EOY 19,977
  • EOY 100th
  • EOY 401(k)
  • EOY near Broadcom U.S. 401(k) Plan
  • EOY ind #17739

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 Indiana →

The Lilly Employee 401(k) Plan in the asset neighbourhood

Toyota Motor North America, Inc. Retirement Savings PlanToyota Motor North America, …$13.3BSavings Plan for Employees and Partners of PwcSavings Plan for Employees a…$13.2BThe Lilly Employee 401(k) PlanThe Lilly Employee 401(k) Pl…$13.1BBroadcom U.S. 401(k) Plan$13.1BThe Goldman Sachs 401(k) Plan$12.8B
End-of-year total assets ($B) among The Lilly Employee 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$11.1B
Net Assets (End of Year)$13.0B
Net Income$1.9B
Employer EIN350470950
Plan Effective Date1956-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Eli Lilly and Company)

Sponsor-wide plan assets over time

All Eli Lilly and Company plans reported in each filing year

Latest sponsor-wide plan assets
$24.8B 23.589524024807382% vs 2022
2024 filing year
$18B$20B$22B$24B$26B 202220232024 $20.1B $24.9B ▲ +23.6%
Year Plans Participants Total Assets
2022 2 32,485 $20.1B
2023 2 36,694 $22.8B
2024 2 39,874 $24.8B

Nearby 401(k) Plans in Indiana

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

The Lilly Employee 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 051015 Total assets ($B) Participants The Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings PlanNisource Inc Retirement Savings Plan, Total assets ($B): 2.032972811 · Participants: 7619Nisource Inc Retirement Savings Plan
The Lilly Employee 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Scale composition for The Lilly Employee 401(k) Plan

The Lilly Employee 401(k) Plan reports $13.1B in end-of-year assets across 19,977 participants (0.11% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.021% of 93,925,755 covered participants) - about $653,582 per participant (4.7x the national average assets-per-participant) . Net income for plan year 2024 was $1.9B.

This plan identity (EIN 350470950, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $8.9B to $13.1B (+47.1%) while covered participants moved from 15,607 to 19,977 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 15,607 $8.9B Open filing
2023 17,583 $11.1B Open filing
2024 · index core 19,977 $13.1B This page

The same sponsor also keeps 1 other index-core plan on PlainRetire:

The Lilly Employee 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Broadcom U.S. 401(k) Plan in CA ($13.1B); by covered participants it is Autozone, Inc. 401(k) Plan in TN (20,036 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13.1B here).

Similar participant headcount

Nearest other-state filings by covered participants (19,977 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 The Lilly Employee 401(k) Plan assets move in 2024?
The Lilly Employee 401(k) Plan grew sharply - up 17.3% during 2024, from $11.1B to $13.1B. Reported net income was $1.9B.
How have Eli Lilly and Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Eli Lilly and Company's sponsor-wide assets grew 23.6%, from $20.1B to $24.8B.
Where does The Lilly Employee 401(k) Plan rank by assets among Form 5500 filers?
The Lilly Employee 401(k) Plan ranks in the 100th percentile by end-of-year assets among 123,622 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 The Lilly Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Broadcom U.S. 401(k) Plan in CA ($13.1B, 10,747 participants).
Which 401(k) plans cover a similar participant headcount to The Lilly Employee 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Autozone, Inc. 401(k) Plan in TN (20,036 participants, $1.1B in assets).