401(k) · DOL Form 5500 · 2024

Lincoln National Corporation 401(k) Plan

Data updated 2026-07-24

$3.5B
Total assets
11,126
Participants
100th
Percentile by assets
$315,946
Avg per participant
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Official DOL plan name: Lnc Employees' 401(k) Savings Plan · Sponsored by Lincoln National Corporation · Pennsylvania · Management of Enterprises

$3.5B in assets, 11,126 participants

Lincoln National Corporation's Lnc Employees' 401(k) Savings Plan reported $3.5B in total assets and 11,126 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.

  • 100th percentile by assets (of 116,472 plans)

Coverage in Pennsylvania

Lnc Employees' 401(k) Savings Plan covers 11,126 participants in Pennsylvania, 13x the typical Pennsylvania plan (state average ~824 per filing). Assets: $3.5B.

$3.5B
total plan assets (2024 EOY)
11,126
covered participants
100th
percentile by assets (of 116,472 plans)
$315,946
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lnc Employees' 401(k) Savings Plan reported net income fell from $409M in the plan year 2023 filing to $305M in the plan year 2024 filing.
  • Lnc Employees' 401(k) Savings Plan end-of-year assets rose from $3.2B in the plan year 2023 filing to $3.5B in the plan year 2024 filing.
  • Lnc Employees' 401(k) Savings Plan reported participants fell from 11,410 in the plan year 2023 filing to 11,126 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Lnc Employees' 401(k) Savings Plan reports 11,126 participants - 13x that state average ($3.5B EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$3.2B
Net Assets (End of Year)$3.5B
Net Income$305M
Employer EIN351140070
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lincoln National Corporation)

$3.5B$4B$4.5B 202220232024 $3.6B $4.28B ▲ +18.9%
Total plan assets by year, all Lincoln National Corporation plans on file
Year Plans Participants Total Assets
2022 3 13,224 $3.6B
2023 3 13,478 $4.0B
2024 3 12,985 $4.3B

Nearby 401(k) Plans in Pennsylvania

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

Lnc Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Lnc Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Lnc Employees' 401(k…Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
Lnc Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Lnc Employees' 401(k) Savings Plan assets move in 2024?
Lnc Employees' 401(k) Savings Plan grew at a solid clip - up 9.5% during 2024, from $3.2B to $3.5B. Reported net income was $305M.
How have Lincoln National Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lincoln National Corporation's sponsor-wide assets grew 18.7%, from $3.6B to $4.3B.
Where does Lnc Employees' 401(k) Savings Plan rank by assets among Form 5500 filers?
Lnc Employees' 401(k) Savings Plan ranks in the 100th 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 Lnc Employees' 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Fedex Corporation Retirement Savings Plan II in TN ($3.5B, 94,890 participants).

Filing takeaways

Ways to act on Lnc Employees' 401(k) 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 351140070.

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