401(k) · DOL Form 5500 · 2024

Lincoln National Corporation 401(k) Plan

Data updated 2026-08-25

$3.5B
Total assets Very large vs avg
11,126
Participants Very large workforce
100th
Percentile by assets National rank
$315,946
Avg per participant High balance/head
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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.

  • #1,114 in Management of Enterprises (1,133 peers)

Coverage in Pennsylvania

Lnc Employees' 401(k) Savings Plan covers 11,126 participants in Pennsylvania, 14x the typical Pennsylvania plan (state average ~822 per filing). Assets: $3.5B.

#1,114
in Management of Enterprises (1,133 peers)
+9.5%
assets growth YoY
35×
vs typical plan assets (national mean)

Lnc Employees' 401(k) Savings Plan's outsized position by total assets

Lnc Employees' 401(k) Savings Plan vs every filed plan by assets

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

$3,515,209,675 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

Lnc Employees' 401(k) Savings 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. Lnc Employees' 401(k) Savings Plan is a mega filing (11,126 participants), the rightmost band on the breakdown.

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 →

Form 5500 schedule snapshot

Filing strip 351140070 · Lincoln National Corporation PY 2024 · 401(k)

Lnc Employees' 401(k) Savings Plan · $3.5B · 11,126 · 100th

  • PCT $3.5B
  • PCT 11,126
  • PCT 100th
  • PCT 401(k)
  • PCT near Fedex Corporation Retirement Savings Plan II
  • PCT ind #1114

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 Management of Enterprises retirement plans → · Plans in Pennsylvania →

Lnc Employees' 401(k) Savings Plan in the asset neighbourhood

Allina 401(k) Retirement Savings PlanAllina 401(k) Retirement Sav…$3.5BFluor Corporation Employees Savings Investment PlanFluor Corporation Employees …$3.5BLnc Employees' 401(k) Savings PlanLnc Employees' 401(k) Saving…$3.5BFedex Corporation Retirement Savings Plan IIFedex Corporation Retirement…$3.5BInova Health System Retirement Savings PlanInova Health System Retireme…$3.5B
End-of-year total assets ($B) among Lnc Employees' 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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)

Sponsor-wide plan assets over time

All Lincoln National Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$4.3B 18.688546723366382% vs 2022
2024 filing year
$3.5B$4B$4.5B 202220232024 $3.6B $4.28B ▲ +18.9%
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 Scatter plot of 6 data points. 020000400006000080000100000 0510152025 Total assets ($B) Participants Lnc Employees' 401(k) Savings Plan, Total assets ($B): 3.515209675 · Participants: 11126Lnc Employees' 401(k) Savings 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
Lnc Employees' 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Lnc Employees' 401(k) Savings Plan side-by-side with 3 peers →

Scale composition for Lnc Employees' 401(k) Savings Plan

Lnc Employees' 401(k) Savings Plan reports $3.5B in end-of-year assets across 11,126 participants (0.029% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $315,946 per participant (2.3x the national average assets-per-participant) . Net income for plan year 2024 was $305M.

This plan identity (EIN 351140070, plan #009) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.8B to $3.5B (+25.5%) while covered participants moved from 10,934 to 11,126 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 10,934 $2.8B Open filing
2023 11,410 $3.2B Open filing
2024 · index core 11,126 $3.5B This page

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

Lnc Employees' 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Fedex Corporation Retirement Savings Plan II in TN ($3.5B); by covered participants it is Baptist Health 401(a) Plan in AR (11,107 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.5B here).

Similar participant headcount

Nearest other-state filings by covered participants (11,126 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 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 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 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).
Which 401(k) plans cover a similar participant headcount to Lnc Employees' 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baptist Health 401(a) Plan in AR (11,107 participants, $563M 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 351140070.

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.