401(k) · DOL Form 5500 · 2024
Usic, LLC 401(k) Plan
Data updated 2026-08-25
- $207M
- Total assets Near avg plan size
- 11,341
- Participants Very large workforce
- 94th
- Percentile by assets National rank
- $18,229
- Avg per participant Low balance/head
Official DOL plan name: Usic 401(k) Savings Plan · Sponsored by Usic, LLC · Indiana · Utilities
$207M in assets, 11,341 participants
Usic, LLC's Usic 401(k) Savings Plan reported $207M in total assets and 11,341 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.
- #516 in Utilities (732 peers)
Coverage in Indiana
Usic 401(k) Savings Plan covers 11,341 participants in Indiana, 21x the typical Indiana plan (state average ~541 per filing). Assets: $207M.
- #516
- in Utilities (732 peers)
- +17.0%
- assets growth YoY
- 2.1×
- vs typical plan assets (national mean)
Usic 401(k) Savings Plan's outsized position by total assets
Usic 401(k) Savings Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$206,737,733 Top 6% higher than 94% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Usic 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. Usic 401(k) Savings Plan is a mega filing (11,341 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Usic 401(k) Savings Plan end-of-year assets rose from $177M in the plan year 2023 filing to $207M in the plan year 2024 filing.
- Usic 401(k) Savings Plan reported net income fell from $34M in the plan year 2023 filing to $30M in the plan year 2024 filing.
- Usic 401(k) Savings Plan reported participants fell from 11,405 in the plan year 2023 filing to 11,341 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 262212803 · Usic, LLC PY 2024 · 401(k)
Usic 401(k) Savings Plan · $207M · 11,341 · 94th
- PHOTO $207M
- IND 11,341
- EOY 94th
- 5500 401(k)
- ASSETS near Hightower 401(k) Plan
- PCT ind #516
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 Utilities retirement plans → · Plans in Indiana →
Usic 401(k) Savings Plan in the asset neighbourhood
Indiana filing particulars
| Total Assets (Beginning of Year) | $177M |
|---|---|
| Net Assets (End of Year) | $207M |
| Net Income | $30M |
| Employer EIN | 262212803 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Usic, LLC)
Sponsor-wide plan assets over time
All Usic, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $207M 44.88175041499258% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 10,036 | $143M |
| 2023 | 1 | 11,405 | $177M |
| 2024 | 1 | 11,341 | $207M |
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 $13.1B · 19,977
- Elevance Health 401(k) Plan $12.1B · 73,120
- Cummins Retirement and Savings Plan $6.4B · 30,272
- Iu Health 401(k) Savings Plan $4.5B · 38,460
- Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385
Scale composition for Usic 401(k) Savings Plan
Usic 401(k) Savings Plan reports $207M in end-of-year assets across 11,341 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.012% of 93,925,755 covered participants) - about $18,229 per participant (13% of the national average assets-per-participant) . Net income for plan year 2024 was $30M.
This plan identity (EIN 262212803, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $143M to $207M (+44.9%) while covered participants moved from 10,036 to 11,341 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 10,036 | $143M | Open filing |
| 2023 | 11,405 | $177M | Open filing |
| 2024 · index core | 11,341 | $207M | This page |
Usic 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount
Outside Indiana, the nearest 401(k) by assets is Hightower 401(k) Plan in IL ($207M); by covered participants it is Murphy USA Inc. Savings Plan in AR (11,354 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($207M here).
- Hightower 401(k) Plan (IL) $207M · 1,542
- The Parker Poe Adams & Bernstein LLP 401(k) Profit Sharing Plan (NC) $207M · 466
- Fortra, LLC 401(k) Savings Plan (MN) $207M · 1,384
- Jackson Walker LLP Qualified Retirement Plan II (TX) $207M · 505
Similar participant headcount
Nearest other-state filings by covered participants (11,341 participants); asset peers above are excluded.
- Murphy USA Inc. Savings Plan (AR) 11,354 · 13 off
- Basf Corporation Retirement Savings Plan (NJ) 11,317 · 24 off
- Elior, Inc. 401(k) Plan (NC) 11,314 · 27 off
- Staples US Retail 401(k) Retirement Plan (MA) 11,368 · 27 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.