401(k) · DOL Form 5500 · 2024
Lg Electronics USA, Inc. 401(k) Plan
Data updated 2026-08-25
- $450M
- Total assets Above avg plan size
- 3,020
- Participants Above avg headcount
- 97th
- Percentile by assets National rank
- $149,163
- Avg per participant Above avg balance/head
Official DOL plan name: Lg Electronics Retirement Plan · Sponsored by Lg Electronics USA, Inc. · New Jersey · Manufacturing
$450M in assets, 3,020 participants
Lg Electronics USA, Inc.'s Lg Electronics Retirement Plan reported $450M in total assets and 3,020 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #16,910 in Manufacturing (17,777 peers)
Coverage in New Jersey
Lg Electronics Retirement Plan covers 3,020 participants in New Jersey, 3.6x the typical New Jersey plan (state average ~844 per filing). Assets: $450M.
- #16,910
- in Manufacturing (17,777 peers)
- +17.4%
- assets growth YoY
- 4.5×
- vs typical plan assets (national mean)
Lg Electronics Retirement Plan's outsized position by total assets
Lg Electronics Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$450,471,953 Top 3% higher than 97% 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
Lg Electronics 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. Lg Electronics Retirement Plan lands in the large band (3,020 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lg Electronics Retirement Plan reported net income rose from $53M in the plan year 2023 filing to $67M in the plan year 2024 filing.
- Lg Electronics Retirement Plan end-of-year assets rose from $384M in the plan year 2023 filing to $450M in the plan year 2024 filing.
- Lg Electronics Retirement Plan reported participants rose from 2,987 in the plan year 2023 filing to 3,020 in the plan year 2024 filing.
Plan-year Form 5500 strip
Filing strip 132950311 · Lg Electronics USA, Inc. PY 2024 · 401(k)
Lg Electronics Retirement Plan · $450M · 3,020 · 97th
- PHOTO $450M
- IND 3,020
- EOY 97th
- 5500 401(k)
- ASSETS near Jtekt North America 401(k) Retirement Plan
- PCT ind #16910
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 New Jersey →
Lg Electronics Retirement Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $384M |
|---|---|
| Net Assets (End of Year) | $450M |
| Net Income | $67M |
| Employer EIN | 132950311 |
| Plan Effective Date | 1950-04-28 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lg Electronics USA, Inc.)
Sponsor-wide plan assets over time
All Lg Electronics USA, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $450M 36.240896802427585% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 3,128 | $331M |
| 2023 | 1 | 2,987 | $384M |
| 2024 | 1 | 3,020 | $450M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $52.9B · 185,532
- Verizon Savings Plan for Management Employees $29.4B · 69,218
- Johnson and Johnson Savings Plan $23.6B · 42,583
- Ernst & Young Retirement Savings Plan $18.3B · 56,714
- Merck US Savings Plan $15.0B · 27,956
Lg Electronics Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Jtekt North America 401(k) Retirement Plan in SC ($450M); by covered participants it is Books-a-Million, Inc. 401(k) Plan in AL (3,020 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($450M here).
- Jtekt North America 401(k) Retirement Plan (SC) $450M · 4,379
- Dimensional Fund Advisors Deferred Compensation and Profit Sharing Plan (TX) $450M · 1,306
- Advantest America, Inc. Saving Plan (CA) $450M · 1,283
- Tennant Company Retirement Savings Plan (MN) $450M · 1,889
Similar participant headcount
Nearest other-state filings by covered participants (3,020 participants); asset peers above are excluded.
- Books-a-Million, Inc. 401(k) Plan (AL) 3,020 · 0 off
- Vontier Retirement Savings Plan (NC) 3,022 · 2 off
- Envista Holdings Corporation Savings Plan (CA) 3,022 · 2 off
- Samuel, Son & Co. (USA), Inc. 401(k) Plan (IL) 3,022 · 2 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.