401(k) · DOL Form 5500 · 2024
Lg Electronics USA, Inc. 401(k) Plan
Data updated 2026-08-11
- $450M
- Total assets
- 3,020
- Participants
- 97th
- Percentile by assets
- $149,163
- Avg per participant
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.
- 97th percentile by assets (of 123,622 plans)
- #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.
- $450M
- total plan assets (2024 EOY)
- 3,020
- covered participants
- 97th
- percentile by assets (of 123,622 plans)
- $149,163
- avg assets per participant
Where Lg Electronics Retirement Plan sits 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
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.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Lg Electronics Retirement Plan reports 3,020 participants - 3.6x that state average ($450M EOY assets).
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.)
| 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.
Lg Electronics Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
- 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
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lg Electronics Retirement Plan by total assets, not by location.
- 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
Frequently Asked Questions
How did Lg Electronics Retirement Plan assets move in 2024? ▼
How have Lg Electronics USA, Inc. plan assets changed over time? ▼
Where does Lg Electronics Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Lg Electronics Retirement Plan? ▼
Next read for Lg Electronics Retirement Plan
Filing takeaways
Ways to act on Lg Electronics Retirement Plan's numbers.
- By total assets, Lg Electronics Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
- Lg Electronics USA, Inc.'s sponsor-wide assets have grown 36.2% since 2022 across 3 plan years on file. More Manufacturing plans