401(k) · DOL Form 5500 · 2024
Schlage Lock Company LLC 401(k) Plan
Data updated 2026-08-11
- $976M
- Total assets
- 5,209
- Participants
- 98th
- Percentile by assets
- $187,381
- Avg per participant
Official DOL plan name: Schlage Lock Company LLC Employee Savings Plan · Sponsored by Schlage Lock Company LLC · Indiana · Manufacturing
$976M in assets, 5,209 participants
Schlage Lock Company LLC's Schlage Lock Company LLC Employee Savings Plan reported $976M in total assets and 5,209 participants in its 2024 DOL Form 5500 filing, ranking in the 98th 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.
- 98th percentile by assets (of 123,622 plans)
- #17,302 in Manufacturing (17,777 peers)
Coverage in Indiana
Schlage Lock Company LLC Employee Savings Plan covers 5,209 participants in Indiana, 9.6x the typical Indiana plan (state average ~541 per filing). Assets: $976M.
- $976M
- total plan assets (2024 EOY)
- 5,209
- covered participants
- 98th
- percentile by assets (of 123,622 plans)
- $187,381
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Schlage Lock Company LLC Employee Savings Plan end-of-year assets rose from $842M in the plan year 2023 filing to $976M in the plan year 2024 filing.
- Schlage Lock Company LLC Employee Savings Plan reported net income fell from $156M in the plan year 2023 filing to $134M in the plan year 2024 filing.
- Schlage Lock Company LLC Employee Savings Plan reported participants rose from 5,074 in the plan year 2023 filing to 5,209 in the plan year 2024 filing.
Participants vs Indiana filers
In Indiana, the average filing covers about 541 participants across 2,302 plans. Schlage Lock Company LLC Employee Savings Plan reports 5,209 participants - 9.6x that state average ($976M EOY assets).
Indiana filing particulars
| Total Assets (Beginning of Year) | $842M |
|---|---|
| Net Assets (End of Year) | $976M |
| Net Income | $134M |
| Employer EIN | 542139412 |
| Plan Effective Date | 2013-12-02 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Schlage Lock Company LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 3 | 5,485 | $941M |
| 2023 | 3 | 6,988 | $1.1B |
| 2024 | 3 | 6,992 | $1.2B |
Nearby 401(k) Plans in Indiana
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Schlage Lock Company LLC Employee Savings Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
- 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 Schlage Lock Company LLC Employee Savings Plan
Schlage Lock Company LLC Employee Savings Plan reports $976M in end-of-year assets across 5,209 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $187,381 per participant (1.4x the national average assets-per-participant) . Net income for plan year 2024 was $134M.
This plan identity (EIN 542139412, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $686M to $976M (+42.2%) while covered participants moved from 3,605 to 5,209 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 3,605 | $686M | Open filing |
| 2023 | 5,074 | $842M | Open filing |
| 2024 · index core | 5,209 | $976M | This page |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Schlage Lock Company LLC Pension Plan (Defined Benefit (Pension), $228M, 1,210 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Schlage Lock Company LLC Employee Savings Plan by total assets, not by location.
- Church & Dwight Co. , Inc. Savings and Profit Sharing Plan for Salaried Employees (NJ) $976M · 1,995
- Nfp Corp. 401(k) Plan (NY) $977M · 6,297
- B. Braun Medical Inc. Savings Plan (PA) $977M · 5,854
- Amtrak's Retirement Savings Plan for Agreement Employees (DC) $974M · 19,587
Frequently Asked Questions
How did Schlage Lock Company LLC Employee Savings Plan assets move in 2024? ▼
How have Schlage Lock Company LLC plan assets changed over time? ▼
Where does Schlage Lock Company LLC Employee Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Schlage Lock Company LLC Employee Savings Plan? ▼
Next read for Schlage Lock Company LLC Employee Saving…
Filing takeaways
Ways to act on Schlage Lock Company LLC Employee Savings Plan's numbers.
- By total assets, Schlage Lock Company LLC Employee Savings 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 Indiana. Compare plans
- Schlage Lock Company LLC's sponsor-wide assets have grown 29.5% since 2022 across 3 plan years on file. More Manufacturing plans