401(k) · DOL Form 5500 · 2024

Schlage Lock Company LLC 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
573
Participants Below avg headcount
64th
Percentile by assets National rank
$25,424
Avg per participant Low balance/head
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Official DOL plan name: Schlage Lock Company LLC Employee Savings Plan for Bargained Employees · Sponsored by Schlage Lock Company LLC · Indiana · Manufacturing

$15M in assets, 573 participants

Schlage Lock Company LLC's Schlage Lock Company LLC Employee Savings Plan for Bargained Employees reported $15M in total assets and 573 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #9,176 in Manufacturing (17,777 peers)

Schlage Lock Company LLC multi-year trail

Schlage Lock Company LLC's plans moved +29.5% in assets from 2022 to 2024; this filing shows Schlage Lock Company LLC Employee Savings Plan for Bargained Employees at $15M / 573 participants.

#9,176
in Manufacturing (17,777 peers)
+4.3%
assets growth YoY

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees's mid-pack asset rank among Manufacturing and all filers

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees vs every filed plan by assets

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

$14,567,938 Top 36% higher than 64% 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

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Schlage Lock Company LLC Employee Savings Plan for Bargained Employees sits mid-pack in the medium band (573 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Schlage Lock Company LLC Employee Savings Plan for Bargained Employees reported net income fell from $1M in the plan year 2023 filing to $605K in the plan year 2024 filing.
  • Schlage Lock Company LLC Employee Savings Plan for Bargained Employees end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Schlage Lock Company LLC Employee Savings Plan for Bargained Employees reported participants rose from 554 in the plan year 2023 filing to 573 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 542139412 · Schlage Lock Company LLC PY 2024 · 401(k)

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees · $15M · 573 · 64th

  • RANK $15M
  • RANK 573
  • RANK 64th
  • RANK 401(k)
  • RANK near The Sanborn Map Company, Inc. 401(k) Plan
  • RANK ind #9176

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 Indiana →

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees in the asset neighbourhood

Schlage Lock Company LLC Employee Savings Plan for Bargained EmployeesSchlage Lock Company LLC Emp…$15MThe Sanborn Map Company, Inc. 401(k) PlanThe Sanborn Map Company, Inc…$15MAaa North Penn 401(k) Plan$15MSafe-Harbor 403(b) Thrift Plan for Employees of Goodwill of Central and Coastal Virginia, Inc.Safe-Harbor 403(b) Thrift Pl…$15MTown & Country Bancshares, Inc. 401(k) PlanTown & Country Bancshares, I…$15M
End-of-year total assets ($M) among Schlage Lock Company LLC Employee Savings Plan for Bargained Employees and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Schlage Lock Company LLC multi-year asset trail

Sponsor-wide plan assets over time

All Schlage Lock Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.2B 29.495325276916656% vs 2022
2024 filing year
$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $0.94B $1.22B ▲ +29.8%
Year Plans Participants Total Assets
2022 3 5,485 $941M
2023 3 6,988 $1.1B
2024 3 6,992 $1.2B

Schlage Lock Company LLC filing trail (2024)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$605K
Employer EIN542139412
Plan Effective Date2013-12-02
Filing StatusFILING RECEIVED

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 for Bargained Employees vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Schlage Lock Company LLC Employee Savings Plan for Bargained Employees, Total assets ($B): 0.014567938 · Participants: 573Schlage Lock Company LLC Employee Savings Plan for Bargained EmployeesThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Schlage Lock Company LLC Employee Savings Plan for Bargained Employees vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Schlage Lock Company LLC Employee Savings Plan for Bargained Employees side-by-side with 3 peers →

Schlage Lock Company LLC Employee Savings Plan for Bargained Employees's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is The Sanborn Map Company, Inc. 401(k) Plan in CO ($15M); by covered participants it is Gates, Hudson & Associates Employee 401(k) Plan in VA (573 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (573 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 Schlage Lock Company LLC Employee Savings Plan for Bargained Employees assets move in 2024? ▼
Schlage Lock Company LLC Employee Savings Plan for Bargained Employees edged up modestly - up 4.3% during 2024, from $14M to $15M. Reported net income was $605K.
How have Schlage Lock Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Schlage Lock Company LLC's sponsor-wide assets grew 29.5%, from $941M to $1.2B.
Which 401(k) plans are similar in size to Schlage Lock Company LLC Employee Savings Plan for Bargained Employees? ▼
Among 401(k) plans in other states, the closest by assets is The Sanborn Map Company, Inc. 401(k) Plan in CO ($15M, 177 participants).
Which 401(k) plans cover a similar participant headcount to Schlage Lock Company LLC Employee Savings Plan for Bargained Employees? ▼
Among 401(k) plans in other states, the closest by covered participants is Gates, Hudson & Associates Employee 401(k) Plan in VA (573 participants, $24M 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 542139412.

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.