Defined Benefit (Pension) · DOL Form 5500 · 2024

Lsi Corporation Pension Plan

Data updated 2026-08-25

$922M
Total assets Above avg plan size
128
Participants Small participant base
98th
Percentile by assets National rank
$7.2M
Avg per participant High balance/head
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Official DOL plan name: Agere Systems Pension Plan · Sponsored by Lsi Corporation · Pennsylvania · Manufacturing

$922M in assets, 128 participants

Lsi Corporation's Agere Systems Pension Plan reported $922M in total assets and 128 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.

  • #17,277 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Agere Systems Pension Plan covers 128 participants in Pennsylvania, about 16% of the average Pennsylvania filer (state average ~822 per filing). Assets: $922M.

#17,277
in Manufacturing (17,777 peers)
-7.3%
assets change YoY
9.3×
vs typical plan assets (national mean)

The plan reported a net loss of $85M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Agere Systems Pension Plan's outsized position by total assets

Agere Systems Pension Plan vs every filed plan by assets

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

$922,397,902 Top 2% higher than 98% 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

Agere Systems Pension Plan 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. Agere Systems Pension Plan sits mid-pack in the medium band (128 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Agere Systems Pension Plan reported net income fell from -$19M in the plan year 2023 filing to -$85M in the plan year 2024 filing.
  • Agere Systems Pension Plan end-of-year assets fell from $995M in the plan year 2023 filing to $922M in the plan year 2024 filing.
  • Agere Systems Pension Plan reported participants fell from 136 in the plan year 2023 filing to 128 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 942712976 · Lsi Corporation PY 2024 · Defined Benefit (Pension)

Agere Systems Pension Plan · $922M · 128 · 98th

  • BOY $922M
  • BOY 128
  • BOY 98th
  • BOY Defined Benefit (Pension)
  • BOY near Western Connecticut Health Network Pension Plan
  • BOY ind #17277

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 Pennsylvania →

Agere Systems Pension Plan in the asset neighbourhood

Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEWElectrical Workers Pension T…$923MAgere Systems Pension Plan$922MWestern Connecticut Health Network Pension PlanWestern Connecticut Health N…$922MAmeriprise Financial Retirement PlanAmeriprise Financial Retirem…$922MSuburban Teamsters of Northern Illinois Pension PlanSuburban Teamsters of Northe…$922M
End-of-year total assets ($M) among Agere Systems Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$995M
Net Assets (End of Year)$909M
Net Income-$85M
Employer EIN942712976
Plan Effective Date2002-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lsi Corporation)

Sponsor-wide plan assets over time

All Lsi Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$922M 9.061033693947577% vs 2022
2024 filing year
$0.9B$0.95B$1B$1.05B 202220232024 $1.01B $0.92B ▼ -8.9%
Year Plans Participants Total Assets
2022 1 153 $1.0B
2023 1 136 $995M
2024 1 128 $922M

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 051015 Total assets ($B) Participants Agere Systems Pension Plan, Total assets ($B): 0.922397902 · Participants: 128Agere Systems Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Agere Systems Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Agere Systems Pension Plan side-by-side with 3 peers →

Agere Systems Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Western Connecticut Health Network Pension Plan in CT ($922M); by covered participants it is Kohler Credit Union Defined Benefit Plan in WI (128 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (128 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 Agere Systems Pension Plan assets move in 2024? ▼
Agere Systems Pension Plan pulled back noticeably - down 7.3% during 2024, from $995M to $922M. Reported net income was -$85M.
How have Lsi Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lsi Corporation's sponsor-wide assets declined 9.1%, from $1.0B to $922M.
Where does Agere Systems Pension Plan rank by assets among Form 5500 filers? ▼
Agere Systems Pension Plan ranks in the 98th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Agere Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Western Connecticut Health Network Pension Plan in CT ($922M, 1,461 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Agere Systems Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Kohler Credit Union Defined Benefit Plan in WI (128 participants, $16M 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 942712976.

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.