Defined Benefit (Pension) · DOL Form 5500 · 2024
Lsi Corporation Pension Plan
Data updated 2026-08-06
- $922M
- Total assets
- 128
- Participants
- 98th
- Percentile by assets
- $7.2M
- Avg per participant
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.
- 98th percentile by assets (of 116,472 plans)
Coverage in Pennsylvania
Agere Systems Pension Plan covers 128 participants in Pennsylvania, about 16% of the average Pennsylvania filer (state average ~824 per filing). Assets: $922M.
- $922M
- total plan assets (2024 EOY)
- 128
- covered participants
- 98th
- percentile by assets (of 116,472 plans)
- $7.2M
- avg assets per participant
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.
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.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 824 participants across 5,360 plans. Agere Systems Pension Plan reports 128 participants - about 16% of that state average ($922M EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $995M |
|---|---|
| Net Assets (End of Year) | $909M |
| Net Income | -$85M |
| Employer EIN | 942712976 |
| Plan Effective Date | 2002-06-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lsi Corporation)
| 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
- Steelworkers Pension Trust $7.2B · 46,110
- The PNC Financial Services Group, Inc. Pension Plan $5.5B · 58,779
- The Bank of New York Mellon Corporation Pension Plan $5.2B · 6,387
- Constellation Retirement Program $5.0B · 4,809
- Eastern Atlantic States Carpenters Pension Fund $5.0B · 12,421
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Agere Systems Pension Plan by total assets, not by location.
- Electrical Workers Pension Trust Fund of Local Union No. 58 - IBEW (MI) $923M · 3,028
- Suburban Teamsters of Northern Illinois Pension Plan (IL) $922M · 3,044
- Honeywell Retirement Earnings Plan for Aerospace Employees of Honeywell Federal Manufacturing & Technologies, LLC (NC) $920M · 846
- University Hospitals Health System, Inc. Retirement Plan (OH) $920M · 23,595
Frequently Asked Questions
How did Agere Systems Pension Plan assets move in 2024? ▼
How have Lsi Corporation plan assets changed over time? ▼
Where does Agere Systems Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Agere Systems Pension Plan? ▼
Next read for Agere Systems Pension Plan
Filing takeaways
Ways to act on Agere Systems Pension Plan's numbers.
- By total assets, Agere Systems Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Pennsylvania. Compare plans
- Lsi Corporation's sponsor-wide assets have declined 9.1% since 2022 across 3 plan years on file. More Manufacturing plans
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.