401(k) · DOL Form 5500 · 2024

Lg&e and Ku Energy LLC 401(k) Plan

Data updated 2026-07-24

$1.0B
Total assets
3,125
Participants
98th
Percentile by assets
$324,932
Avg per participant
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Official DOL plan name: Lg&e and Ku Savings Plan · Sponsored by Lg&e and Ku Energy LLC · Kentucky · Utilities

$1.0B in assets, 3,125 participants

Lg&e and Ku Energy LLC's Lg&e and Ku Savings Plan reported $1.0B in total assets and 3,125 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 Kentucky

Lg&e and Ku Savings Plan covers 3,125 participants in Kentucky, 4.8x the typical Kentucky plan (state average ~658 per filing). Assets: $1.0B.

$1.0B
total plan assets (2024 EOY)
3,125
covered participants
98th
percentile by assets (of 116,472 plans)
$324,932
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lg&e and Ku Savings Plan end-of-year assets rose from $919M in the plan year 2023 filing to $1.0B in the plan year 2024 filing.
  • Lg&e and Ku Savings Plan reported net income fell from $126M in the plan year 2023 filing to $119M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Kentucky filers

In Kentucky, the average filing covers about 658 participants across 1,242 plans. Lg&e and Ku Savings Plan reports 3,125 participants - 4.8x that state average ($1.0B EOY assets).

Kentucky filing particulars

Total Assets (Beginning of Year)$919M
Net Assets (End of Year)$1.0B
Net Income$119M
Employer EIN200523163
Plan Effective Date1987-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lg&e and Ku Energy LLC)

$1.95B$2B$2.05B 202220232024 $1.97B $2.04B ▲ +3.6%
Total plan assets by year, all Lg&e and Ku Energy LLC plans on file
Year Plans Participants Total Assets
2022 2 4,372 $2.0B
2023 2 3,951 $2.0B
2024 2 3,867 $2.0B

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lg&e and Ku Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Lg&e and Ku Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 0246810 Total assets ($B) Participants Lg&e and Ku Savings …Commonspirit Health …Humana Retirement Sa…UPS/Ipa 401(k) Savin…Scionhealth 401(k) P…Lexmark Savings Plan
Lg&e and Ku Savings Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lg&e and Ku Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Lg&e and Ku Savings Plan assets move in 2024?
Lg&e and Ku Savings Plan grew at a solid clip - up 10.5% during 2024, from $919M to $1.0B. Reported net income was $119M.
How have Lg&e and Ku Energy LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Lg&e and Ku Energy LLC's sponsor-wide assets grew 3.7%, from $2.0B to $2.0B.
Where does Lg&e and Ku Savings Plan rank by assets among Form 5500 filers?
Lg&e and Ku Savings Plan ranks in the 98th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lg&e and Ku Savings Plan?
Among 401(k) plans in other states, the closest by assets is Heico Savings and Investment Plan in FL ($1.0B, 6,503 participants).

Next read for Lg&e and Ku Savings Plan

Filing takeaways

Ways to act on Lg&e and Ku Savings Plan's numbers.

  • By total assets, Lg&e and Ku 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 Kentucky. Compare plans
  • Lg&e and Ku Energy LLC's sponsor-wide assets have grown 3.7% since 2022 across 3 plan years on file. More Utilities 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 200523163.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.