401(k) · DOL Form 5500 · 2024

Lucid USA, Inc. 401(k) Plan

Data updated 2026-08-25

$219M
Total assets Near avg plan size
5,950
Participants Above avg headcount
95th
Percentile by assets National rank
$36,856
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lucid Motors 401(k) Plan · Sponsored by Lucid USA, Inc. · California · Professional & Technical Services

$219M in assets, 5,950 participants

Lucid USA, Inc.'s Lucid Motors 401(k) Plan reported $219M in total assets and 5,950 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #19,329 in Professional & Technical Services (20,173 peers)

Coverage in California

Lucid Motors 401(k) Plan covers 5,950 participants in California, 9.4x the typical California plan (state average ~630 per filing). Assets: $219M.

#19,329
in Professional & Technical Services (20,173 peers)
+56.9%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Lucid Motors 401(k) Plan's outsized position by total assets

Lucid Motors 401(k) Plan vs every filed plan by assets

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

$219,293,314 Top 5% higher than 95% 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

Lucid Motors 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lucid Motors 401(k) Plan lands in the large band (5,950 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lucid Motors 401(k) Plan end-of-year assets rose from $140M in the plan year 2023 filing to $219M in the plan year 2024 filing.
  • Lucid Motors 401(k) Plan reported net income rose from $58M in the plan year 2023 filing to $80M in the plan year 2024 filing.
  • Lucid Motors 401(k) Plan reported participants fell from 6,883 in the plan year 2023 filing to 5,950 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 261618465 · Lucid USA, Inc. PY 2024 · 401(k)

Lucid Motors 401(k) Plan · $219M · 5,950 · 95th

  • TYPE $219M
  • TYPE 5,950
  • TYPE 95th
  • TYPE 401(k)
  • TYPE near Lululemon Savings Plan
  • TYPE ind #19329

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 Professional & Technical Services retirement plans → · Plans in California →

Lucid Motors 401(k) Plan in the asset neighbourhood

Devry University 401(k) Savings PlanDevry University 401(k) Savi…$219MLucid Motors 401(k) Plan$219MLululemon Savings Plan$219MQ2 Holdings, Inc. 401(k) Plan$219MGrubhub, Inc. 401(k) Retirement PlanGrubhub, Inc. 401(k) Retirem…$219M
End-of-year total assets ($M) among Lucid Motors 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$219M
Net Income$80M
Employer EIN261618465
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lucid USA, Inc.)

Sponsor-wide plan assets over time

All Lucid USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$219M 167.23674279197695% vs 2022
2024 filing year
$50M$100M$150M$200M$250M 202220232024 $82.1M $219M ▲ +167.2%
Year Plans Participants Total Assets
2022 1 3,698 $82M
2023 1 6,883 $140M
2024 1 5,950 $219M

Nearby 401(k) Plans in California

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

Lucid Motors 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000 -200204060 Total assets ($B) Participants Lucid Motors 401(k) Plan, Total assets ($B): 0.219293314 · Participants: 5950Lucid Motors 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Lucid Motors 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Lucid Motors 401(k) Plan

Lucid Motors 401(k) Plan reports $219M in end-of-year assets across 5,950 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $36,856 per participant (27% of the national average assets-per-participant) . Net income for plan year 2024 was $80M.

This plan identity (EIN 261618465, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $82M to $219M (+167.2%) while covered participants moved from 3,698 to 5,950 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 3,698 $82M Open filing
2023 6,883 $140M Open filing
2024 · index core 5,950 $219M This page

Lucid Motors 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Lululemon Savings Plan in DE ($219M); by covered participants it is Sun Auto Tire & Service, Inc. 401(k) Plan in AZ (5,951 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($219M here).

Similar participant headcount

Nearest other-state filings by covered participants (5,950 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 Lucid Motors 401(k) Plan assets move in 2024?
Lucid Motors 401(k) Plan surged - up 56.9% during 2024, from $140M to $219M. Reported net income was $80M.
How have Lucid USA, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lucid USA, Inc.'s sponsor-wide assets grew 167.2%, from $82M to $219M.
Where does Lucid Motors 401(k) Plan rank by assets among Form 5500 filers?
Lucid Motors 401(k) Plan ranks in the 95th 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 401(k) plans are similar in size to Lucid Motors 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Lululemon Savings Plan in DE ($219M, 16,949 participants).
Which 401(k) plans cover a similar participant headcount to Lucid Motors 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sun Auto Tire & Service, Inc. 401(k) Plan in AZ (5,951 participants, $55M in assets).