L.L. Bean 401(K) Retirement Savings Plan — Form 5500 plan (Ll Bean Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, L.L. Bean 401(K) Retirement Savings Plan is a benefit plan reported by Ll Bean Inc under EIN 01-0026590 and plan number 002. The latest loaded filing year is 2023. The filing reports 8,462 participants and $721,305,706 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Ll Bean Inc
EIN
01-0026590
Plan number
002
Plan type
2
Location
Freeport, ME
Latest filing year
2023
Participants
8,462
End-of-year plan assets
$721,305,706

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20238,462H, C20240925122006NAL0014314369001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$721,305,706
Total liabilities (EOY)
$18,692
Net assets (EOY)
$721,287,014
Net assets (BOY)
$617,075,209

Income & contributions

Employer contributions
$15,920,739
Participant contributions
$20,125,484
Total contributions
$39,604,397
Total income / additions
$162,700,225

Expenses & distributions

Benefits paid
$58,005,036
Administrative expenses
$468,791
Total expenses
$58,488,420
Net increase / (decrease)
$104,211,805

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Fidelity Investments InstitutionalRECORDKEEPER$317,666$02023
Verrill Dana, LlpATTORNEY/LEGAL$91,125not reported in the loaded dataset2023
Ubs Financial ServicCONSULTANT$60,000not reported in the loaded dataset2023

Related Form 5500 pages