Plan Ledger DOL Form 5500 · updated monthly

Eli Lilly and Company401(k)

THE LILLY EMPLOYEE 401(K) PLAN · INDIANAPOLIS, IN · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Eli Lilly and Company reported $1,856,531 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,928 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other manufacturing employers. By assets it is the 1st-largest of 1,562 plans among Indiana employers on file, and the 27th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed; active participation has grown from 17,704 to 21,803 since 2022.

Plan summary
Net assets, end of year$13,038,246,431
Participants with balances31,120
Active participants21,803
Employer contributions$172,858,045
Employee contributions$319,413,633
Employer contribution per active participant$7,928
Average account balance$418,967
Benefits paid to participants$779,797,114
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0B · 31,120 accts · $172.9M emplr
2023$11.1B · 27,194 accts · $152.8M emplr
2022$8.9B · 27,508 accts · $119.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,140,660
Audit (IQPA)$94,348
Total administrative$1,856,531
The Eli Lilly and Company 401(k) match · 2024
Employer contribution per active participant$7,928
Median for plans this size$5,259
2024$7,928 per active participant
2023$7,675 per active participant
2022$6,719 per active participant

Eli Lilly and Company's 2024 employer contribution ran above the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20249
ALIGHT SOLUTIONS, LLC · Recordkeeping · Loan processing$1,140,660
ELI LILLY AND COMPANY · Plan administrator$453,120
ERNST & YOUNG LLP · Accounting / audit$94,348
AON CONSULTING, INC. · Actuarial · Other services$82,665
ALIGHT FINANCIAL SOLUTIONS, LLC · Securities brokerage$42,741
CEM BENCHMARKING INC. · Other services$37,565
PLANTE & MORAN PLLC · Accounting / audit$29,437
EVESTMENT ALLIANCE LLC · Other services$13,579
PERSHING LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Alight
2023Alight

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$1,856,531 · 0.02%
2023$1,992,126 · 0.02%
2022$1,346,634 · 0.01%
Same employer
Similar plansManufacturing · Indiana
Genentech, Inc. CA$14.3B · 0.01%
Abbvie Inc. IL$13.4B · 0.03%
3M Company MN$12.0B · 0.05%
BAE Systems, Inc. VA$12.0B · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 350470950 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.