Department of Labor filing

THE LINCOLN ELECTRIC COMPANY

THE LINCOLN ELECTRIC COMPANY EMPLOYEE SAVINGS PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 8, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

45filing comparison
out of 100

The filing looks broadly typical among comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$2,475

Reported employer contributions per active participant.

Higher than about 28% of comparable plans

#People in the filing

5,539

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$35 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 85% of comparable plans

↗Investment performance

Not available

Plan assets changed 8.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202445out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions28th percentileTypical peer $4,042 · based on 53 comparable plans

Lower reported administrative expense85th percentileTypical peer $71 · based on 53 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, THE LINCOLN ELECTRIC COMPANY reported $13,709,604 in employer contributions across the plan and 5,539 active participants. That works out to $2,475 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy74%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 22.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 26.3%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context45/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $13,709,604
Participant contributions: $36,162,309
Other contributions: $4,162,184
Employer share of reported contributions: 27.5%
Beginning assets: $1,023,571,318
Ending assets: $1,105,796,486
Ending net assets: $1,105,796,486
Ending liabilities: $0
Total income: $165,145,000
Total expenses: $116,865,070
Administrative expenses: $237,500
Participant loans: $14,845,972

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$3,174

2023

$2,554

2024

$2,475

Plan-paid administrative expenses per participant

2022

$28

2023

$34

2024

$35

Active participants

2022

4,842

2023

4,859

2024

5,539

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,475	5,539	1.1B	20251008070138NAL0005492785001
2023	$2,554	4,859	1B	20241008134916NAL0030138816001
2022	$3,174	4,842	861M	20230906073016NAL0013595073001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 340359955-005

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1994
Industry: Industry group 335
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2O2S2T3F3H2R

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251008070138NAL0005492785001

Data sourceDOL Form 5500 bulk data ↗

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