LL Bean 401(k) and pension plans

LL Bean Inc, Freeport, ME. EIN 01-0026590. Annual reports 2009–2024. Also filed as L.l.bean, Inc.

LL Bean Inc has one active retirement plan on file, the L.L. Bean 401(k) Retirement Savings Plan, with 8,467 participants and $803 million in assets in 2024. Fidelity has been its recordkeeper since 2009.

Active plans
1
Participants
8,467
Plan assets
$803 million
401(k) recordkeeper
Fidelity
Plans on file
2
Industry
Retail

All 2 plans

Active plans first

L.L. Bean 401(k) Retirement Savings Plan

401(k)Active

Active. The plan filed its annual report for the 2024 plan year.

Plan number
002Employer EIN 01-0026590
Participants (2024)
8,467
Net assets (2024)
$803 million
Recordkeeper
Fidelity2009–2024
Plan administrator
LL Bean Inc
15 Casco Street
Freeport, ME 04033
(207) 552-7547As filed for 2024
In effect since
July 1, 1970

Earlier plan names: LL Bean 401K Retirement Savings Deferred Profit Sharing Plan; L.L. Bean 401(k) Retirement Savings/Deferred Profit Sharing Plan.

Year by year, 2009 to 2024
Plan yearParticipantsNet assetsRecordkeeper
20248,467$803 millionFidelity
20238,600$721 millionFidelity
20228,462$617 millionFidelity
20218,408$729 millionFidelity
20207,710$624 millionFidelity
20198,612$527 millionFidelity
20188,914$431 millionFidelity
20179,919$506 millionFidelity
20169,264$424 millionFidelity
20159,008$399 millionFidelity
20149,161$395 millionFidelity
20138,595$360 millionFidelity
20128,920$291 millionFidelity
20118,878$256 millionFidelity
20108,712$256 millionFidelity
20098,735$227 millionFidelity

L.l.bean, Inc. Pension Plan

Cash balance pension, frozenClosed

Closed. The plan filed its final annual report for 2023, which means its assets were paid out or moved and it no longer exists.

Plan number
003Employer EIN 01-0026590
Participants (2022)
4,153
Net assets (2022)
$207 million
Administered by
WTW2017–2023
Plan administrator
L.l.bean, Inc.
Casco Street
Freeport, ME 04033
(207) 552-7547As filed for 2023
In effect since
January 1, 1973
Year by year, 2009 to 2023
Plan yearParticipantsNet assetsRecordkeeper
20230$0WTW
20224,153$207 millionWTW
20216,710$507 millionWTW
20206,803$513 millionWTW
20197,727$424 millionWTW
20188,532$413 millionWTW
20178,948$481 millionWTW
20168,208$416 millionnot listed
20158,060$403 millionnot listed
20147,831$412 millionnot listed
20137,726$347 millionnot listed
20127,587$272 millionnot listed
20117,339$221 millionnot listed
20107,304$199 millionnot listed
20097,354$179 millionnot listed

If you had money in one of these plans

  1. Call Fidelity (fidelity.com), which runs the L.L. Bean 401(k) Retirement Savings Plan. With your Social Security number and the plan name, it can tell you whether you still have a balance and, if not, where it went.
  2. Or call the plan administrator listed on the plan below ((207) 552-7547). That number was filed for 2024; ask for the benefits or retirement plan office.
  3. If your plan closed, unclaimed balances usually went to an IRA in your name, to the PBGC's missing participants program, or to state unclaimed property. Here is how to check each one.
  4. Still stuck? The Department of Labor's benefits advisers help for free: askebsa.dol.gov or 1-866-444-3272. Never pay anyone to find your own money.

What these numbers are

Sources: U.S. Department of Labor, Form 5500 datasets and PBGC trusteed plans. How we read them.

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