The Lincoln Electric Company — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, The Lincoln Electric Company (EIN 34-0359955) is a plan sponsor located in Cleveland, OH with 3 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
34-0359955
Location
Cleveland, OH
Loaded plans
3
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for The Lincoln Electric Company

  • 3 loaded plans hold $1B in reported assets.
  • The largest, The Lincoln Electric Company Employee Savings Plan, holds 100% of this company's reported plan assets.
  • Plans cover 11,961 reported participants.
  • 1 of 3 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$1BSummed across loaded plans$1,023,571,318
Total reported assets$1B$1,023,571,318
Total reported participants12K11,961
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$1B total assets
Net assets$1BLiabilities$0
Contributions & income
Employer contributions$12.4M
Participant contributions$31.9M
Total income / additions$246.1M
Expenses & distributions
Benefits paid / distributions$83.4M
Total expenses$83.6M
Net increase / (decrease)$162.5M

Data coverage

Plans with financial statements1 / 3 (33%)
Plans with provider compensation1 / 3 (33%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%The Lincoln Electric Company Employee Savings Plan
Participants per plan3,987Average across loaded plans
Loaded plans3
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Plan #005 · 6,713 participants · 2023
  2. 2
    The Lincoln Electric Company Welfare Benefits Plannot reported in the loaded dataset
    Plan #503 · 4,899 participants · 2023
  3. 3
    Plan #505 · 349 participants · 2023
EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for The Lincoln Electric Company. Open one for its full reported snapshot.

  1. 2023
    The Lincoln Electric Company Employee Savings Plan6,713 participants · 2Sch HSch C
    View filing →
  2. 2023
    The Lincoln Electric Company Welfare Benefits Plan4,899 participants · 2No schedules
    View filing →
  3. 2023
    The Lincoln Electric Company Medical Plan For Certain Retirees349 participants · 2No schedules
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does The Lincoln Electric Company report on Form 5500?
The Lincoln Electric Company (EIN 34-0359955) reports 3 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for The Lincoln Electric Company?
The Employer Identification Number (EIN) reported for The Lincoln Electric Company is 34-0359955.
What is the latest Form 5500 filing year for The Lincoln Electric Company?
The latest loaded Form 5500 filing year for The Lincoln Electric Company is 2023.

Related Form 5500 pages