Employers › Eli Lilly
Recordkeeping fees per participant · The Lilly Employee 401(k) Plan · plan year 2024
$36.65
Higher than 55% of the 790 plans over $1B that report it.
= $1,140,660 / 31,120
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009064245NAL0003384659001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009064245NAL0003384659001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-09.
Administrative expenses excluding investment management, per participant
$59.66
Higher than 72% of the 1,045 plans over $1B that report it.
= $1,856,531 / 31,120
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009064245NAL0003384659001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009064245NAL0003384659001, received 2025-10-09
Administrative expenses per participant
$59.66
Higher than 42% of the 1,076 plans over $1B that report it.
= $1,856,531 / 31,120
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009064245NAL0003384659001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009064245NAL0003384659001, received 2025-10-09
Administrative expenses as a share of assets
0.014%
Higher than 11% of the 1,076 plans over $1B that report it.
= $1,856,531 / $13,056,609,955
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009064245NAL0003384659001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009064245NAL0003384659001, received 2025-10-09
Employer contributions per participant
$5,555
Higher than 72% of the 1,135 plans over $1B that report it.
= $172,858,045 / 31,120
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009064245NAL0003384659001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009064245NAL0003384659001, received 2025-10-09
Employer share of total contributions
31.0%
Higher than 42% of the 1,135 plans over $1B that report it.
= $172,858,045 / $557,363,310
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009064245NAL0003384659001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009064245NAL0003384659001, received 2025-10-09
99.7% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $10,279,079 ($389.96 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Eligibility
“Full-time employees become eligible for participation in the Plans on the first day of employment.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“All active participants vest in 100% of the Company's matching contributions after completing one hour of creditable service.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, vesting · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2I · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009064245NAL0003384659001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ELI LILLY AND COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Plan name | THE LILLY EMPLOYEE 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Sponsor EIN / plan number | 35-0470950 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Sponsor location | INDIANAPOLIS, IN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Industry (business code) | 325410, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Participants, beginning of year | 30,472 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Active participants | 21,803 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Participants, end of year | 31,411 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Participants with an account balance | 31,120 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Total assets, beginning of year | $11,133,214,731 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Total assets, end of year | $13,056,609,955 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Net assets, end of year | $13,038,246,431 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Total income | $2,677,373,809 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Net income | $1,894,771,802 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Employer contributions | $172,858,045 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Participant contributions | $319,413,633 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $65,091,632 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Total contributions | $557,363,310 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Benefit payments | $779,797,114 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $782,602,007 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Total administrative expenses | $1,856,531 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Recordkeeping fees | $1,140,660 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| IQPA audit fees | $94,348 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Administrative expenses excluding investment management | $1,856,531 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Held in master trusts | $13,014,419,160 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251009064245NAL0003384659001, received 2025-10-09 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009064245NAL0003384659001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009064245NAL0003384659001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ALIGHT SOLUTIONS, LLCrecordkeeper | NONE KNOWN | 15 Recordkeeping and information management; 36 Copying and duplicating; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan | $1,140,660 | yes |
| ELI LILLY AND COMPANY | PLAN SPONSOR | 14 Plan administrator; 50 Direct payment from the plan | $453,120 | no |
| ERNST & YOUNG LLP | NONE KNOWN | 10 Accounting (including auditing); 50 Direct payment from the plan | $94,348 | no |
| AON CONSULTING, INC. | NONE KNOWN | 11 Actuarial; 49 Other services; 50 Direct payment from the plan | $82,665 | no |
| ALIGHT FINANCIAL SOLUTIONS, LLC | NONE KNOWN | 33 Securities brokerage; 59 Shareholder servicing fees; 61 Finders fees / placement fees; 63 Distribution (12b-1) fees; 71 Securities brokerage commissions and fees | $42,741 | yes |
| CEM BENCHMARKING INC. | NONE KNOWN | 40 Foreign entity; 49 Other services; 50 Direct payment from the plan | $37,565 | no |
| PLANTE & MORAN PLLC | NONE KNOWN | 10 Accounting (including auditing); 50 Direct payment from the plan | $29,437 | no |
| EVESTMENT ALLIANCE LLC | NONE KNOWN | 49 Other services; 50 Direct payment from the plan | $13,579 | no |
| PERSHING LLC | NONE KNOWN | 59 Shareholder servicing fees; 61 Finders fees / placement fees; 71 Securities brokerage commissions and fees; 99 Other fees | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251009064245NAL0003384659001, received 2025-10-09.
LILLY SVNGS PN MASTER TRUST FUND B (EIN 462790681, PN 015): plan interest $13,014,419,160, 96.2% of the trust. The trust's own filing (20251008220453NAL0005986209001, received 2025-10-08) reports net assets $13,530,598,953, administrative expenses $10,686,769, recordkeeping fees not reported, investment management fees $10,432,876 and 3 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| BLACKROCK INSTITUTIONAL TRUST CO NA | 21 24 28 50 51 | $6,572,209 | $6,321,485 |
| THE NORTHERN TRUST COMPANY | 19 21 25 49 50 62 | $3,509,279 | $3,375,403 |
| INVESCO | 28 50 51 52 | $605,281 | $582,190 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $11,133,214,731 | $13,056,609,955 | 17.3% |
| Participants with a balance | 27,194 | 31,120 | 14.4% |
| Administrative expenses | $1,992,126 | $1,856,531 | -6.8% |
| Recordkeeping fees per participant | $50.49 | $36.65 | -27.4% |
| Employer contributions | $152,833,770 | $172,858,045 | 13.1% |
Prior filing 20241011104147NAL0010829123001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: ELI LILLY AND COMPANY; SEC registrant: ELI LILLY & Co (CIK 59478, matched by EIN; display name from the Form 11-K cover).