The Lincoln Electric Company 401(k) Plan: Login, Facts & Contact Information

The Lincoln Electric Company 401(k) Plan Facts

Plan name
THE LINCOLN ELECTRIC COMPANY EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing with a company-stock (ESOP) component
Plan sponsor
THE LINCOLN ELECTRIC COMPANY
Participants
6,731 (5,539 active employees)
Former employees with a balance
1,835
Plan assets
$1,105,796,486 at Dec 31, 2024
Average account balance
$163,145 across 6,778 accounts
Employer contributions
$13,709,604 in plan year 2024 (25% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1994
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $54.0 million went into the plan in contributions, $13.7 million of it from the employer (25%).
  • $116.6 million was paid out to participants.
  • Investment and other income added $111.1 million.
  • Administrative expenses were $237,500, about $35 per account.

How the The Lincoln Electric Company 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20194,981$661.0 million$23.9 million$48.5 million
20205,513$750.6 million$23.3 million$90.7 million
20215,695$900.2 million$24.7 million$79.6 million
20226,105$861.0 million$15.4 million$60.2 million
20236,713$1.02 billion$12.4 million$83.4 million
20246,731$1.11 billion$13.7 million$116.6 million

The Lincoln Electric Company 401(k) Contact Information

Phone
216-481-8100
Mailing address
22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Plan sponsor
THE LINCOLN ELECTRIC COMPANY
Employer identification number (EIN)
34-0359955
Plan number
005

Questions about the The Lincoln Electric Company 401(k)

Does The Lincoln Electric Company contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $13.7 million, 25% of all contributions.

Does the The Lincoln Electric Company 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the The Lincoln Electric Company 401(k) plan?

6,731 participants at the start of plan year 2024, 5,539 of them active employees, and 1,835 former employees who still had money in the plan.

What is the average 401(k) balance at The Lincoln Electric Company?

About $163,145 per account: $1.11 billion in plan assets across 6,778 accounts with a balance at the end of plan year 2024.

Who manages the The Lincoln Electric Company 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at The Lincoln Electric Company. How do I access my 401(k)?

Your account stays with Fidelity NetBenefits after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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