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Lincoln Electric Holdings 401(k) retirement plan: the investment options
Does your 401(k) vote the way you would? Fidelity Fund is the largest fund in the Lincoln Electric Holdings plan that publishes its votes. Answer 3 of its ballots from this season, then see your result.
The question on the ballot
As filed
Lincoln Electric Holdings 401(k) match and balances, from the filing
- Company money in
- about $2,480 per active participant
- $14m in plan year 2024
- Employees saved
- about $6,530 each
- $36m in plan year 2024
- Average balance
- $163,100
- 6,778 people with a balance
- In the plan
- $1.11bn
- at the end of plan year 2024
Company money is the match plus any other employer contributions, averaged over all 5,539 active participants, including anyone who did not contribute. The filing reports dollars, not the match formula; the plan’s summary plan description states the formula.
SourceThe plan’s annual report to the Department of Labor — Form 5500, Schedule H, plan year 2024 · filed by THE LINCOLN ELECTRIC COMPANY as “THE LINCOLN ELECTRIC COMPANY EMPLOYEE SAVINGS PLAN” · EIN 340359955, plan number 005 · search the filings
This is the only fund in the Lincoln Electric Holdings retirement plan whose voting record we can trace, taken from the plan’s own annual filing. The figures show what it did with shareholder proposals.
SourceThe fund menu is the list of investments in Lincoln Electric Holdings’s own annual retirement-plan filing · open the filing
| Fund | Climate | Workers | Pay equity | Exec pay backed |
|---|---|---|---|---|
| Fidelity Fund listed as “Fidelity” | 3 of 22 | 0 of 7 | 1 of 1 | 98.5% |
What this means for you
Most people are in whichever fund their plan made the default, and never look again. The figures above are the part nobody shows you when you pick: not the fee, not last year's return, but what the fund did with the shares your savings paid for.
Vote the full deck for this plan’s fund →
Other employer plans
The largest employer plans on the site, and a few more. Each page shows what the plan’s funds did with the shares its savers paid for.