LM Ericsson Telephone Co 401(k): Empower, match 4% max
Ericsson US 401(k) Plan · ERIC · CIK 717826
Empower is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
4%
LM Ericsson Telephone Co matches 100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay, for a maximum employer match of 4% of pay.
From the Form 11-K filed June 26, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What LM Ericsson Telephone puts in, and what the plan costs
What LM Ericsson Telephone put into the plan, per active participant
$10,314
LM Ericsson Telephone Co put $10,314 into this plan for each of its 4,401 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
LM Ericsson Telephone put in more per active participant than 97% of plans with 5,000+ participants in media, telecom and information. The middle plan in that group of 62 reported $3,707. Media, telecom and information comes from business code 517000, which LM Ericsson Telephone entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much LM Ericsson Telephone pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 061119960, plan 006 · DOL EFAST2 ↗
The $10,314 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. LM Ericsson Telephone Co also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $1,980 a year at a $49,500 salary, and the same filing states employer contributions made outside the match. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What LM Ericsson Telephone puts in
$1,980
a year, at a $49,500 salary.
The match paragraph, word for word
“The Company contributes 3% of a participant's eligible pay for employees who are not actively participating in the Company's Defined Benefit Plan, whether or not the employee contributes. The Company also matches 100% of the first 3% and an additional 50% on the 4th % and 5th % contributed.”
What you contribute to collect all of it
Contribute at least 5% of your pay to collect the full match.
That is $2,475 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Company and active participants' capital accumulation contributions, and participants' savings contributions, and the earnings thereon, are fully and immediately vested, with the exception of non-active participants transferred in from other plans, which continue to be subject to the former plans' vesting requirements.”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
99th percentile
$312.63 per participant in plan-paid administrative cost, more expensive than 99% of plans with 5,000+ participants.
What is LM Ericsson Telephone's 401(k) match formula?
LM Ericsson Telephone's 401(k) employer match tops out at 4% of pay. A tiered formula pays its best rate on the first slice of pay and less on the next, which is how the rate steps down.
| Match formula | 100% (dollar-for-dollar) of the first 3% of pay |
|---|---|
| then | 50% of the next 2% of pay |
| Maximum employer match | 4% of compensation |
| Other employer contribution | The Company contributes 3% of a participant's eligible pay for employees who are not actively participating in the Company's Defined Benefit Plan, whether or not the employee contributes. |
At a $75,000 salary, contributing 5% ($3,750) earns the full employer match of $3,000 for the year.
What the filing says, word for word
“The Company contributes 3% of a participant's eligible pay for employees who are not actively participating in the Company's Defined Benefit Plan, whether or not the employee contributes. The Company also matches 100% of the first 3% and an additional 50% on the 4th % and 5th % contributed.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is LM Ericsson Telephone's 401(k) vesting schedule?
LM Ericsson Telephone vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Other employer contributions | Fully and immediately vested |
Vesting, word for word
“Company and active participants' capital accumulation contributions, and participants' savings contributions, and the earnings thereon, are fully and immediately vested, with the exception of non-active participants transferred in from other plans, which continue to be subject to the former plans' vesting requirements.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who can join LM Ericsson Telephone's 401(k), and is enrollment automatic?
LM Ericsson Telephone enrolls new hires automatically at 5% of pay, rising 1% a year to 50% of pay.
| Plan entry | Immediate; all eligible employees may participate as soon as they meet the plan's eligible employee definition. |
|---|---|
| Automatic enrollment | Yes: default deferral 5% of pay; auto-escalation +1%/yr to 50%; default investment: designated balanced fund |
Eligibility, word for word
“All eligible employees may immediately participate in the Plan.”
Automatic enrollment, word for word
“The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 5% of eligible compensation and their contributions invested in a designated balanced fund until changed by the participant. Automatic enrollment deferral contributions are increased by 1% in April of each year subsequent to enrollment up to 50%.”
Source: Form 11-K filed June 26, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Empower, filed as “EMPOWER ANNUITY INSURANCE COMPANY”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
7,876 plans on file name Empower as their recordkeeper. Of those, the 7,813 with a computable fee have a median plan-paid cost of $165.72 per participant.
Participants log in at Empower ↗. 401(k) Monitor is not affiliated with Empower or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Empower |
|---|---|
| Recordkeeper EIN | 840467907 |
What does the LM Ericsson Telephone plan report on Form 5500?
The LM Ericsson Telephone plan reported $3.8B in assets and 14,029 participants for plan year 2024.
| Total plan assets | $3,773,559,655 |
|---|---|
| Participants | 14,029 |
| Plan-paid admin cost per participant | $312.63 |
How that cost compares
This plan pays $312.63 per participant. The median across plans in media, telecom and information is $121.00, from the 1,035 of 1,108 whose Form 5500 yields a per-participant cost.
Ericsson US 401(k) Plan on its Form 5500 filing: fees, providers and financials
How does LM Ericsson Telephone's 401(k) match compare?
LM Ericsson Telephone Co's maximum 401(k) match of 4% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file in media, telecom and information, two report the same recordkeeper and one vests on the same schedule.
Maximum match 4% of pay. Also in media, telecom and information.
Maximum match 4% of pay. Also in media, telecom and information.
Maximum match 4% of pay. Also in media, telecom and information.
Maximum match 4% of pay. Same recordkeeper, Empower.
Maximum match 4% of pay. Same recordkeeper, Empower.
Maximum match 5% of pay. Vests immediately too, like LM Ericsson Telephone.
Compare LM Ericsson Telephone Co with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 26, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is LM Ericsson Telephone Co's 401(k) match?
LM Ericsson Telephone Co matches 100% (dollar-for-dollar) of the first 3% of pay, then 50% of the next 2% of pay, for a maximum employer match of 4% of compensation (plan year ended December 31, 2025).
When does the LM Ericsson Telephone Co 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does LM Ericsson Telephone Co's 401(k) plan have automatic enrollment?
Yes: default deferral 5% of pay; auto-escalation +1%/yr to 50%; default investment: designated balanced fund.
Who is the recordkeeper for LM Ericsson Telephone Co's 401(k)?
Empower is named as the recordkeeper on the Form 5500 filed for Ericsson US 401(k) Plan for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that LM Ericsson Telephone Co filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | LM Ericsson Telephone Co |
| SEC CIK | 717826 |
| Accession number | 0001193125-26-284531 |
| Plan | Ericsson US 401(k) Plan |
| Period of report | December 31, 2025 |
| Filed | June 26, 2026 |
401(k) Monitor is not affiliated with LM Ericsson Telephone Co, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “LM Ericsson Telephone Co 401(k) plan facts”, from SEC Form 11-K accession 0001193125-26-284531, plan year ended December 31, 2025.
