Hi Techuser,
Are you able to provide the asset that is causing the issue or was this an asset from any of the Marketplace packs?
If it’s from the Marketplace packs can you list which one and the name of the asset that is causing the issue?
Without being able to change LOD setting in the Static Mesh editor it will more than likely use the auto computed LOD distance settings if this is in fact a bug.
Thank you!
Tim