401(k) · DOL Form 5500 · 2022

Lacks Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$203M
Total assets Near avg plan size
2,423
Participants Above avg headcount
96th
Percentile by assets National rank
$83,932
Avg per participant Below avg balance/head
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Official DOL plan name: Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan · Sponsored by Lacks Enterprises, Inc. · Michigan · Manufacturing

$203M in assets, 2,423 participants

Lacks Enterprises, Inc.'s Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported $203M in total assets and 2,423 participants in its 2022 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #19,196 in Manufacturing (20,602 peers)

Coverage in Michigan

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan covers 2,423 participants in Michigan, 3.8x the typical Michigan plan (state average ~638 per filing). Assets: $203M.

#19,196
in Manufacturing (20,602 peers)
-20.9%
assets change YoY
2.0×
vs typical plan assets (national mean)

The plan reported a net loss of $54M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's outsized position by total assets

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$203,367,842 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan lands in the large band (2,423 participants).

Published 5500 schedule card

Filing strip 382650857 · Lacks Enterprises, Inc. PY 2022 · 401(k)

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan · $203M · 2,423 · 96th

  • PART $203M
  • PART 2,423
  • PART 96th
  • PART 401(k)
  • PART near Littelfuse, Inc. 401(k) Retirement and Savings Plan
  • PART ind #19196

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan in the asset neighbourhood

Covia Retirement Savings Plan$203MLacks Enterprises, Inc. Retirement Savings and Profit Sharing PlanLacks Enterprises, Inc. Reti…$203MLittelfuse, Inc. 401(k) Retirement and Savings PlanLittelfuse, Inc. 401(k) Reti…$203MCretex Companies, Inc. 401(k) Profit Sharing PlanCretex Companies, Inc. 401(k…$203MThompson Tractor Co., Inc. Profit Sharing Plan and Trust AgreementThompson Tractor Co., Inc. P…$203M
End-of-year total assets ($M) among Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$257M
Net Assets (End of Year)$203M
Net Income-$54M
Employer EIN382650857
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lacks Enterprises, Inc.)

Sponsor-wide plan assets over time

All Lacks Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$241M 18.29402507009933% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $203M $241M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 2,423 $203M
2023 1 2,292 $224M
2024 1 2,401 $241M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan, Total assets ($B): 0.203367842 · Participants: 2423Lacks Enterprises, Inc. Retirement Savings and Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Littelfuse, Inc. 401(k) Retirement and Savings Plan in IL ($203M); by covered participants it is Kirkland's, Inc. Retirement Plan in TN (2,423 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,423 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan assets move in 2022? ▼
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan declined sharply - down 20.9% during 2022, from $257M to $203M. Reported net income was -$54M.
How have Lacks Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lacks Enterprises, Inc.'s sponsor-wide assets grew 18.3%, from $203M to $241M.
Where does Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Littelfuse, Inc. 401(k) Retirement and Savings Plan in IL ($203M, 698 participants).
Which 401(k) plans cover a similar participant headcount to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kirkland's, Inc. Retirement Plan in TN (2,423 participants, $26M in assets).