401(k) · DOL Form 5500 · 2022
Lacks Enterprises, Inc. 401(k) Plan
Data updated 2026-08-11
- $203M
- Total assets
- 2,423
- Participants
- 96th
- Percentile by assets
- $83,932
- Avg per participant
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.
- 96th percentile by assets (of 139,126 plans)
- #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.
- $203M
- total plan assets (2022 EOY)
- 2,423
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $83,932
- avg assets per participant
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.
Participants vs Michigan filers
In Michigan, the average filing covers about 638 participants across 4,220 plans. Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reports 2,423 participants - 3.8x that state average ($203M EOY assets).
Michigan filing particulars
| Total Assets (Beginning of Year) | $257M |
|---|---|
| Net Assets (End of Year) | $203M |
| Net Income | -$54M |
| Employer EIN | 382650857 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lacks Enterprises, Inc.)
| 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
- General Motors Retirement Savings Plan for Salaried Employees in the United States $18.1B · 43,382
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $13.8B · 32,974
- The Dow Chemical Company Employees' Savings Plan $9.3B · 16,930
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $7.5B · 40,458
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $6.4B · 57,811
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan by total assets, not by location.
- Littelfuse, Inc. 401(k) Retirement and Savings Plan (IL) $203M · 698
- Cretex Companies, Inc. 401(k) Profit Sharing Plan (MN) $203M · 2,278
- Thompson Tractor Co., Inc. Profit Sharing Plan and Trust Agreement (AL) $203M · 1,436
- Covia Retirement Savings Plan (OH) $203M · 1,404
Frequently Asked Questions
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Filing takeaways
Ways to act on Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's numbers.
- By total assets, Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Lacks Enterprises, Inc.'s sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Manufacturing plans