401(k) · DOL Form 5500 · 2022

Lc Industries 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
673
Participants Below avg headcount
89th
Percentile by assets National rank
$86,221
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lc Industries Surplus Sharing & 401(k) Plan · Sponsored by Lc Industries · North Carolina · Manufacturing

$58M in assets, 673 participants

Lc Industries's Lc Industries Surplus Sharing & 401(k) Plan reported $58M in total assets and 673 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #17,307 in Manufacturing (20,602 peers)

Where Lc Industries Surplus Sharing & 401(k) Plan sits by assets

Lc Industries Surplus Sharing & 401(k) Plan sits in the top quartile of all filed plans by assets, $58M for 673 participants (~$86,221/participant), down 14.2% in 2022.

#17,307
in Manufacturing (20,602 peers)
-14.2%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lc Industries Surplus Sharing & 401(k) Plan's outsized position by total assets

Lc Industries Surplus Sharing & 401(k) Plan vs every filed plan by assets

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

$58,027,018 Top 11% higher than 89% 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

Lc Industries Surplus Sharing & 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lc Industries Surplus Sharing & 401(k) Plan sits mid-pack in the medium band (673 participants).

Form 5500 schedule snapshot

Filing strip 560686307 · Lc Industries PY 2022 · 401(k)

Lc Industries Surplus Sharing & 401(k) Plan · $58M · 673 · 89th

  • RANK $58M
  • PHOTO 673
  • IND 89th
  • EOY 401(k)
  • 5500 near Hashicorp Inc. 401(k) Profit Sharing Plan and Trust
  • ASSETS ind #17307

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 North Carolina →

Lc Industries Surplus Sharing & 401(k) Plan in the asset neighbourhood

Lc Industries Surplus Sharing & 401(k) PlanLc Industries Surplus Sharin…$58MHashicorp Inc. 401(k) Profit Sharing Plan and TrustHashicorp Inc. 401(k) Profit…$58MEmplicity 401(k) Retirement Savings PlanEmplicity 401(k) Retirement …$58MAntero Resources Corporation 401(k) PlanAntero Resources Corporation…$58MCo-Op 401(k) Plan$58M
End-of-year total assets ($M) among Lc Industries Surplus Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$68M
Net Assets (End of Year)$58M
Net Income-$10M
Employer EIN560686307
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lc Industries)

Sponsor-wide plan assets over time

All Lc Industries plans reported in each filing year

Latest sponsor-wide plan assets
$63M 8.180168762075626% vs 2022
2024 filing year
$56M$58M$60M$62M$64M$66M 202220232024 $58M $62.8M ▲ +8.2%
Year Plans Participants Total Assets
2022 1 673 $58M
2023 1 670 $64M
2024 1 786 $63M

Nearby 401(k) Plans in North Carolina

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

Lc Industries Surplus Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants Lc Industries Surplus Sharing & 401(k) Plan, Total assets ($B): 0.058027018 · Participants: 673Lc Industries Surplus Sharing & 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
Lc Industries Surplus Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Lc Industries Surplus Sharing & 401(k) Plan side-by-side with 3 peers →

Lc Industries Surplus Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Hashicorp Inc. 401(k) Profit Sharing Plan and Trust in CA ($58M); by covered participants it is Pinterest 401(k) Plan in CA (673 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($58M here).

Similar participant headcount

Nearest other-state filings by covered participants (673 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 Lc Industries Surplus Sharing & 401(k) Plan assets move in 2022? ▼
Lc Industries Surplus Sharing & 401(k) Plan pulled back noticeably - down 14.2% during 2022, from $68M to $58M. Reported net income was -$10M.
How have Lc Industries plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lc Industries's sponsor-wide assets grew 8.2%, from $58M to $63M.
Where does Lc Industries Surplus Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
Lc Industries Surplus Sharing & 401(k) Plan ranks in the 89th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lc Industries Surplus Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hashicorp Inc. 401(k) Profit Sharing Plan and Trust in CA ($58M, 1,088 participants).
Which 401(k) plans cover a similar participant headcount to Lc Industries Surplus Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pinterest 401(k) Plan in CA (673 participants, $25M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560686307.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.