401(k) · DOL Form 5500 · 2022

M. Lipsitz & Co. Ltd. 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets
242
Participants Below avg headcount
75th
Percentile by assets National rank
$69,851
Avg per participant Below avg balance/head
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Official DOL plan name: Lipsitz Industries Employees Profit Sharing Plan and Trust · Sponsored by M. Lipsitz & Co. Ltd. · Texas · Wholesale Trade

$17M in assets, 242 participants

M. Lipsitz & Co. Ltd.'s Lipsitz Industries Employees Profit Sharing Plan and Trust reported $17M in total assets and 242 participants in its 2022 DOL Form 5500 filing, ranking in the 75th 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.

  • #4,871 in Wholesale Trade (6,843 peers)

Coverage in Texas

Lipsitz Industries Employees Profit Sharing Plan and Trust covers 242 participants in Texas, about 35% of the average Texas filer (state average ~688 per filing). Assets: $17M.

#4,871
in Wholesale Trade (6,843 peers)
-14.4%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lipsitz Industries Employees Profit Sharing Plan and Trust's outsized position by total assets

Lipsitz Industries Employees Profit Sharing Plan and Trust vs every filed plan by assets

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

$16,903,952 Top 25% higher than 75% 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

Lipsitz Industries Employees Profit Sharing Plan and Trust 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. Lipsitz Industries Employees Profit Sharing Plan and Trust sits mid-pack in the medium band (242 participants).

EBSA filing schedule strip

Filing strip 741474940 · M. Lipsitz & Co. Ltd. PY 2022 · 401(k)

Lipsitz Industries Employees Profit Sharing Plan and Trust · $17M · 242 · 75th

  • BOOK $17M
  • BOOK 242
  • BOOK 75th
  • BOOK 401(k)
  • BOOK near Chroma Color Corporation 401(k) Plan
  • BOOK ind #4871

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 Wholesale Trade retirement plans → · Plans in Texas →

Lipsitz Industries Employees Profit Sharing Plan and Trust in the asset neighbourhood

Metcut Research Associates Inc. Incentive Savings PlanMetcut Research Associates I…$17MLipsitz Industries Employees Profit Sharing Plan and TrustLipsitz Industries Employees…$17MChroma Color Corporation 401(k) PlanChroma Color Corporation 401…$17MPremium Inspection Mgmt Serv Inc 401(k) PlanPremium Inspection Mgmt Serv…$17MClear Peo, LLC 401(k) Savings PlanClear Peo, LLC 401(k) Saving…$17M
End-of-year total assets ($M) among Lipsitz Industries Employees Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$17M
Net Income-$3M
Employer EIN741474940
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M. Lipsitz & Co. Ltd.)

Sponsor-wide plan assets over time

All M. Lipsitz & Co. Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 15.603895467758072% vs 2022
2024 filing year
$16M$17M$18M$19M$20M 202220232024 $16.9M $19.5M ▲ +15.6%
Year Plans Participants Total Assets
2022 1 242 $17M
2023 1 249 $18M
2024 1 252 $20M

Nearby 401(k) Plans in Texas

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

Lipsitz Industries Employees Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Lipsitz Industries Employees Profit Sharing Plan and Trust, Total assets ($B): 0.016903952 · Participants: 242Lipsitz Industries Employees Profit Sharing Plan and TrustAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Lipsitz Industries Employees Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Lipsitz Industries Employees Profit Sharing Plan and Trust side-by-side with 3 peers →

Lipsitz Industries Employees Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Chroma Color Corporation 401(k) Plan in IL ($17M); by covered participants it is Zenefits 401(k) Plan in CA (242 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (242 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 Lipsitz Industries Employees Profit Sharing Plan and Trust assets move in 2022? ▼
Lipsitz Industries Employees Profit Sharing Plan and Trust pulled back noticeably - down 14.4% during 2022, from $20M to $17M. Reported net income was -$3M.
How have M. Lipsitz & Co. Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M. Lipsitz & Co. Ltd.'s sponsor-wide assets grew 15.6%, from $17M to $20M.
Where does Lipsitz Industries Employees Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Lipsitz Industries Employees Profit Sharing Plan and Trust ranks in the 75th 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 Lipsitz Industries Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Chroma Color Corporation 401(k) Plan in IL ($17M, 455 participants).
Which 401(k) plans cover a similar participant headcount to Lipsitz Industries Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Zenefits 401(k) Plan in CA (242 participants, N/A 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 741474940.

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.