401(k) · DOL Form 5500 · 2022

Leco Corporation 401(k) Plan

Data updated 2026-08-11

$128M
Total assets
696
Participants
94th
Percentile by assets
$183,637
Avg per participant
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Official DOL plan name: Leco Corporation 401(k) Retirement Plan · Sponsored by Leco Corporation · Michigan · Manufacturing

$128M in assets, 696 participants

Leco Corporation's Leco Corporation 401(k) Retirement Plan reported $128M in total assets and 696 participants in its 2022 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 139,126 plans)
  • #18,683 in Manufacturing (20,602 peers)

Where Leco Corporation 401(k) Retirement Plan sits by assets

Leco Corporation 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $128M for 696 participants (~$183,637/participant), down 17.2% in 2022.

$128M
total plan assets (2022 EOY)
696
covered participants
94th
percentile by assets (of 139,126 plans)
$183,637
avg assets per participant

The plan reported a net loss of $27M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Leco Corporation 401(k) Retirement Plan sits by total assets

Leco Corporation 401(k) Retirement Plan vs every filed plan by assets

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

$127,811,163 Top 6% higher than 94% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Michigan
Industry
Manufacturing

Leco Corporation 401(k) Retirement Plan vs the 2022 asset distribution

By assets, Leco Corporation 401(k) Retirement Plan outranks 94% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$154M
Net Assets (End of Year)$128M
Net Income-$27M
Employer EIN380738518
Plan Effective Date1977-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Leco Corporation)

$120M$130M$140M$150M$160M 202220232024 $128M $154M ▲ +20.6%
Total plan assets by year, all Leco Corporation plans on file
Year Plans Participants Total Assets
2022 1 696 $128M
2023 1 729 $140M
2024 1 784 $154M

Nearby 401(k) Plans in Michigan

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

Leco Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Leco Corporation 401…, Total assets ($B): 0.127811163 · Participants: 696Leco Corporation 401…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Leco Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Leco Corporation 401(k) Retirement Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Leco Corporation 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Leco Corporation 401(k) Retirement Plan assets move in 2022? ▼
Leco Corporation 401(k) Retirement Plan declined sharply - down 17.2% during 2022, from $154M to $128M. Reported net income was -$27M.
How have Leco Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Leco Corporation's sponsor-wide assets grew 20.6%, from $128M to $154M.
Where does Leco Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Leco Corporation 401(k) Retirement Plan ranks in the 94th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Leco Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ig Design Group Americas Inc. 401(k) Plan in PA ($128M, 1,766 participants).

Next read for Leco Corporation 401(k) Retirement Plan

Scale reading

Ways to act on Leco Corporation 401(k) Retirement Plan's numbers.

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 380738518.

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.