401(k) · DOL Form 5500 · 2022

Lake Trust Credit Union 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
447
Participants Below avg headcount
86th
Percentile by assets National rank
$87,560
Avg per participant Below avg balance/head
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Official DOL plan name: Lake Trust Credit Union 401(k) Plan · Sponsored by Lake Trust Credit Union · Michigan · Finance & Insurance

$39M in assets, 447 participants

Lake Trust Credit Union's Lake Trust Credit Union 401(k) Plan reported $39M in total assets and 447 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #7,145 in Finance & Insurance (9,261 peers)

Where Lake Trust Credit Union 401(k) Plan sits by assets

Lake Trust Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $39M for 447 participants (~$87,560/participant), down 15.4% in 2022.

#7,145
in Finance & Insurance (9,261 peers)
-15.4%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lake Trust Credit Union 401(k) Plan's outsized position by total assets

Lake Trust Credit Union 401(k) Plan vs every filed plan by assets

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

$39,139,413 Top 14% higher than 86% 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

Lake Trust Credit Union 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. Lake Trust Credit Union 401(k) Plan sits mid-pack in the medium band (447 participants).

Published 5500 schedule card

Filing strip 381250516 · Lake Trust Credit Union PY 2022 · 401(k)

Lake Trust Credit Union 401(k) Plan · $39M · 447 · 86th

  • ASSETS $39M
  • PCT 447
  • EIN 86th
  • RANK 401(k)
  • PHOTO near O'neal, Inc. 401(k) Plan and Trust
  • IND ind #7145

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 Finance & Insurance retirement plans → · Plans in Michigan →

Lake Trust Credit Union 401(k) Plan in the asset neighbourhood

Richards Building Supply Co. Profit Sharing PlanRichards Building Supply Co.…$39MLake Trust Credit Union 401(k) PlanLake Trust Credit Union 401(…$39MO'neal, Inc. 401(k) Plan and TrustO'neal, Inc. 401(k) Plan and…$39MScherer Bros Lumber Co 401(k) Profit Sharing PlanScherer Bros Lumber Co 401(k…$39MAgri Profit Sharing Plan$39M
End-of-year total assets ($M) among Lake Trust Credit Union 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)$46M
Net Assets (End of Year)$39M
Net Income-$7M
Employer EIN381250516
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Trust Credit Union)

Sponsor-wide plan assets over time

All Lake Trust Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$53M 35.42755993811149% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.1M $53M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 447 $39M
2023 1 473 $48M
2024 1 468 $53M

Nearby 401(k) Plans in Michigan

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

Lake Trust Credit Union 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Lake Trust Credit Union 401(k) Plan, Total assets ($B): 0.039139413 · Participants: 447Lake Trust Credit Union 401(k) 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
Lake Trust Credit Union 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lake Trust Credit Union 401(k) Plan side-by-side with 3 peers →

Lake Trust Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is O'neal, Inc. 401(k) Plan and Trust in SC ($39M); by covered participants it is Bakersfield Heart Hospital 401(k) Plan in CA (447 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($39M here).

Similar participant headcount

Nearest other-state filings by covered participants (447 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 Lake Trust Credit Union 401(k) Plan assets move in 2022? ▼
Lake Trust Credit Union 401(k) Plan declined sharply - down 15.4% during 2022, from $46M to $39M. Reported net income was -$7M.
How have Lake Trust Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Trust Credit Union's sponsor-wide assets grew 35.4%, from $39M to $53M.
Where does Lake Trust Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Lake Trust Credit Union 401(k) Plan ranks in the 86th 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 Lake Trust Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is O'neal, Inc. 401(k) Plan and Trust in SC ($39M, 216 participants).
Which 401(k) plans cover a similar participant headcount to Lake Trust Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Bakersfield Heart Hospital 401(k) Plan in CA (447 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 381250516.

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.