401(k) · DOL Form 5500 · 2022

Lake State Railway Company 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
124
Participants Small participant base
54th
Percentile by assets National rank
$47,741
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lake State Railway Company 401(k) Profit Sharing Plan · Sponsored by Lake State Railway Company · Michigan · Transportation & Warehousing

$6M in assets, 124 participants

Lake State Railway Company's Lake State Railway Company 401(k) Profit Sharing Plan reported $6M in total assets and 124 participants in its 2022 DOL Form 5500 filing, ranking in the 54th 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.

  • #2,202 in Transportation & Warehousing (3,876 peers)

Coverage in Michigan

Lake State Railway Company 401(k) Profit Sharing Plan covers 124 participants in Michigan, about 19% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#2,202
in Transportation & Warehousing (3,876 peers)
-12.9%
assets change YoY

The plan reported a net loss of $879K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lake State Railway Company 401(k) Profit Sharing Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Lake State Railway Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,919,855 Top 46% higher than 54% 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 State Railway Company 401(k) Profit Sharing 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 State Railway Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (124 participants).

Published 5500 schedule card

Filing strip 383023096 · Lake State Railway Company PY 2022 · 401(k)

Lake State Railway Company 401(k) Profit Sharing Plan · $6M · 124 · 54th

  • ASSETS $6M
  • PCT 124
  • EIN 54th
  • RANK 401(k)
  • PHOTO near Jem Technical 401(k) & Profit Sharing Plan
  • IND ind #2202

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Lake State Railway Company 401(k) Profit Sharing Plan in the asset neighbourhood

Lake State Railway Company 401(k) Profit Sharing PlanLake State Railway Company 4…$6MJem Technical 401(k) & Profit Sharing PlanJem Technical 401(k) & Profi…$6MTr Apparel, LLC 401(k) Plan$6MGlooko 401(k) Plan$6MCortec Precision Sheetmetal Inc. 401(k) PlanCortec Precision Sheetmetal …$6M
End-of-year total assets ($M) among Lake State Railway Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$6M
Net Income-$879K
Employer EIN383023096
Plan Effective Date1992-02-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake State Railway Company)

Sponsor-wide plan assets over time

All Lake State Railway Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 48.47324807786677% vs 2022
2024 filing year
$5M$6M$7M$8M$9M$10M 202220232024 $5.92M $8.79M ▲ +48.5%
Year Plans Participants Total Assets
2022 1 124 $6M
2023 1 124 $8M
2024 1 139 $9M

Nearby 401(k) Plans in Michigan

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

Lake State Railway Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Lake State Railway Company 401(k) Profit Sharing Plan, Total assets ($B): 0.005919855 · Participants: 124Lake State Railway Company 401(k) Profit Sharing 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 State Railway Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lake State Railway Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Lake State Railway Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Jem Technical 401(k) & Profit Sharing Plan in MN ($6M); by covered participants it is Mp Biomedicals, Inc. Retirement Savings Plan in CA (124 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($6M here).

Similar participant headcount

Nearest other-state filings by covered participants (124 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 State Railway Company 401(k) Profit Sharing Plan assets move in 2022? ▼
Lake State Railway Company 401(k) Profit Sharing Plan pulled back noticeably - down 12.9% during 2022, from $7M to $6M. Reported net income was -$879K.
How have Lake State Railway Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake State Railway Company's sponsor-wide assets grew 48.5%, from $6M to $9M.
Which 401(k) plans are similar in size to Lake State Railway Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jem Technical 401(k) & Profit Sharing Plan in MN ($6M, 88 participants).
Which 401(k) plans cover a similar participant headcount to Lake State Railway Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mp Biomedicals, Inc. Retirement Savings Plan in CA (124 participants, $9M 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 383023096.

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.