401(k) · DOL Form 5500 · 2022
L&m Companies, Inc. 401(k) Plan
Data updated 2026-08-11
- $39M
- Total assets
- 228
- Participants
- 86th
- Percentile by assets
- $171,468
- Avg per participant
Official DOL plan name: L&m Family of Companies 401(k) and Profit Sharing Plan · Sponsored by L&m Companies, Inc. · North Carolina · Wholesale Trade
$39M in assets, 228 participants
L&m Companies, Inc.'s L&m Family of Companies 401(k) and Profit Sharing Plan reported $39M in total assets and 228 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.
- 86th percentile by assets (of 139,126 plans)
- #5,922 in Wholesale Trade (6,843 peers)
Coverage in North Carolina
L&m Family of Companies 401(k) and Profit Sharing Plan covers 228 participants in North Carolina, about 28% of the average North Carolina filer (state average ~819 per filing). Assets: $39M.
- $39M
- total plan assets (2022 EOY)
- 228
- covered participants
- 86th
- percentile by assets (of 139,126 plans)
- $171,468
- avg assets per participant
The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where L&m Family of Companies 401(k) and Profit Sharing Plan sits by total assets
L&m Family of Companies 401(k) and Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$39,094,757 Top 14% higher than 86% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Participants vs North Carolina filers
In North Carolina, the average filing covers about 819 participants across 3,515 plans. L&m Family of Companies 401(k) and Profit Sharing Plan reports 228 participants - about 28% of that state average ($39M EOY assets).
North Carolina filing particulars
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $39M |
| Net Income | -$6M |
| Employer EIN | 560811549 |
| Plan Effective Date | 1972-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (L&m Companies, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 228 | $39M |
| 2023 | 1 | 210 | $46M |
| 2024 | 1 | 207 | $50M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to L&m Family of Companies 401(k) and Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did L&m Family of Companies 401(k) and Profit Sharing Plan assets move in 2022? ▼
How have L&m Companies, Inc. plan assets changed over time? ▼
Where does L&m Family of Companies 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to L&m Family of Companies 401(k) and Profit Sharing Plan? ▼
Next read for L&m Family of Companies 401(k) and Profi…
Filing takeaways
Ways to act on L&m Family of Companies 401(k) and Profit Sharing Plan's numbers.
- By total assets, L&m Family of Companies 401(k) and Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- L&m Companies, Inc.'s sponsor-wide assets have grown 28.8% since 2022 across 3 plan years on file. More Wholesale Trade plans