401(k) · DOL Form 5500 · 2022

L&m Companies, Inc. 401(k) Plan

Data updated 2026-08-25

$39M
Total assets Below avg plan size
228
Participants Below avg headcount
86th
Percentile by assets National rank
$171,468
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#5,922
in Wholesale Trade (6,843 peers)
-13.9%
assets change YoY
0.4×
vs typical plan assets (national mean)

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.

L&m Family of Companies 401(k) and Profit Sharing Plan's outsized position 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

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

L&m Family of Companies 401(k) and 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. L&m Family of Companies 401(k) and Profit Sharing Plan sits mid-pack in the medium band (228 participants).

Form 5500 schedule snapshot

Filing strip 560811549 · L&m Companies, Inc. PY 2022 · 401(k)

L&m Family of Companies 401(k) and Profit Sharing Plan · $39M · 228 · 86th

  • EBSA $39M
  • EBSA 228
  • EBSA 86th
  • EBSA 401(k)
  • EBSA near Barrett Mcnagny LLP Profit Sharing Plan & Trust
  • EBSA ind #5922

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 North Carolina →

L&m Family of Companies 401(k) and Profit Sharing Plan in the asset neighbourhood

Barrett Mcnagny LLP Profit Sharing Plan & TrustBarrett Mcnagny LLP Profit S…$39MConference of State Bank Supervisors Safe Harbor 401(k) PlanConference of State Bank Sup…$39ML&m Family of Companies 401(k) and Profit Sharing PlanL&m Family of Companies 401(…$39MGolden Valley Electric Association 401(k) PlanGolden Valley Electric Assoc…$39MKidney Specialists of Minnesota, P.a. 401(k) PlanKidney Specialists of Minnes…$39M
End-of-year total assets ($M) among L&m Family of Companies 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Carolina filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$39M
Net Income-$6M
Employer EIN560811549
Plan Effective Date1972-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (L&m Companies, Inc.)

Sponsor-wide plan assets over time

All L&m Companies, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$50M 28.750430652376224% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.1M $50.3M ▲ +28.8%
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.

L&m Family of Companies 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -200204060 Total assets ($B) Participants L&m Family of Companies 401(k) and Profit Sharing Plan, Total assets ($B): 0.039094757 · Participants: 228L&m Family of Companies 401(k) and Profit Sharing PlanThe Bank of America 401(k) Plan, Total assets ($B): 47.134026012 · Participants: 169036The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 14.565715066 · Participants: 39007Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 9.364902 · Participants: 27731Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 8.965353965 · Participants: 51871Truist Financial Corporation 401(k) Savings PlanLowes 401(k) Plan, Total assets ($B): 7.355936526 · Participants: 284864Lowes 401(k) Plan
L&m Family of Companies 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare L&m Family of Companies 401(k) and Profit Sharing Plan side-by-side with 3 peers →

L&m Family of Companies 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Barrett Mcnagny LLP Profit Sharing Plan & Trust in IN ($39M); by covered participants it is Jsi Store Fixtures Employee Savings Plan in ME (228 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (228 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 L&m Family of Companies 401(k) and Profit Sharing Plan assets move in 2022? ▼
L&m Family of Companies 401(k) and Profit Sharing Plan pulled back noticeably - down 13.9% during 2022, from $45M to $39M. Reported net income was -$6M.
How have L&m Companies, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), L&m Companies, Inc.'s sponsor-wide assets grew 28.8%, from $39M to $50M.
Where does L&m Family of Companies 401(k) and Profit Sharing Plan rank by assets among Form 5500 filers? ▼
L&m Family of Companies 401(k) and Profit Sharing 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 L&m Family of Companies 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Barrett Mcnagny LLP Profit Sharing Plan & Trust in IN ($39M, 76 participants).
Which 401(k) plans cover a similar participant headcount to L&m Family of Companies 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Jsi Store Fixtures Employee Savings Plan in ME (228 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 560811549.

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.