401(k) · DOL Form 5500 · 2022

Lower Foods, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
160
Participants Small participant base
31st
Percentile by assets National rank
$10,093
Avg per participant Low balance/head
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Official DOL plan name: Lower Foods 401(k) Plan · Sponsored by Lower Foods, Inc. · Utah · Manufacturing

$2M in assets, 160 participants

Lower Foods, Inc.'s Lower Foods 401(k) Plan reported $2M in total assets and 160 participants in its 2022 DOL Form 5500 filing, ranking in the 31st 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.

  • #3,133 in Manufacturing (20,602 peers)

Coverage in Utah

Lower Foods 401(k) Plan covers 160 participants in Utah, about 27% of the average Utah filer (state average ~592 per filing). Assets: $2M.

#3,133
in Manufacturing (20,602 peers)
+8.2%
assets growth YoY

Lower Foods 401(k) Plan among the smaller filed plans by assets

Lower Foods 401(k) Plan vs every filed plan by assets

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

$1,614,831 31st percentile higher than 31% 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

Lower Foods 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. Lower Foods 401(k) Plan sits mid-pack in the medium band (160 participants).

Plan-year Form 5500 strip

Filing strip 870467234 · Lower Foods, Inc. PY 2022 · 401(k)

Lower Foods 401(k) Plan · $2M · 160 · 31st

  • BOY $2M
  • SCH 160
  • EBSA 31st
  • PART 401(k)
  • TYPE near Cg Business Mangement LLC 401(k) Profit Sharing Plan
  • NET ind #3133

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 Manufacturing retirement plans → · Plans in Utah →

Lower Foods 401(k) Plan in the asset neighbourhood

Lower Foods 401(k) Plan$2MCg Business Mangement LLC 401(k) Profit Sharing PlanCg Business Mangement LLC 40…$2MMangini Family Enterprises, Inc. Profit Sharing PlanMangini Family Enterprises, …$2MSwift Supply 401(k) Retirement Investment PlanSwift Supply 401(k) Retireme…$2MAmerican Tank Co Inc 401(k) Profit Sharing PlanAmerican Tank Co Inc 401(k) …$2M
End-of-year total assets ($M) among Lower Foods 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Utah filing particulars

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$122K
Employer EIN870467234
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lower Foods, Inc.)

Sponsor-wide plan assets over time

All Lower Foods, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$0.5M$1M$1.5M$2M 20222024 $1.61M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 160 $2M
2024 1 245 N/A

Nearby 401(k) Plans in Utah

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

Lower Foods 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Lower Foods 401(k) Plan, Total assets ($B): 0.001614831 · Participants: 160Lower Foods 401(k) PlanDeseret 401(k) Plan, Total assets ($B): 4.66432779 · Participants: 23455Deseret 401(k) PlanIntermountain Healthcare Savings Plus 401(k) Plan, Total assets ($B): 3.594057 · Participants: 42446Intermountain Healthcare Savings Plus 401(k) PlanZions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership Plan, Total assets ($B): 1.478809721 · Participants: 9870Zions Bancorporation, N.a. Payshelter 401(k) and Employee Stock Ownership PlanSkywest, Inc. Employees' Retirement Plan, Total assets ($B): 0.951734159 · Participants: 16878Skywest, Inc. Employees' Retirement PlanAutoliv Asp, Inc. Employee Savings and Investment Plan, Total assets ($B): 0.588382505 · Participants: 4068Autoliv Asp, Inc. Employee Savings and Investment Plan
Lower Foods 401(k) Plan vs. nearby 401(k) plans in Utah, assets vs. participants

Lower Foods 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Utah, the nearest 401(k) by assets is Cg Business Mangement LLC 401(k) Profit Sharing Plan in CT ($2M); by covered participants it is Apple Care, LLC 401(k) Plan in GA (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Lower Foods 401(k) Plan assets move in 2022?
Lower Foods 401(k) Plan grew at a solid clip - up 8.2% during 2022, from $1M to $2M. Reported net income was $122K.
Which 401(k) plans are similar in size to Lower Foods 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Cg Business Mangement LLC 401(k) Profit Sharing Plan in CT ($2M, 122 participants).
Which 401(k) plans cover a similar participant headcount to Lower Foods 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Apple Care, LLC 401(k) Plan in GA (160 participants, N/A in assets).