401(k) · DOL Form 5500 · 2022

Lg Energy Solution Michigan, Inc. 401(k) Plan

Data updated 2026-08-11

$42M
Total assets
1,667
Participants
86th
Percentile by assets
$24,928
Avg per participant
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Official DOL plan name: Lg Energy Solution Michigan, Inc. 401(k) Plan · Sponsored by Lg Energy Solution Michigan, Inc. · Michigan · Manufacturing

$42M in assets, 1,667 participants

Lg Energy Solution Michigan, Inc.'s Lg Energy Solution Michigan, Inc. 401(k) Plan reported $42M in total assets and 1,667 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)
  • #16,511 in Manufacturing (20,602 peers)

Coverage in Michigan

Lg Energy Solution Michigan, Inc. 401(k) Plan covers 1,667 participants in Michigan, 2.6x the typical Michigan plan (state average ~638 per filing). Assets: $42M.

$42M
total plan assets (2022 EOY)
1,667
covered participants
86th
percentile by assets (of 139,126 plans)
$24,928
avg assets per participant

Where Lg Energy Solution Michigan, Inc. 401(k) Plan sits by total assets

Lg Energy Solution Michigan, Inc. 401(k) Plan vs every filed plan by assets

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

$41,555,770 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Lg Energy Solution Michigan, Inc. 401(k) Plan reports 1,667 participants - 2.6x that state average ($42M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$42M
Net Income$4M
Employer EIN841563669
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lg Energy Solution Michigan, Inc.)

$30M$40M$50M$60M$70M 202220232024 $41.6M $65.7M ▲ +58.0%
Total plan assets by year, all Lg Energy Solution Michigan, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,667 $42M
2023 1 3,305 $65M
2024 1 4,541 $66M

Nearby 401(k) Plans in Michigan

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

Lg Energy Solution Michigan, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Lg Energy Solution M…, Total assets ($B): 0.04155577 · Participants: 1667Lg Energy Solution M…General Motors Retir…, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Com…The General Motors P…, Total assets ($B): 7.545889119 · Participants: 40458The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-E…
Lg Energy Solution Michigan, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lg Energy Solution Michigan, Inc. 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Lg Energy Solution Michigan, Inc. 401(k) Plan assets move in 2022?
Lg Energy Solution Michigan, Inc. 401(k) Plan grew at a solid clip - up 11.5% during 2022, from $37M to $42M. Reported net income was $4M.
How have Lg Energy Solution Michigan, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lg Energy Solution Michigan, Inc.'s sponsor-wide assets grew 58.0%, from $42M to $66M.
Where does Lg Energy Solution Michigan, Inc. 401(k) Plan rank by assets among Form 5500 filers?
Lg Energy Solution Michigan, Inc. 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 Lg Energy Solution Michigan, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Mission Cancer + Blood 401(k) Plan in IA ($42M, 232 participants).

Next read for Lg Energy Solution Michigan, Inc. 401(k)…

Filing takeaways

Ways to act on Lg Energy Solution Michigan, Inc. 401(k) Plan's numbers.

  • By total assets, Lg Energy Solution Michigan, Inc. 401(k) 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 Michigan. Compare plans
  • Lg Energy Solution Michigan, Inc.'s sponsor-wide assets have grown 58.0% since 2022 across 3 plan years on file. More Manufacturing plans