401(k) · DOL Form 5500 · 2022

Lomar Machine & Tool Co. 401(k) Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
99
Participants Small participant base
78th
Percentile by assets National rank
$211,484
Avg per participant Above avg balance/head
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Official DOL plan name: Lomar Machine & Tool Co. Savings Plan · Sponsored by Lomar Machine & Tool Co. · Michigan · Manufacturing

$21M in assets, 99 participants

Lomar Machine & Tool Co.'s Lomar Machine & Tool Co. Savings Plan reported $21M in total assets and 99 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #14,228 in Manufacturing (20,602 peers)

Where Lomar Machine & Tool Co. Savings Plan sits by assets

Lomar Machine & Tool Co. Savings Plan sits in the top quartile of all filed plans by assets, $21M for 99 participants (~$211,484/participant), up 11.8% in 2022.

#14,228
in Manufacturing (20,602 peers)
+11.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Lomar Machine & Tool Co. Savings Plan's outsized position by total assets

Lomar Machine & Tool Co. Savings Plan vs every filed plan by assets

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

$20,936,963 Top 22% higher than 78% 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

Lomar Machine & Tool Co. Savings Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lomar Machine & Tool Co. Savings Plan is a small filing (99 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 382216849 · Lomar Machine & Tool Co. PY 2022 · 401(k)

Lomar Machine & Tool Co. Savings Plan · $21M · 99 · 78th

  • BOOK $21M
  • VS-ST 99
  • BOY 78th
  • SCH 401(k)
  • EBSA near Procaps Laboratories, Inc. 401(k) Plan
  • PART ind #14228

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 Michigan →

Lomar Machine & Tool Co. Savings Plan in the asset neighbourhood

Lomar Machine & Tool Co. Savings PlanLomar Machine & Tool Co. Sav…$21MProcaps Laboratories, Inc. 401(k) PlanProcaps Laboratories, Inc. 4…$21MKaufman Container Employees 401(k) Savings PlanKaufman Container Employees …$21MLockwood Industries, LLC 401(k) PlanLockwood Industries, LLC 401…$21MBpc Corporation 401(k) Plan$21M
End-of-year total assets ($M) among Lomar Machine & Tool Co. Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$21M
Net Income$2M
Employer EIN382216849
Plan Effective Date1983-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lomar Machine & Tool Co.)

Sponsor-wide plan assets over time

All Lomar Machine & Tool Co. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 5.322801592570995% vs 2022
2024 filing year
$19M$20M$21M$22M$23M$24M 202220232024 $20.9M $19.8M ▼ -5.3%
Year Plans Participants Total Assets
2022 1 99 $21M
2023 1 98 $23M
2024 1 94 $20M

Nearby 401(k) Plans in Michigan

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

Lomar Machine & Tool Co. Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Lomar Machine & Tool Co. Savings Plan, Total assets ($B): 0.020936963 · Participants: 99Lomar Machine & Tool Co. Savings 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
Lomar Machine & Tool Co. Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lomar Machine & Tool Co. Savings Plan side-by-side with 3 peers →

Lomar Machine & Tool Co. Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Procaps Laboratories, Inc. 401(k) Plan in NV ($21M); by covered participants it is Osco 401(k) Plan in OH (99 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($21M here).

Similar participant headcount

Nearest other-state filings by covered participants (99 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 Lomar Machine & Tool Co. Savings Plan assets move in 2022? ▼
Lomar Machine & Tool Co. Savings Plan grew at a solid clip - up 11.8% during 2022, from $19M to $21M. Reported net income was $2M.
How have Lomar Machine & Tool Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lomar Machine & Tool Co.'s sponsor-wide assets declined 5.3%, from $21M to $20M.
Where does Lomar Machine & Tool Co. Savings Plan rank by assets among Form 5500 filers? ▼
Lomar Machine & Tool Co. Savings Plan ranks in the 78th 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 Lomar Machine & Tool Co. Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Procaps Laboratories, Inc. 401(k) Plan in NV ($21M, 343 participants).
Which 401(k) plans cover a similar participant headcount to Lomar Machine & Tool Co. Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Osco 401(k) Plan in OH (99 participants, $15M 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 382216849.

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.