401(k) · DOL Form 5500 · 2023

Lease Corporation of America 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets: 62
Participants Small participant base: 44th
Percentile by assets National rank: $79,580
Avg per participant Below avg balance/head

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Official DOL plan name: Lease Corporation of America 401(k) Plan and Trust · Sponsored by Lease Corporation of America · Michigan · Finance & Insurance

$5M in assets, 62 participants

Lease Corporation of America's Lease Corporation of America 401(k) Plan and Trust reported $5M in total assets and 62 participants in its 2023 DOL Form 5500 filing, ranking in the 44th 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.

#2,767 in Finance & Insurance (8,869 peers)

Lease Corporation of America multi-year trail

Lease Corporation of America's plans moved -11.4% in assets from 2022 to 2024; this filing shows Lease Corporation of America 401(k) Plan and Trust at $5M / 62 participants.

#2,767
in Finance & Insurance (8,869 peers): +0.4%
assets growth YoY

Lease Corporation of America 401(k) Plan and Trust's mid-pack asset rank among Finance & Insurance and all filers

Lease Corporation of America 401(k) Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$4,933,985 44th percentile higher than 44% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Lease Corporation of America 401(k) Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lease Corporation of America 401(k) Plan and Trust is a small filing (62 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Lease Corporation of America 401(k) Plan and Trust reported net income rose from -$1M in the plan year 2022 filing to $18K in the plan year 2023 filing.
Lease Corporation of America 401(k) Plan and Trust reported participants rose from 60 in the plan year 2022 filing to 62 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 382807121 · Lease Corporation of America PY 2023 · 401(k)

Lease Corporation of America 401(k) Plan and Trust · $5M · 62 · 44th

PHOTO $5M
PHOTO 62
PHOTO 44th
PHOTO 401(k)
PHOTO near Aquafil USA, Inc. 401(k) Plan
PHOTO ind #2767

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 Finance & Insurance retirement plans → · Plans in Michigan →

End-of-year total assets ($M) among Lease Corporation of America 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Lease Corporation of America multi-year asset trail

Latest sponsor-wide plan assets: $4M 11.448360734935898% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	60	$5M
2023	1	62	$5M
2024	1	45	$4M

Lease Corporation of America filing trail (2023)

Total Assets (Beginning of Year)	$5M
Net Assets (End of Year)	$5M
Net Income	$18K
Employer EIN	382807121
Plan Effective Date	1999-03-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Lease Corporation of America 401(k) Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants

General Motors Retirement Savings Plan for Salaried Employees in the United States $20.4B · 47,299
Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $15.6B · 30,516
The Dow Chemical Company Employees' Savings Plan $10.1B · 18,088
The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $8.6B · 40,393
Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $7.6B · 59,195

Compare Lease Corporation of America 401(k) Plan and Trust side-by-side with 3 peers →

Lease Corporation of America 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Aquafil USA, Inc. 401(k) Plan in GA ($5M); by covered participants it is Gemtech Industries, Inc. 401(k) Plan in CA (62 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($5M here).

Aquafil USA, Inc. 401(k) Plan (GA) $5M · 401
Salzgitter Mannesmann Stainless Tubes USA, Inc. 401(k) Plan (TX) $5M · 80
Cpcwa Co Lllp 401(k) Profit Sharing Plan & Trust (TX) $5M · 70
Marbridge Foundation 401(k) Plan (TX) $5M · 266

Similar participant headcount

Nearest other-state filings by covered participants (62 participants); asset peers above are excluded.

Gemtech Industries, Inc. 401(k) Plan (CA) 62 · 0 off
Solidstate Controls, Inc. Hourly Employees' (Cwa) Retirement Plan (PA) 62 · 0 off
Nueces County Women's Clinic, P.a. Employees 401(k) Plan (TX) 62 · 0 off
Columbia Steel Casting Co. , Inc. 401(k) Plan (OR) 62 · 0 off

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lease Corporation of America 401(k) Plan and Trust assets move in 2023? ▼

Lease Corporation of America 401(k) Plan and Trust held essentially flat - up 0.4% during 2023, from $5M to $5M. Reported net income was $18K.

How have Lease Corporation of America plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lease Corporation of America's sponsor-wide assets declined 11.4%, from $5M to $4M.

Which 401(k) plans are similar in size to Lease Corporation of America 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is Aquafil USA, Inc. 401(k) Plan in GA ($5M, 401 participants).

Which 401(k) plans cover a similar participant headcount to Lease Corporation of America 401(k) Plan and Trust? ▼

Among 401(k) plans in other states, the closest by covered participants is Gemtech Industries, Inc. 401(k) Plan in CA (62 participants, $800K in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382807121.