401(k) · DOL Form 5500 · 2023

Lorensen Enterprises Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
180
Participants Small participant base
56th
Percentile by assets National rank
$48,438
Avg per participant Low balance/head
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Official DOL plan name: Lorensen Enterprises Inc. 401(k) Psp & Trust · Sponsored by Lorensen Enterprises Inc. · Connecticut · Retail Trade

$9M in assets, 180 participants

Lorensen Enterprises Inc.'s Lorensen Enterprises Inc. 401(k) Psp & Trust reported $9M in total assets and 180 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #5,563 in Retail Trade (8,414 peers)

Coverage in Connecticut

Lorensen Enterprises Inc. 401(k) Psp & Trust covers 180 participants in Connecticut, about 25% of the average Connecticut filer (state average ~718 per filing). Assets: $9M.

#5,563
in Retail Trade (8,414 peers)
+13.4%
assets growth YoY

Lorensen Enterprises Inc. 401(k) Psp & Trust's mid-pack asset rank among Retail Trade and all filers

Lorensen Enterprises Inc. 401(k) Psp & Trust vs every filed plan by assets

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

$8,718,822 Top 44% higher than 56% of 127,068 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 2023

Lorensen Enterprises Inc. 401(k) Psp & Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lorensen Enterprises Inc. 401(k) Psp & Trust sits mid-pack in the medium band (180 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lorensen Enterprises Inc. 401(k) Psp & Trust reported net income rose from -$806K in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Lorensen Enterprises Inc. 401(k) Psp & Trust reported participants fell from 219 in the plan year 2022 filing to 180 in the plan year 2023 filing.
  • Lorensen Enterprises Inc. 401(k) Psp & Trust end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 061247940 · Lorensen Enterprises Inc. PY 2023 · 401(k)

Lorensen Enterprises Inc. 401(k) Psp & Trust · $9M · 180 · 56th

  • VS-ST $9M
  • VS-ST 180
  • VS-ST 56th
  • VS-ST 401(k)
  • VS-ST near Drylock Technologies 401(k) Plan
  • VS-ST ind #5563

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 Retail Trade retirement plans → · Plans in Connecticut →

Lorensen Enterprises Inc. 401(k) Psp & Trust in the asset neighbourhood

Lorensen Enterprises Inc. 401(k) Psp & TrustLorensen Enterprises Inc. 40…$9MDrylock Technologies 401(k) PlanDrylock Technologies 401(k) …$9MAkal Inc. 401(k) Plan$9MTapper's Fine Jewelry, Inc. 401(k) Profit Sharing PlanTapper's Fine Jewelry, Inc. …$9MEagle Systems, Inc. 401(k) Profit Sharing PlanEagle Systems, Inc. 401(k) P…$9M
End-of-year total assets ($M) among Lorensen Enterprises Inc. 401(k) Psp & Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Connecticut filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN061247940
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lorensen Enterprises Inc.)

Sponsor-wide plan assets over time

All Lorensen Enterprises Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 12.91124350859815% vs 2022
2024 filing year
$7.5M$8M$8.5M$9M 202220232024 $7.69M $8.68M ▲ +12.9%
Year Plans Participants Total Assets
2022 1 219 $8M
2023 1 180 $9M
2024 1 192 $9M

Nearby 401(k) Plans in Connecticut

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

Lorensen Enterprises Inc. 401(k) Psp & Trust vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Lorensen Enterprises Inc. 401(k) Psp & Trust, Total assets ($B): 0.008718822 · Participants: 180Lorensen Enterprises Inc. 401(k) Psp & TrustRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Lorensen Enterprises Inc. 401(k) Psp & Trust vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Lorensen Enterprises Inc. 401(k) Psp & Trust side-by-side with 3 peers →

Lorensen Enterprises Inc. 401(k) Psp & Trust's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Drylock Technologies 401(k) Plan in WI ($9M); by covered participants it is Hass-Anderson Construction Profit Sharing 401(k) Plan in TX (180 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (180 participants); asset peers above are excluded.

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 Lorensen Enterprises Inc. 401(k) Psp & Trust assets move in 2023? ▼
Lorensen Enterprises Inc. 401(k) Psp & Trust grew at a solid clip - up 13.4% during 2023, from $8M to $9M. Reported net income was $1M.
How have Lorensen Enterprises Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lorensen Enterprises Inc.'s sponsor-wide assets grew 12.9%, from $8M to $9M.
Which 401(k) plans are similar in size to Lorensen Enterprises Inc. 401(k) Psp & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Drylock Technologies 401(k) Plan in WI ($9M, 226 participants).
Which 401(k) plans cover a similar participant headcount to Lorensen Enterprises Inc. 401(k) Psp & Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Hass-Anderson Construction Profit Sharing 401(k) Plan in TX (180 participants, N/A 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 061247940.

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.