401(k) · DOL Form 5500 · 2023

Lowell, Inc. 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
70
Participants Small participant base
72nd
Percentile by assets National rank
$279,167
Avg per participant High balance/head
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Official DOL plan name: Lowell, Inc. Profit Sharing & Salary Reduction Plan · Sponsored by Lowell, Inc. · Minnesota · Manufacturing

$20M in assets, 70 participants

Lowell, Inc.'s Lowell, Inc. Profit Sharing & Salary Reduction Plan reported $20M in total assets and 70 participants in its 2023 DOL Form 5500 filing, ranking in the 72nd 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.

  • #11,601 in Manufacturing (18,722 peers)

Lowell, Inc. multi-year trail

Lowell, Inc.'s plans moved +22.6% in assets from 2022 to 2024; this filing shows Lowell, Inc. Profit Sharing & Salary Reduction Plan at $20M / 70 participants.

#11,601
in Manufacturing (18,722 peers)
+12.7%
assets growth YoY

Lowell, Inc. Profit Sharing & Salary Reduction Plan's outsized position by total assets

Lowell, Inc. Profit Sharing & Salary Reduction Plan vs every filed plan by assets

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

$19,541,660 Top 28% higher than 72% 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

Lowell, Inc. Profit Sharing & Salary Reduction Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lowell, Inc. Profit Sharing & Salary Reduction Plan is a small filing (70 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lowell, Inc. Profit Sharing & Salary Reduction Plan reported net income rose from -$5M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Lowell, Inc. Profit Sharing & Salary Reduction Plan end-of-year assets rose from $17M in the plan year 2022 filing to $20M in the plan year 2023 filing.
  • Lowell, Inc. Profit Sharing & Salary Reduction Plan reported participants fell from 76 in the plan year 2022 filing to 70 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410883939 · Lowell, Inc. PY 2023 · 401(k)

Lowell, Inc. Profit Sharing & Salary Reduction Plan · $20M · 70 · 72nd

  • EOY $20M
  • 5500 70
  • ASSETS 72nd
  • PCT 401(k)
  • EIN near Western Dairy Transport, LLC Employee's 401(k) Plan
  • RANK ind #11601

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 Minnesota →

Lowell, Inc. Profit Sharing & Salary Reduction Plan in the asset neighbourhood

Lowell, Inc. Profit Sharing & Salary Reduction PlanLowell, Inc. Profit Sharing …$20MWestern Dairy Transport, LLC Employee's 401(k) PlanWestern Dairy Transport, LLC…$20MNational Multifamily Housing Council Profit Sharing 401(k) PlanNational Multifamily Housing…$20MBlock Electric Co., Inc. Employees' Profit Sharing TrustBlock Electric Co., Inc. Emp…$20MMechdyne Corporation 401(k) PlanMechdyne Corporation 401(k) …$20M
End-of-year total assets ($M) among Lowell, Inc. Profit Sharing & Salary Reduction Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Lowell, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Lowell, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$21M 22.572110123804364% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $17.3M $21.3M ▲ +22.5%
Year Plans Participants Total Assets
2022 1 76 $17M
2023 1 70 $20M
2024 1 80 $21M

Lowell, Inc. filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN410883939
Plan Effective Date1983-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Lowell, Inc. Profit Sharing & Salary Reduction Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lowell, Inc. Profit Sharing & Salary Reduction Plan, Total assets ($B): 0.01954166 · Participants: 70Lowell, Inc. Profit Sharing & Salary Reduction PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Lowell, Inc. Profit Sharing & Salary Reduction Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lowell, Inc. Profit Sharing & Salary Reduction Plan side-by-side with 3 peers →

Lowell, Inc. Profit Sharing & Salary Reduction Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Western Dairy Transport, LLC Employee's 401(k) Plan in MO ($20M); by covered participants it is The Everbrite, LLC Retirement Plan for Employees Represented by the Madison IBEW Local #965 Pension Plan in WI (70 participants). Same-state nearby plans are listed separately above.

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 Lowell, Inc. Profit Sharing & Salary Reduction Plan assets move in 2023? ▼
Lowell, Inc. Profit Sharing & Salary Reduction Plan grew at a solid clip - up 12.7% during 2023, from $17M to $20M. Reported net income was $2M.
How have Lowell, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lowell, Inc.'s sponsor-wide assets grew 22.6%, from $17M to $21M.
Which 401(k) plans are similar in size to Lowell, Inc. Profit Sharing & Salary Reduction Plan? ▼
Among 401(k) plans in other states, the closest by assets is Western Dairy Transport, LLC Employee's 401(k) Plan in MO ($20M, 914 participants).
Which 401(k) plans cover a similar participant headcount to Lowell, Inc. Profit Sharing & Salary Reduction Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Everbrite, LLC Retirement Plan for Employees Represented by the Madison IBEW Local #965 Pension Plan in WI (70 participants, $6M 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 410883939.

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.