401(k) · DOL Form 5500 · 2023

Lacks Enterprises, Inc. 401(k) Plan

Data updated 2026-08-11

$224M
Total assets: 2,292
Participants: 95th
Percentile by assets: $97,705
Avg per participant

Official DOL plan name: Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan · Sponsored by Lacks Enterprises, Inc. · Michigan · Manufacturing

$224M in assets, 2,292 participants

Lacks Enterprises, Inc.'s Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported $224M in total assets and 2,292 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 127,072 plans)
#17,296 in Manufacturing (18,722 peers)

Coverage in Michigan

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan covers 2,292 participants in Michigan, 3.6x the typical Michigan plan (state average ~638 per filing). Assets: $224M.

$224M
total plan assets (2023 EOY): 2,292
covered participants: 95th
percentile by assets (of 127,072 plans): $97,705
avg assets per participant

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported net income rose from -$54M in the plan year 2022 filing to $21M in the plan year 2023 filing.
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan end-of-year assets rose from $203M in the plan year 2022 filing to $224M in the plan year 2023 filing.
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported participants fell from 2,423 in the plan year 2022 filing to 2,292 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Michigan

Industry

Manufacturing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reports 2,292 participants - 3.6x that state average ($224M EOY assets).

Michigan filing particulars

Total Assets (Beginning of Year)	$203M
Net Assets (End of Year)	$224M
Net Income	$21M
Employer EIN	382650857
Plan Effective Date	1987-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lacks Enterprises, Inc.)

Total plan assets by year, all Lacks Enterprises, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	2,423	$203M
2023	1	2,292	$224M
2024	1	2,401	$241M

Nearby 401(k) Plans in Michigan

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

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan 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 Lacks Enterprises, Inc. Retirement Savin… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan by total assets, not by location.

David Evans Enterprises, Inc. Retirement Plan (OR) $224M · 1,005
Muckleshoot Retirement Plan (WA) $224M · 3,112
Toledo Clinic, Inc. Employees' 401(k) Profit Sharing Plan and Trust (OH) $224M · 1,495
Msd Puerto Rico Savings and Security Plan (PR) $224M · 679

Frequently Asked Questions

How did Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan assets move in 2023? ▼

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan grew at a solid clip - up 10.1% during 2023, from $203M to $224M. Reported net income was $21M.

How have Lacks Enterprises, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lacks Enterprises, Inc.'s sponsor-wide assets grew 18.3%, from $203M to $241M.

Where does Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is David Evans Enterprises, Inc. Retirement Plan in OR ($224M, 1,005 participants).

Next read for Lacks Enterprises, Inc. Retirement Savin…

Filing takeaways

Ways to act on Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's numbers.

By total assets, Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan ranks in the top 5% 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
Lacks Enterprises, Inc.'s sponsor-wide assets have grown 18.3% since 2022 across 3 plan years on file. More Manufacturing plans

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 382650857.