401(k) · DOL Form 5500 · 2023

Lacks Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$224M
Total assets Near avg plan size
2,292
Participants Above avg headcount
95th
Percentile by assets National rank
$97,705
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #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.

#17,296
in Manufacturing (18,722 peers)
+10.1%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's outsized position by total assets

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs every filed plan by assets

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

$223,940,083 Top 5% higher than 95% 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

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan lands in the large band (2,292 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 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 →

DOL schedule card

Filing strip 382650857 · Lacks Enterprises, Inc. PY 2023 · 401(k)

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan · $224M · 2,292 · 95th

  • SCH $224M
  • SCH 2,292
  • SCH 95th
  • SCH 401(k)
  • SCH near David Evans Enterprises, Inc. Retirement Plan
  • SCH ind #17296

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 →

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan in the asset neighbourhood

Msd Puerto Rico Savings and Security PlanMsd Puerto Rico Savings and …$224MToledo Clinic, Inc. Employees' 401(k) Profit Sharing Plan and TrustToledo Clinic, Inc. Employee…$224MDavid Evans Enterprises, Inc. Retirement PlanDavid Evans Enterprises, Inc…$224MLacks Enterprises, Inc. Retirement Savings and Profit Sharing PlanLacks Enterprises, Inc. Reti…$224MMuckleshoot Retirement Plan$224M
End-of-year total assets ($M) among Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$203M
Net Assets (End of Year)$224M
Net Income$21M
Employer EIN382650857
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lacks Enterprises, Inc.)

Sponsor-wide plan assets over time

All Lacks Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$241M 18.29402507009933% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $203M $241M ▲ +18.3%
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 Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan, Total assets ($B): 0.223940083 · Participants: 2292Lacks Enterprises, Inc. Retirement Savings and Profit Sharing PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is David Evans Enterprises, Inc. Retirement Plan in OR ($224M); by covered participants it is Starr Restaurants 401(k) Plan in PA (2,292 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,292 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 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).
Which 401(k) plans cover a similar participant headcount to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Starr Restaurants 401(k) Plan in PA (2,292 participants, $639K in assets).