401(k) · DOL Form 5500 · 2023

Lanco Assembly Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
161
Participants Small participant base
69th
Percentile by assets National rank
$102,294
Avg per participant Below avg balance/head
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Official DOL plan name: Lanco Employees Retirement/ Profit Sharing Plan · Sponsored by Lanco Assembly Systems, Inc. · Maine · Manufacturing

$16M in assets, 161 participants

Lanco Assembly Systems, Inc.'s Lanco Employees Retirement/ Profit Sharing Plan reported $16M in total assets and 161 participants in its 2023 DOL Form 5500 filing, ranking in the 69th 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.

  • #10,847 in Manufacturing (18,722 peers)

Coverage in Maine

Lanco Employees Retirement/ Profit Sharing Plan covers 161 participants in Maine, about 34% of the average Maine filer (state average ~472 per filing). Assets: $16M.

#10,847
in Manufacturing (18,722 peers)
+14.1%
assets growth YoY

Lanco Employees Retirement/ Profit Sharing Plan's outsized position by total assets

Lanco Employees Retirement/ Profit Sharing Plan vs every filed plan by assets

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

$16,469,409 Top 31% higher than 69% 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

Lanco Employees Retirement/ Profit Sharing Plan 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. Lanco Employees Retirement/ Profit Sharing Plan sits mid-pack in the medium band (161 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lanco Employees Retirement/ Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Lanco Employees Retirement/ Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Lanco Employees Retirement/ Profit Sharing Plan reported participants fell from 176 in the plan year 2022 filing to 161 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 010394214 · Lanco Assembly Systems, Inc. PY 2023 · 401(k)

Lanco Employees Retirement/ Profit Sharing Plan · $16M · 161 · 69th

  • NET $16M
  • BOOK 161
  • VS-ST 69th
  • BOY 401(k)
  • SCH near Rastelli Brothers, Inc. 401(k) Salary Reduction Plan
  • EBSA ind #10847

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 Maine →

Lanco Employees Retirement/ Profit Sharing Plan in the asset neighbourhood

Lanco Employees Retirement/ Profit Sharing PlanLanco Employees Retirement/ …$16MRastelli Brothers, Inc. 401(k) Salary Reduction PlanRastelli Brothers, Inc. 401(…$16MDoctors Anesthesia Service of Columbus Inc 401(k) Profit Sharing PlanDoctors Anesthesia Service o…$16MSwartley Bros. Engineers, Inc. Employee Profit Sharing PlanSwartley Bros. Engineers, In…$16MHighlight Technologies Inc 401(k) PlanHighlight Technologies Inc 4…$16M
End-of-year total assets ($M) among Lanco Employees Retirement/ Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN010394214
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lanco Assembly Systems, Inc.)

Sponsor-wide plan assets over time

All Lanco Assembly Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 37.83679540411234% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.9M $27.5M ▲ +37.8%
Year Plans Participants Total Assets
2022 2 328 $20M
2023 2 290 $25M
2024 2 260 $27M

Nearby 401(k) Plans in Maine

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

Lanco Employees Retirement/ Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Lanco Employees Retirement/ Profit Sharing Plan, Total assets ($B): 0.016469409 · Participants: 161Lanco Employees Retirement/ Profit Sharing PlanTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanL.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings Plan
Lanco Employees Retirement/ Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Lanco Employees Retirement/ Profit Sharing Plan side-by-side with 3 peers →

Lanco Employees Retirement/ Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Rastelli Brothers, Inc. 401(k) Salary Reduction Plan in NJ ($16M); by covered participants it is Kansas Crossing Casino, Lc 401(k) Plan in KS (161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (161 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 Lanco Employees Retirement/ Profit Sharing Plan assets move in 2023? ▼
Lanco Employees Retirement/ Profit Sharing Plan grew at a solid clip - up 14.1% during 2023, from $14M to $16M. Reported net income was $2M.
How have Lanco Assembly Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lanco Assembly Systems, Inc.'s sponsor-wide assets grew 37.8%, from $20M to $27M.
Which 401(k) plans are similar in size to Lanco Employees Retirement/ Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Rastelli Brothers, Inc. 401(k) Salary Reduction Plan in NJ ($16M, 578 participants).
Which 401(k) plans cover a similar participant headcount to Lanco Employees Retirement/ Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Kansas Crossing Casino, Lc 401(k) Plan in KS (161 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 010394214.

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.