401(k) · DOL Form 5500 · 2023

M. Lipsitz & Co., Ltd. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
249
Participants Below avg headcount
71st
Percentile by assets National rank
$72,001
Avg per participant Below avg balance/head
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Official DOL plan name: Lipsitz Industries Employees Profit Sharing Plan and Trust · Sponsored by M. Lipsitz & Co., Ltd. · Texas · Wholesale Trade

$18M in assets, 249 participants

M. Lipsitz & Co., Ltd.'s Lipsitz Industries Employees Profit Sharing Plan and Trust reported $18M in total assets and 249 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #4,216 in Wholesale Trade (6,309 peers)

Coverage in Texas

Lipsitz Industries Employees Profit Sharing Plan and Trust covers 249 participants in Texas, about 36% of the average Texas filer (state average ~688 per filing). Assets: $18M.

#4,216
in Wholesale Trade (6,309 peers)
+6.1%
assets growth YoY

Lipsitz Industries Employees Profit Sharing Plan and Trust's outsized position by total assets

Lipsitz Industries Employees Profit Sharing Plan and Trust vs every filed plan by assets

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

$17,928,167 Top 29% higher than 71% 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

Lipsitz Industries Employees Profit Sharing Plan and 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. Lipsitz Industries Employees Profit Sharing Plan and Trust sits mid-pack in the medium band (249 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lipsitz Industries Employees Profit Sharing Plan and Trust reported net income rose from -$3M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Lipsitz Industries Employees Profit Sharing Plan and Trust end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Lipsitz Industries Employees Profit Sharing Plan and Trust reported participants rose from 242 in the plan year 2022 filing to 249 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 741474940 · M. Lipsitz & Co., Ltd. PY 2023 · 401(k)

Lipsitz Industries Employees Profit Sharing Plan and Trust · $18M · 249 · 71st

  • TYPE $18M
  • TYPE 249
  • TYPE 71st
  • TYPE 401(k)
  • TYPE near California Fine Wire Company 401(k) Profit Sharing Plan
  • TYPE ind #4216

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 Wholesale Trade retirement plans → · Plans in Texas →

Lipsitz Industries Employees Profit Sharing Plan and Trust in the asset neighbourhood

Lipsitz Industries Employees Profit Sharing Plan and TrustLipsitz Industries Employees…$18MCalifornia Fine Wire Company 401(k) Profit Sharing PlanCalifornia Fine Wire Company…$18MApartment Services, Inc. 401(k) Savings and Retirement PlanApartment Services, Inc. 401…$18MPolygon US Corporation 401(k) Savings PlanPolygon US Corporation 401(k…$18MHills and Dales General Hospital, Inc. Tax Deferred Retirement Savings PlanHills and Dales General Hosp…$18M
End-of-year total assets ($M) among Lipsitz Industries Employees Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Texas filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$1M
Employer EIN741474940
Plan Effective Date1978-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M. Lipsitz & Co., Ltd.)

Sponsor-wide plan assets over time

All M. Lipsitz & Co., Ltd. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 15.603895467758072% vs 2022
2024 filing year
$16M$17M$18M$19M$20M 202220232024 $16.9M $19.5M ▲ +15.6%
Year Plans Participants Total Assets
2022 1 242 $17M
2023 1 249 $18M
2024 1 252 $20M

Nearby 401(k) Plans in Texas

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

Lipsitz Industries Employees Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Lipsitz Industries Employees Profit Sharing Plan and Trust, Total assets ($B): 0.017928167 · Participants: 249Lipsitz Industries Employees Profit Sharing Plan and TrustAT&T Retirement Savings Plan, Total assets ($B): 40.012012 · Participants: 119854AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.917 · Participants: 23477Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 16.496476432 · Participants: 41679Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 14.680189879 · Participants: 88792American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 13.529835 · Participants: 45686Dell Inc. 401(k) Plan
Lipsitz Industries Employees Profit Sharing Plan and Trust vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Lipsitz Industries Employees Profit Sharing Plan and Trust side-by-side with 3 peers →

Lipsitz Industries Employees Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is California Fine Wire Company 401(k) Profit Sharing Plan in CA ($18M); by covered participants it is Millennium Rehab & Consulting Group, Inc. 401(k) Plan in IA (249 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (249 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 Lipsitz Industries Employees Profit Sharing Plan and Trust assets move in 2023? ▼
Lipsitz Industries Employees Profit Sharing Plan and Trust grew at a solid clip - up 6.1% during 2023, from $17M to $18M. Reported net income was $1M.
How have M. Lipsitz & Co., Ltd. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), M. Lipsitz & Co., Ltd.'s sponsor-wide assets grew 15.6%, from $17M to $20M.
Which 401(k) plans are similar in size to Lipsitz Industries Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is California Fine Wire Company 401(k) Profit Sharing Plan in CA ($18M, 70 participants).
Which 401(k) plans cover a similar participant headcount to Lipsitz Industries Employees Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Millennium Rehab & Consulting Group, Inc. 401(k) Plan in IA (249 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 741474940.

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.