401(k) · DOL Form 5500 · 2023

Lhb, Inc. 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
226
Participants Below avg headcount
87th
Percentile by assets National rank
$264,255
Avg per participant High balance/head
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Official DOL plan name: Lhb Inc. 401(k) & Profit Sharing Plan · Sponsored by Lhb, Inc. · Minnesota · Professional & Technical Services

$60M in assets, 226 participants

Lhb, Inc.'s Lhb Inc. 401(k) & Profit Sharing Plan reported $60M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #17,962 in Professional & Technical Services (20,321 peers)

Coverage in Minnesota

Lhb Inc. 401(k) & Profit Sharing Plan covers 226 participants in Minnesota, about 20% of the average Minnesota filer (state average ~1,126 per filing). Assets: $60M.

#17,962
in Professional & Technical Services (20,321 peers)
+17.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Lhb Inc. 401(k) & Profit Sharing Plan's outsized position by total assets

Lhb Inc. 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$59,721,618 Top 13% higher than 87% 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

Lhb Inc. 401(k) & 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. Lhb Inc. 401(k) & Profit Sharing Plan sits mid-pack in the medium band (226 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lhb Inc. 401(k) & Profit Sharing Plan reported net income rose from -$15M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Lhb Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $51M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Lhb Inc. 401(k) & Profit Sharing Plan reported participants fell from 252 in the plan year 2022 filing to 226 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 410904334 · Lhb, Inc. PY 2023 · 401(k)

Lhb Inc. 401(k) & Profit Sharing Plan · $60M · 226 · 87th

  • VS-ST $60M
  • VS-ST 226
  • VS-ST 87th
  • VS-ST 401(k)
  • VS-ST near Hemenway & Barnes 401(k) Plan
  • VS-ST ind #17962

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Lhb Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood

Golden Entertainment, Inc. 401(k) Savings PlanGolden Entertainment, Inc. 4…$60MCuri 401(k) Plan$60MDerse, Inc. Retirement Savings PlanDerse, Inc. Retirement Savin…$60MLhb Inc. 401(k) & Profit Sharing PlanLhb Inc. 401(k) & Profit Sha…$60MHemenway & Barnes 401(k) Plan$60M
End-of-year total assets ($M) among Lhb Inc. 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$60M
Net Income$9M
Employer EIN410904334
Plan Effective Date1979-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lhb, Inc.)

Sponsor-wide plan assets over time

All Lhb, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 29.431978978749918% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $50.8M $65.7M ▲ +29.4%
Year Plans Participants Total Assets
2022 1 252 $51M
2023 1 226 $60M
2024 1 215 $66M

Nearby 401(k) Plans in Minnesota

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

Lhb Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lhb Inc. 401(k) & Profit Sharing Plan, Total assets ($B): 0.059721618 · Participants: 226Lhb Inc. 401(k) & Profit Sharing 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
Lhb Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lhb Inc. 401(k) & Profit Sharing Plan side-by-side with 3 peers →

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

Outside Minnesota, the nearest 401(k) by assets is Hemenway & Barnes 401(k) Plan in MA ($60M); by covered participants it is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($60M here).

Similar participant headcount

Nearest other-state filings by covered participants (226 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 Lhb Inc. 401(k) & Profit Sharing Plan assets move in 2023? ▼
Lhb Inc. 401(k) & Profit Sharing Plan grew sharply - up 17.6% during 2023, from $51M to $60M. Reported net income was $9M.
How have Lhb, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lhb, Inc.'s sponsor-wide assets grew 29.4%, from $51M to $66M.
Where does Lhb Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Lhb Inc. 401(k) & Profit Sharing Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lhb Inc. 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hemenway & Barnes 401(k) Plan in MA ($60M, 130 participants).
Which 401(k) plans cover a similar participant headcount to Lhb Inc. 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants, $29M 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 410904334.

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.