401(k) · DOL Form 5500 · 2023

L.O. Eye Care 401(k) Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
262
Participants Below avg headcount
80th
Percentile by assets National rank
$123,780
Avg per participant Near avg balance/head
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Official DOL plan name: L. O. Eye Care Employee Retirement Plan · Sponsored by L.O. Eye Care · Michigan · Healthcare & Social Assistance

$32M in assets, 262 participants

L.O. Eye Care's L. O. Eye Care Employee Retirement Plan reported $32M in total assets and 262 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,711 in Healthcare & Social Assistance (17,684 peers)

Coverage in Michigan

L. O. Eye Care Employee Retirement Plan covers 262 participants in Michigan, about 41% of the average Michigan filer (state average ~638 per filing). Assets: $32M.

#14,711
in Healthcare & Social Assistance (17,684 peers)
+14.5%
assets growth YoY
0.3×
vs typical plan assets (national mean)

L. O. Eye Care Employee Retirement Plan's outsized position by total assets

L. O. Eye Care Employee Retirement Plan vs every filed plan by assets

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

$32,430,422 Top 20% higher than 80% 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

L. O. Eye Care Employee Retirement 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. L. O. Eye Care Employee Retirement Plan sits mid-pack in the medium band (262 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • L. O. Eye Care Employee Retirement Plan reported net income rose from -$11M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • L. O. Eye Care Employee Retirement Plan end-of-year assets rose from $28M in the plan year 2022 filing to $32M in the plan year 2023 filing.
  • L. O. Eye Care Employee Retirement Plan reported participants rose from 230 in the plan year 2022 filing to 262 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 381818892 · L.O. Eye Care PY 2023 · 401(k)

L. O. Eye Care Employee Retirement Plan · $32M · 262 · 80th

  • PCT $32M
  • EIN 262
  • RANK 80th
  • PHOTO 401(k)
  • IND near Bright Mls, Inc. 401(k) Retirement Plan
  • EOY ind #14711

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 Healthcare & Social Assistance retirement plans → · Plans in Michigan →

L. O. Eye Care Employee Retirement Plan in the asset neighbourhood

Kipp Foundation 401(k) Plan$32MKennedys Cmk LLP 401(k) Profit Sharing Plan and TrustKennedys Cmk LLP 401(k) Prof…$32ML. O. Eye Care Employee Retirement PlanL. O. Eye Care Employee Reti…$32MBright Mls, Inc. 401(k) Retirement PlanBright Mls, Inc. 401(k) Reti…$32MBriess Industries, Inc. 401(k) Profit Sharing PlanBriess Industries, Inc. 401(…$32M
End-of-year total assets ($M) among L. O. Eye Care Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$32M
Net Income$4M
Employer EIN381818892
Plan Effective Date1976-05-17
Filing StatusFILING RECEIVED

Sponsor Plan History (L.O. Eye Care)

Sponsor-wide plan assets over time

All L.O. Eye Care plans reported in each filing year

Latest sponsor-wide plan assets
$27M 5.904463129374424% vs 2022
2024 filing year
$26M$28M$30M$32M$34M 202220232024 $28.3M $26.7M ▼ -5.9%
Year Plans Participants Total Assets
2022 1 230 $28M
2023 1 262 $32M
2024 1 191 $27M

Nearby 401(k) Plans in Michigan

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

L. O. Eye Care Employee Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants L. O. Eye Care Employee Retirement Plan, Total assets ($B): 0.032430422 · Participants: 262L. O. Eye Care Employee Retirement 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
L. O. Eye Care Employee Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

L. O. Eye Care Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Bright Mls, Inc. 401(k) Retirement Plan in MD ($32M); by covered participants it is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (262 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 L. O. Eye Care Employee Retirement Plan assets move in 2023?
L. O. Eye Care Employee Retirement Plan grew at a solid clip - up 14.5% during 2023, from $28M to $32M. Reported net income was $4M.
How have L.O. Eye Care plan assets changed over time?
Across 3 plan years on file (2022-2024), L.O. Eye Care's sponsor-wide assets declined 5.9%, from $28M to $27M.
Where does L. O. Eye Care Employee Retirement Plan rank by assets among Form 5500 filers?
L. O. Eye Care Employee Retirement Plan ranks in the 80th 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 L. O. Eye Care Employee Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Bright Mls, Inc. 401(k) Retirement Plan in MD ($32M, 137 participants).
Which 401(k) plans cover a similar participant headcount to L. O. Eye Care Employee Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Somerset Cpas, P.C. Profit Sharing and 401(k) Savings Plan in IN (262 participants, N/A in assets).