401(k) · DOL Form 5500 · 2023

Lake Air Products LLC 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
324
Participants Below avg headcount
60th
Percentile by assets National rank
$32,638
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lake Air Products LLC 401(k) Plan · Sponsored by Lake Air Products LLC · Minnesota · Manufacturing

$11M in assets, 324 participants

Lake Air Products LLC's Lake Air Products LLC 401(k) Plan reported $11M in total assets and 324 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,670 in Manufacturing (18,722 peers)

Coverage in Minnesota

Lake Air Products LLC 401(k) Plan covers 324 participants in Minnesota, about 29% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#8,670
in Manufacturing (18,722 peers)
+4.2%
assets growth YoY

Lake Air Products LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Lake Air Products LLC 401(k) Plan vs every filed plan by assets

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

$10,574,576 Top 40% higher than 60% 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

Lake Air Products LLC 401(k) 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. Lake Air Products LLC 401(k) Plan sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lake Air Products LLC 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $425K in the plan year 2023 filing.
  • Lake Air Products LLC 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Lake Air Products LLC 401(k) Plan reported participants rose from 313 in the plan year 2022 filing to 324 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 815191167 · Lake Air Products LLC PY 2023 · 401(k)

Lake Air Products LLC 401(k) Plan · $11M · 324 · 60th

  • PHOTO $11M
  • IND 324
  • EOY 60th
  • 5500 401(k)
  • ASSETS near Single Digits 401(k) Plan
  • PCT ind #8670

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 Minnesota →

Lake Air Products LLC 401(k) Plan in the asset neighbourhood

Lake Air Products LLC 401(k) PlanLake Air Products LLC 401(k)…$11MSingle Digits 401(k) Plan$11MFabrik Industries 401(k) Plan$11MDepository Trust Company of Delaware, LLC 401(k) Profit Sharing PlanDepository Trust Company of …$11MLendingpoint LLC 401(k) Plan$11M
End-of-year total assets ($M) among Lake Air Products LLC 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$425K
Employer EIN815191167
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Air Products LLC)

Sponsor-wide plan assets over time

All Lake Air Products LLC plans reported in each filing year

Latest sponsor-wide plan assets
$11M 5.141415200340828% vs 2022
2024 filing year
$10M$10.2M$10.4M$10.6M$10.8M 202220232024 $10.2M $10.7M ▲ +5.1%
Year Plans Participants Total Assets
2022 1 313 $10M
2023 1 324 $11M
2024 1 334 $11M

Nearby 401(k) Plans in Minnesota

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

Lake Air Products LLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Lake Air Products LLC 401(k) Plan, Total assets ($B): 0.010574576 · Participants: 324Lake Air Products LLC 401(k) 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
Lake Air Products LLC 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lake Air Products LLC 401(k) Plan side-by-side with 3 peers →

Lake Air Products LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Single Digits 401(k) Plan in NH ($11M); by covered participants it is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (324 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 Lake Air Products LLC 401(k) Plan assets move in 2023? ▼
Lake Air Products LLC 401(k) Plan edged up modestly - up 4.2% during 2023, from $10M to $11M. Reported net income was $425K.
How have Lake Air Products LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Air Products LLC's sponsor-wide assets grew 5.1%, from $10M to $11M.
Which 401(k) plans are similar in size to Lake Air Products LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Single Digits 401(k) Plan in NH ($11M, 261 participants).
Which 401(k) plans cover a similar participant headcount to Lake Air Products LLC 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants, $24M 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 815191167.

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.