401(k) · DOL Form 5500 · 2023

Lake Erie Construction Co. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size
161
Participants Small participant base
84th
Percentile by assets National rank
$269,579
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Northern Ohio Profit Sharing Plan · Sponsored by Lake Erie Construction Co. · Ohio · Construction

$43M in assets, 161 participants

Lake Erie Construction Co.'s Northern Ohio Profit Sharing Plan reported $43M in total assets and 161 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • #7,396 in Construction (9,030 peers)

Coverage in Ohio

Northern Ohio Profit Sharing Plan covers 161 participants in Ohio, about 21% of the average Ohio filer (state average ~765 per filing). Assets: $43M.

#7,396
in Construction (9,030 peers)
+5.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Northern Ohio Profit Sharing Plan's outsized position by total assets

Northern Ohio Profit Sharing Plan vs every filed plan by assets

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

$43,402,211 Top 16% higher than 84% 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

Northern Ohio 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. Northern Ohio 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

  • Northern Ohio Profit Sharing Plan reported net income rose from -$6M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Northern Ohio Profit Sharing Plan end-of-year assets rose from $41M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Northern Ohio Profit Sharing Plan reported participants fell from 165 in the plan year 2022 filing to 161 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 341262474 · Lake Erie Construction Co. PY 2023 · 401(k)

Northern Ohio Profit Sharing Plan · $43M · 161 · 84th

  • PCT $43M
  • PCT 161
  • PCT 84th
  • PCT 401(k)
  • PCT near Bodine Electric Company Employee's Savings & Investment Plan
  • PCT ind #7396

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 Construction retirement plans → · Plans in Ohio →

Northern Ohio Profit Sharing Plan in the asset neighbourhood

Northern Ohio Profit Sharing PlanNorthern Ohio Profit Sharing…$43MBodine Electric Company Employee's Savings & Investment PlanBodine Electric Company Empl…$43MRepublic Finance, LLC 401(k) PlanRepublic Finance, LLC 401(k)…$43MAdams Fairacre Farms, Inc. 401(k) PlanAdams Fairacre Farms, Inc. 4…$43MSomerset Engineering 401(k) PlanSomerset Engineering 401(k) …$43M
End-of-year total assets ($M) among Northern Ohio Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$43M
Net Income$2M
Employer EIN341262474
Plan Effective Date1959-12-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Erie Construction Co.)

Sponsor-wide plan assets over time

All Lake Erie Construction Co. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 8.93360892976972% vs 2022
2024 filing year
$40M$42M$44M$46M 202220232024 $41M $44.6M ▲ +8.9%
Year Plans Participants Total Assets
2022 1 165 $41M
2023 1 161 $43M
2024 1 145 $45M

Nearby 401(k) Plans in Ohio

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

Northern Ohio Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Northern Ohio Profit Sharing Plan, Total assets ($B): 0.043402211 · Participants: 161Northern Ohio Profit Sharing PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Northern Ohio Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Northern Ohio Profit Sharing Plan side-by-side with 3 peers →

Northern Ohio Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Bodine Electric Company Employee's Savings & Investment Plan in IL ($43M); by covered participants it is Kansas Crossing Casino, Lc 401(k) Plan in KS (161 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

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 Northern Ohio Profit Sharing Plan assets move in 2023? ▼
Northern Ohio Profit Sharing Plan grew at a solid clip - up 5.9% during 2023, from $41M to $43M. Reported net income was $2M.
How have Lake Erie Construction Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Erie Construction Co.'s sponsor-wide assets grew 8.9%, from $41M to $45M.
Where does Northern Ohio Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Northern Ohio Profit Sharing Plan ranks in the 84th 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 Northern Ohio Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Bodine Electric Company Employee's Savings & Investment Plan in IL ($43M, 255 participants).
Which 401(k) plans cover a similar participant headcount to Northern Ohio 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 341262474.

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.