401(k) · DOL Form 5500 · 2023

The Lane Construction Corporation 401(k) Plan

Data updated 2026-08-25

$199M
Total assets Near avg plan size
2,435
Participants Above avg headcount
95th
Percentile by assets National rank
$81,601
Avg per participant Below avg balance/head
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Official DOL plan name: The Lane Construction Corporation 401(k) Savings Plan · Sponsored by The Lane Construction Corporation · North Carolina · Construction

$199M in assets, 2,435 participants

The Lane Construction Corporation's The Lane Construction Corporation 401(k) Savings Plan reported $199M in total assets and 2,435 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,454 in Construction (9,030 peers)

Coverage in North Carolina

The Lane Construction Corporation 401(k) Savings Plan covers 2,435 participants in North Carolina, 3.0x the typical North Carolina plan (state average ~819 per filing). Assets: $199M.

#8,454
in Construction (9,030 peers)
+18.0%
assets growth YoY
2.0×
vs typical plan assets (national mean)

The Lane Construction Corporation 401(k) Savings Plan's outsized position by total assets

The Lane Construction Corporation 401(k) Savings Plan vs every filed plan by assets

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

$198,698,020 Top 5% higher than 95% 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

The Lane Construction Corporation 401(k) Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Lane Construction Corporation 401(k) Savings Plan lands in the large band (2,435 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Lane Construction Corporation 401(k) Savings Plan reported net income rose from -$46M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • The Lane Construction Corporation 401(k) Savings Plan end-of-year assets rose from $168M in the plan year 2022 filing to $199M in the plan year 2023 filing.
  • The Lane Construction Corporation 401(k) Savings Plan reported participants rose from 2,182 in the plan year 2022 filing to 2,435 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 060421150 · The Lane Construction Corporation PY 2023 · 401(k)

The Lane Construction Corporation 401(k) Savings Plan · $199M · 2,435 · 95th

  • RANK $199M
  • RANK 2,435
  • RANK 95th
  • RANK 401(k)
  • RANK near Globus Medical Inc. 401(k) Plan
  • RANK ind #8454

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 North Carolina →

The Lane Construction Corporation 401(k) Savings Plan in the asset neighbourhood

Tribune Publishing Company 401(k) PlanTribune Publishing Company 4…$199MThe Lane Construction Corporation 401(k) Savings PlanThe Lane Construction Corpor…$199MGlobus Medical Inc. 401(k) PlanGlobus Medical Inc. 401(k) P…$199MPhysicians for Women's Health, LLC Savings and Retirement PlanPhysicians for Women's Healt…$199MKnorr Brake 401(k) Retirement and Savings PlanKnorr Brake 401(k) Retiremen…$199M
End-of-year total assets ($M) among The Lane Construction Corporation 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Carolina filing particulars

Total Assets (Beginning of Year)$168M
Net Assets (End of Year)$199M
Net Income$30M
Employer EIN060421150
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Lane Construction Corporation)

Sponsor-wide plan assets over time

All The Lane Construction Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$353M 12.693275905888726% vs 2022
2024 filing year
$300M$320M$340M$360M 202220232024 $313M $353M ▲ +12.7%
Year Plans Participants Total Assets
2022 2 2,330 $313M
2023 2 2,565 $348M
2024 2 2,128 $353M

Nearby 401(k) Plans in North Carolina

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

The Lane Construction Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants The Lane Construction Corporation 401(k) Savings Plan, Total assets ($B): 0.19869802 · Participants: 2435The Lane Construction Corporation 401(k) Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 54.848846192 · Participants: 173899The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 15.388124058 · Participants: 40004Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 10.354065 · Participants: 28121Duke Energy Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 10.120701726 · Participants: 55480Truist Financial Corporation 401(k) Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 8.510660989 · Participants: 24174Nucor Corporation Profit Sharing and Retirement Savings Plan
The Lane Construction Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Lane Construction Corporation 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Globus Medical Inc. 401(k) Plan in PA ($199M); by covered participants it is American United Life Progress Sharing Plan and Trust in IN (2,436 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($199M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,435 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 The Lane Construction Corporation 401(k) Savings Plan assets move in 2023?
The Lane Construction Corporation 401(k) Savings Plan grew sharply - up 18.0% during 2023, from $168M to $199M. Reported net income was $30M.
How have The Lane Construction Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), The Lane Construction Corporation's sponsor-wide assets grew 12.7%, from $313M to $353M.
Where does The Lane Construction Corporation 401(k) Savings Plan rank by assets among Form 5500 filers?
The Lane Construction Corporation 401(k) Savings Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Lane Construction Corporation 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Globus Medical Inc. 401(k) Plan in PA ($199M, 2,164 participants).
Which 401(k) plans cover a similar participant headcount to The Lane Construction Corporation 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is American United Life Progress Sharing Plan and Trust in IN (2,436 participants, $493M in assets).