401(k) · DOL Form 5500 · 2023

S.M. Lorusso & Sons, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
125
Participants Small participant base
75th
Percentile by assets National rank
$187,872
Avg per participant Above avg balance/head
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Official DOL plan name: S.M. Lorusso & Sons, Inc. 401(k) Plan · Sponsored by S.M. Lorusso & Sons, Inc. · Massachusetts · Mining & Oil Extraction

$23M in assets, 125 participants

S.M. Lorusso & Sons, Inc.'s S.M. Lorusso & Sons, Inc. 401(k) Plan reported $23M in total assets and 125 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #474 in Mining & Oil Extraction (811 peers)

Coverage in Massachusetts

S.M. Lorusso & Sons, Inc. 401(k) Plan covers 125 participants in Massachusetts, about 19% of the average Massachusetts filer (state average ~659 per filing). Assets: $23M.

#474
in Mining & Oil Extraction (811 peers)
+18.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

S.M. Lorusso & Sons, Inc. 401(k) Plan's outsized position by total assets

S.M. Lorusso & Sons, Inc. 401(k) Plan vs every filed plan by assets

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

$23,483,957 Top 25% higher than 75% 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

S.M. Lorusso & Sons, Inc. 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. S.M. Lorusso & Sons, Inc. 401(k) Plan sits mid-pack in the medium band (125 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • S.M. Lorusso & Sons, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • S.M. Lorusso & Sons, Inc. 401(k) Plan end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • S.M. Lorusso & Sons, Inc. 401(k) Plan reported participants rose from 122 in the plan year 2022 filing to 125 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 042078853 · S.M. Lorusso & Sons, Inc. PY 2023 · 401(k)

S.M. Lorusso & Sons, Inc. 401(k) Plan · $23M · 125 · 75th

  • EIN $23M
  • EIN 125
  • EIN 75th
  • EIN 401(k)
  • EIN near Cambridge Brands Inc. Retirement and Savings Plan
  • EIN ind #474

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 Mining & Oil Extraction retirement plans → · Plans in Massachusetts →

S.M. Lorusso & Sons, Inc. 401(k) Plan in the asset neighbourhood

S.M. Lorusso & Sons, Inc. 401(k) PlanS.M. Lorusso & Sons, Inc. 40…$23MCambridge Brands Inc. Retirement and Savings PlanCambridge Brands Inc. Retire…$23MVt Mobile Aerospace Engineering, Inc. 401(k) PlanVt Mobile Aerospace Engineer…$23MMvs 401(k) Retirement Plan$23MFlorida East Coast Railway, LLC Salary Deferral PlanFlorida East Coast Railway, …$23M
End-of-year total assets ($M) among S.M. Lorusso & Sons, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$4M
Employer EIN042078853
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (S.M. Lorusso & Sons, Inc.)

Sponsor-wide plan assets over time

All S.M. Lorusso & Sons, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$26M 29.123962508257023% vs 2022
2024 filing year
$18M$20M$22M$24M$26M$28M 202220232024 $19.8M $25.5M ▲ +29.1%
Year Plans Participants Total Assets
2022 1 122 $20M
2023 1 125 $23M
2024 1 132 $26M

Nearby 401(k) Plans in Massachusetts

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

S.M. Lorusso & Sons, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants S.M. Lorusso & Sons, Inc. 401(k) Plan, Total assets ($B): 0.023483957 · Participants: 125S.M. Lorusso & Sons, Inc. 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
S.M. Lorusso & Sons, Inc. 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare S.M. Lorusso & Sons, Inc. 401(k) Plan side-by-side with 3 peers →

S.M. Lorusso & Sons, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Cambridge Brands Inc. Retirement and Savings Plan in IL ($23M); by covered participants it is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 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 S.M. Lorusso & Sons, Inc. 401(k) Plan assets move in 2023? ▼
S.M. Lorusso & Sons, Inc. 401(k) Plan grew sharply - up 18.8% during 2023, from $20M to $23M. Reported net income was $4M.
How have S.M. Lorusso & Sons, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), S.M. Lorusso & Sons, Inc.'s sponsor-wide assets grew 29.1%, from $20M to $26M.
Where does S.M. Lorusso & Sons, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
S.M. Lorusso & Sons, Inc. 401(k) Plan ranks in the 75th 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 S.M. Lorusso & Sons, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cambridge Brands Inc. Retirement and Savings Plan in IL ($23M, 182 participants).
Which 401(k) plans cover a similar participant headcount to S.M. Lorusso & Sons, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R. C. Construction Co., Inc. 401(k) Salary Savings Plan in MS (125 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 042078853.

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.