401(k) · DOL Form 5500 · 2023

Lake Trust Credit Union 401(k) Plan

Data updated 2026-08-25

$48M
Total assets Below avg plan size
473
Participants Below avg headcount
85th
Percentile by assets National rank
$100,603
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lake Trust Credit Union 401(k) Plan · Sponsored by Lake Trust Credit Union · Michigan · Finance & Insurance

$48M in assets, 473 participants

Lake Trust Credit Union's Lake Trust Credit Union 401(k) Plan reported $48M in total assets and 473 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #6,837 in Finance & Insurance (8,869 peers)

Where Lake Trust Credit Union 401(k) Plan sits by assets

Lake Trust Credit Union 401(k) Plan sits in the top quartile of all filed plans by assets, $48M for 473 participants (~$100,603/participant), up 21.6% in 2023.

#6,837
in Finance & Insurance (8,869 peers)
+21.6%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Lake Trust Credit Union 401(k) Plan's outsized position by total assets

Lake Trust Credit Union 401(k) Plan vs every filed plan by assets

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

$47,585,402 Top 15% higher than 85% 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 Trust Credit Union 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 Trust Credit Union 401(k) Plan sits mid-pack in the medium band (473 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lake Trust Credit Union 401(k) Plan reported net income rose from -$7M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Lake Trust Credit Union 401(k) Plan end-of-year assets rose from $39M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Lake Trust Credit Union 401(k) Plan reported participants rose from 447 in the plan year 2022 filing to 473 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 381250516 · Lake Trust Credit Union PY 2023 · 401(k)

Lake Trust Credit Union 401(k) Plan · $48M · 473 · 85th

  • EIN $48M
  • EIN 473
  • EIN 85th
  • EIN 401(k)
  • EIN near Agri Profit Sharing Plan
  • EIN ind #6837

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 Finance & Insurance retirement plans → · Plans in Michigan →

Lake Trust Credit Union 401(k) Plan in the asset neighbourhood

Lake Trust Credit Union 401(k) PlanLake Trust Credit Union 401(…$48MAgri Profit Sharing Plan$48MConsolidated Rail Corporation Agreement Employees' Savings PlanConsolidated Rail Corporatio…$48MFrontier Cooperative 401(k) PlanFrontier Cooperative 401(k) …$48MNephrology Associates Medical Grp. Inc. 401(k) Profit-Sharing PlanNephrology Associates Medica…$48M
End-of-year total assets ($M) among Lake Trust Credit Union 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$48M
Net Income$8M
Employer EIN381250516
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Trust Credit Union)

Sponsor-wide plan assets over time

All Lake Trust Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$53M 35.42755993811149% vs 2022
2024 filing year
$35M$40M$45M$50M$55M 202220232024 $39.1M $53M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 447 $39M
2023 1 473 $48M
2024 1 468 $53M

Nearby 401(k) Plans in Michigan

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

Lake Trust Credit Union 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Lake Trust Credit Union 401(k) Plan, Total assets ($B): 0.047585402 · Participants: 473Lake Trust Credit Union 401(k) 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
Lake Trust Credit Union 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lake Trust Credit Union 401(k) Plan side-by-side with 3 peers →

Lake Trust Credit Union 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Agri Profit Sharing Plan in KS ($48M); by covered participants it is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (473 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 Trust Credit Union 401(k) Plan assets move in 2023? ▼
Lake Trust Credit Union 401(k) Plan grew sharply - up 21.6% during 2023, from $39M to $48M. Reported net income was $8M.
How have Lake Trust Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Trust Credit Union's sponsor-wide assets grew 35.4%, from $39M to $53M.
Where does Lake Trust Credit Union 401(k) Plan rank by assets among Form 5500 filers? ▼
Lake Trust Credit Union 401(k) Plan ranks in the 85th 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 Lake Trust Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Agri Profit Sharing Plan in KS ($48M, 383 participants).
Which 401(k) plans cover a similar participant headcount to Lake Trust Credit Union 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Life Extension Foundation Buyers Club Inc. 401(k) in FL (473 participants, $35M 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 381250516.

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.