Profit Sharing · DOL Form 5500 · 2023

Lyons Tool & Engineering, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
18
Participants Small participant base
35th
Percentile by assets National rank
$153,057
Avg per participant Above avg balance/head
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Official DOL plan name: Lyons Tool & Engineering Inc. Profit Sharing Plan · Sponsored by Lyons Tool & Engineering, Inc. · Michigan · Manufacturing

$3M in assets, 18 participants

Lyons Tool & Engineering, Inc.'s Lyons Tool & Engineering Inc. Profit Sharing Plan reported $3M in total assets and 18 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,412 in Manufacturing (18,722 peers)

2023 asset change

Lyons Tool & Engineering Inc. Profit Sharing Plan grew at a solid clip 9.5% in 2023 ($3M → $3M) for 18 participants.

#3,412
in Manufacturing (18,722 peers)
+9.5%
assets growth YoY

Lyons Tool & Engineering Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Lyons Tool & Engineering Inc. Profit Sharing Plan vs every filed plan by assets

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

$2,755,023 35th percentile higher than 35% 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

Lyons Tool & Engineering Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lyons Tool & Engineering Inc. Profit Sharing Plan is a small filing (18 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lyons Tool & Engineering Inc. Profit Sharing Plan reported net income rose from -$109K in the plan year 2022 filing to $241K in the plan year 2023 filing.
  • Lyons Tool & Engineering Inc. Profit Sharing Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 381629183 · Lyons Tool & Engineering, Inc. PY 2023 · Profit Sharing

Lyons Tool & Engineering Inc. Profit Sharing Plan · $3M · 18 · 35th

  • 5500 $3M
  • ASSETS 18
  • PCT 35th
  • EIN Profit Sharing
  • RANK near Pine Bluff Title Profit Sharing Plan
  • PHOTO ind #3412

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 Michigan →

Lyons Tool & Engineering Inc. Profit Sharing Plan in the asset neighbourhood

Lyons Tool & Engineering Inc. Profit Sharing PlanLyons Tool & Engineering Inc…$3MPine Bluff Title Profit Sharing PlanPine Bluff Title Profit Shar…$3MElectric Motor Service, Inc. Profit Sharing Retirement Plan and TrustElectric Motor Service, Inc.…$3MYouth Dynamics, Inc. Employer Sponsored PlanYouth Dynamics, Inc. Employe…$3MMisch Bros Inc Profit Sharing PlanMisch Bros Inc Profit Sharin…$3M
End-of-year total assets ($M) among Lyons Tool & Engineering Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Lyons Tool & Engineering, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Lyons Tool & Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 9.000376224069043% vs 2022
2024 filing year
$2.2M$2.4M$2.6M$2.8M$3M 202220232024 $2.52M $2.29M ▼ -9.1%
Year Plans Participants Total Assets
2022 1 18 $3M
2023 1 18 $3M
2024 1 15 $2M

2023 asset-move particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$241K
Employer EIN381629183
Plan Effective Date1966-05-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Lyons Tool & Engineering Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Lyons Tool & Engineering Inc. Profit Sharing Plan, Total assets ($B): 0.002755023 · Participants: 18Lyons Tool & Engineering Inc. Profit Sharing PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Lyons Tool & Engineering Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants

Lyons Tool & Engineering Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Pine Bluff Title Profit Sharing Plan in AR ($3M); by covered participants it is Dme Interests, Inc. Retirement Plan in TX (18 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (18 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 Lyons Tool & Engineering Inc. Profit Sharing Plan assets move in 2023?
Lyons Tool & Engineering Inc. Profit Sharing Plan grew at a solid clip - up 9.5% during 2023, from $3M to $3M. Reported net income was $241K.
How have Lyons Tool & Engineering, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lyons Tool & Engineering, Inc.'s sponsor-wide assets declined 9.0%, from $3M to $2M.
Which Profit Sharing plans are similar in size to Lyons Tool & Engineering Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Pine Bluff Title Profit Sharing Plan in AR ($3M, 7 participants).
Which Profit Sharing plans cover a similar participant headcount to Lyons Tool & Engineering Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Dme Interests, Inc. Retirement Plan in TX (18 participants, $487K in assets).