401(k) · DOL Form 5500 · 2023

Lg Energy Solution Michigan, Inc. 401(k) Plan

Data updated 2026-08-25

$65M
Total assets Below avg plan size
3,305
Participants Above avg headcount
88th
Percentile by assets National rank
$19,762
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lg Energy Solution Michigan, Inc. 401(k) Plan · Sponsored by Lg Energy Solution Michigan, Inc. · Michigan · Manufacturing

$65M in assets, 3,305 participants

Lg Energy Solution Michigan, Inc.'s Lg Energy Solution Michigan, Inc. 401(k) Plan reported $65M in total assets and 3,305 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,422 in Manufacturing (18,722 peers)

Coverage in Michigan

Lg Energy Solution Michigan, Inc. 401(k) Plan covers 3,305 participants in Michigan, 5.2x the typical Michigan plan (state average ~638 per filing). Assets: $65M.

#15,422
in Manufacturing (18,722 peers)
+57.2%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Lg Energy Solution Michigan, Inc. 401(k) Plan's outsized position by total assets

Lg Energy Solution Michigan, Inc. 401(k) Plan vs every filed plan by assets

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

$65,314,024 Top 12% higher than 88% 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

Lg Energy Solution Michigan, Inc. 401(k) 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. Lg Energy Solution Michigan, Inc. 401(k) Plan lands in the large band (3,305 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lg Energy Solution Michigan, Inc. 401(k) Plan reported net income rose from $4M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Lg Energy Solution Michigan, Inc. 401(k) Plan reported participants rose from 1,667 in the plan year 2022 filing to 3,305 in the plan year 2023 filing.
  • Lg Energy Solution Michigan, Inc. 401(k) Plan end-of-year assets rose from $42M in the plan year 2022 filing to $65M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 841563669 · Lg Energy Solution Michigan, Inc. PY 2023 · 401(k)

Lg Energy Solution Michigan, Inc. 401(k) Plan · $65M · 3,305 · 88th

  • TYPE $65M
  • NET 3,305
  • BOOK 88th
  • VS-ST 401(k)
  • BOY near Venerable 401(k) Savings Plan
  • SCH ind #15422

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 →

Lg Energy Solution Michigan, Inc. 401(k) Plan in the asset neighbourhood

Doyon Utilities, LLC Retirement PlanDoyon Utilities, LLC Retirem…$65MLg Energy Solution Michigan, Inc. 401(k) PlanLg Energy Solution Michigan,…$65MVenerable 401(k) Savings Plan$65MAirswift Oil and Gas 401(k) Profit Sharing PlanAirswift Oil and Gas 401(k) …$65MEye Surgeons of Richmond, Inc. Profit Sharing Plan & TrustEye Surgeons of Richmond, In…$65M
End-of-year total assets ($M) among Lg Energy Solution Michigan, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$65M
Net Income$24M
Employer EIN841563669
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lg Energy Solution Michigan, Inc.)

Sponsor-wide plan assets over time

All Lg Energy Solution Michigan, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 58.00697231696104% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $41.6M $65.7M ▲ +58.0%
Year Plans Participants Total Assets
2022 1 1,667 $42M
2023 1 3,305 $65M
2024 1 4,541 $66M

Nearby 401(k) Plans in Michigan

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

Lg Energy Solution Michigan, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 020000400006000080000 -50510152025 Total assets ($B) Participants Lg Energy Solution Michigan, Inc. 401(k) Plan, Total assets ($B): 0.065314024 · Participants: 3305Lg Energy Solution Michigan, Inc. 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
Lg Energy Solution Michigan, Inc. 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lg Energy Solution Michigan, Inc. 401(k) Plan side-by-side with 3 peers →

Lg Energy Solution Michigan, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Venerable 401(k) Savings Plan in PA ($65M); by covered participants it is Nutrition, Inc. 401(k) Plan in PA (3,305 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,305 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 Lg Energy Solution Michigan, Inc. 401(k) Plan assets move in 2023? ▼
Lg Energy Solution Michigan, Inc. 401(k) Plan surged - up 57.2% during 2023, from $42M to $65M. Reported net income was $24M.
How have Lg Energy Solution Michigan, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lg Energy Solution Michigan, Inc.'s sponsor-wide assets grew 58.0%, from $42M to $66M.
Where does Lg Energy Solution Michigan, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Lg Energy Solution Michigan, Inc. 401(k) Plan ranks in the 88th 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 Lg Energy Solution Michigan, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Venerable 401(k) Savings Plan in PA ($65M, 388 participants).
Which 401(k) plans cover a similar participant headcount to Lg Energy Solution Michigan, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Nutrition, Inc. 401(k) Plan in PA (3,305 participants, $18M 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 841563669.

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.