401(k) · DOL Form 5500 · 2024

Lbm Advantage Inc 401(k) Plan

Data updated 2026-08-11

$26M
Total assets
112
Participants
75th
Percentile by assets
$234,994
Avg per participant
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Official DOL plan name: Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust · Sponsored by Lbm Advantage Inc · New York · Wholesale Trade

$26M in assets, 112 participants

Lbm Advantage Inc's Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust reported $26M in total assets and 112 participants in its 2024 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.

  • 75th percentile by assets (of 123,622 plans)
  • #4,441 in Wholesale Trade (6,080 peers)

Coverage in New York

Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust covers 112 participants in New York, about 14% of the average New York filer (state average ~798 per filing). Assets: $26M.

$26M
total plan assets (2024 EOY)
112
covered participants
75th
percentile by assets (of 123,622 plans)
$234,994
avg assets per participant

Where Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust sits by total assets

Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$26,319,380 Top 25% higher than 75% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust reported participants fell from 120 in the plan year 2023 filing to 112 in the plan year 2024 filing.
  • Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust end-of-year assets rose from $25M in the plan year 2023 filing to $26M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Wholesale Trade

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust reports 112 participants - about 14% of that state average ($26M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$26M
Net Income$2M
Employer EIN141498340
Plan Effective Date1979-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lbm Advantage Inc)

$20M$22M$24M$26M$28M 202220232024 $21.2M $26.3M ▲ +24.2%
Total plan assets by year, all Lbm Advantage Inc plans on file
Year Plans Participants Total Assets
2022 1 108 $21M
2023 1 120 $25M
2024 1 112 $26M

Nearby 401(k) Plans in New York

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

Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants

Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Lbm Advantage Inc 40…IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust vs. nearby 401(k) plans in New York, assets vs. participants
Compare Lbm Advantage Inc 401(k) Profit Sharing … side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust by total assets, not by location.

Frequently Asked Questions

How did Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust assets move in 2024? ▼
Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust grew at a solid clip - up 6.1% during 2024, from $25M to $26M. Reported net income was $2M.
How have Lbm Advantage Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lbm Advantage Inc's sponsor-wide assets grew 24.1%, from $21M to $26M.
Where does Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust rank by assets among Form 5500 filers? ▼
Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust? ▼
Among 401(k) plans in other states, the closest by assets is Cexec, Inc. 401(k) Profit Sharing Plan & Trust in VA ($26M, 84 participants).

Next read for Lbm Advantage Inc 401(k) Profit Sharing …

Filing takeaways

Ways to act on Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust's numbers.

  • By total assets, Lbm Advantage Inc 401(k) Profit Sharing Plan & Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New York. Compare plans
  • Lbm Advantage Inc's sponsor-wide assets have grown 24.1% since 2022 across 3 plan years on file. More Wholesale Trade plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 141498340.

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.