401(k) · DOL Form 5500 · 2024
Leco Corporation 401(k) Plan
Data updated 2026-08-11
- $154M
- Total assets
- 784
- Participants
- 93rd
- Percentile by assets
- $196,664
- Avg per participant
Official DOL plan name: Leco Corporation 401(k) Retirement Plan · Sponsored by Leco Corporation · Michigan · Manufacturing
$154M in assets, 784 participants
Leco Corporation's Leco Corporation 401(k) Retirement Plan reported $154M in total assets and 784 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.
- 93rd percentile by assets (of 123,622 plans)
- #15,926 in Manufacturing (17,777 peers)
Where Leco Corporation 401(k) Retirement Plan sits by assets
Leco Corporation 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $154M for 784 participants (~$196,664/participant), up 9.9% in 2024.
- $154M
- total plan assets (2024 EOY)
- 784
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $196,664
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Leco Corporation 401(k) Retirement Plan reported net income rose from $12M in the plan year 2023 filing to $14M in the plan year 2024 filing.
- Leco Corporation 401(k) Retirement Plan end-of-year assets rose from $140M in the plan year 2023 filing to $154M in the plan year 2024 filing.
- Leco Corporation 401(k) Retirement Plan reported participants rose from 729 in the plan year 2023 filing to 784 in the plan year 2024 filing.
Leco Corporation 401(k) Retirement Plan vs the 2024 asset distribution
By assets, Leco Corporation 401(k) Retirement Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $140M |
|---|---|
| Net Assets (End of Year) | $154M |
| Net Income | $14M |
| Employer EIN | 380738518 |
| Plan Effective Date | 1977-05-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Leco Corporation)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 696 | $128M |
| 2023 | 1 | 729 | $140M |
| 2024 | 1 | 784 | $154M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Leco Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Leco Corporation 401(k) Retirement Plan by total assets, not by location.
- Ufcw Local One 401(k) Savings Plan (NY) $154M · 9,730
- Connecticut on-Line Computer Center 401(k) Plan (CT) $154M · 699
- The Yates Companies, Inc. 401(k) Plan (MS) $154M · 4,009
- Ttx Company Thrift Plan (NC) $154M · 540
Frequently Asked Questions
How did Leco Corporation 401(k) Retirement Plan assets move in 2024? ▼
How have Leco Corporation plan assets changed over time? ▼
Where does Leco Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Leco Corporation 401(k) Retirement Plan? ▼
Next read for Leco Corporation 401(k) Retirement Plan
Scale reading
Ways to act on Leco Corporation 401(k) Retirement Plan's numbers.
- By total assets, Leco Corporation 401(k) Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Michigan. Compare plans
- Leco Corporation's sponsor-wide assets have grown 20.6% since 2022 across 3 plan years on file. More Manufacturing plans