401(k) · DOL Form 5500 · 2024

Leco Corporation 401(k) Plan

Data updated 2026-08-25

$154M
Total assets Near avg plan size
784
Participants Near avg headcount
93rd
Percentile by assets National rank
$196,664
Avg per participant Above avg balance/head
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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.

  • #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.

#15,926
in Manufacturing (17,777 peers)
+9.9%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Leco Corporation 401(k) Retirement Plan's outsized position by total assets

Leco Corporation 401(k) Retirement Plan vs every filed plan by assets

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

$154,184,426 Top 7% higher than 93% of 123,620 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 2024

Leco Corporation 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Leco Corporation 401(k) Retirement Plan sits mid-pack in the medium band (784 participants).

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.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 380738518 · Leco Corporation PY 2024 · 401(k)

Leco Corporation 401(k) Retirement Plan · $154M · 784 · 93rd

  • TYPE $154M
  • TYPE 784
  • TYPE 93rd
  • TYPE 401(k)
  • TYPE near Ufcw Local One 401(k) Savings Plan
  • TYPE ind #15926

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 →

Leco Corporation 401(k) Retirement Plan in the asset neighbourhood

Leco Corporation 401(k) Retirement PlanLeco Corporation 401(k) Reti…$154MUfcw Local One 401(k) Savings PlanUfcw Local One 401(k) Saving…$154MConnecticut on-Line Computer Center 401(k) PlanConnecticut on-Line Computer…$154MThe Yates Companies, Inc. 401(k) PlanThe Yates Companies, Inc. 40…$154MTtx Company Thrift Plan$154M
End-of-year total assets ($M) among Leco Corporation 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$140M
Net Assets (End of Year)$154M
Net Income$14M
Employer EIN380738518
Plan Effective Date1977-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Leco Corporation)

Sponsor-wide plan assets over time

All Leco Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$154M 20.6345536500595% vs 2022
2024 filing year
$120M$130M$140M$150M$160M 202220232024 $128M $154M ▲ +20.6%
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 Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Leco Corporation 401(k) Retirement Plan, Total assets ($B): 0.154184426 · Participants: 784Leco Corporation 401(k) Retirement PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The 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): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Leco Corporation 401(k) Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Leco Corporation 401(k) Retirement Plan side-by-side with 3 peers →

Leco Corporation 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Ufcw Local One 401(k) Savings Plan in NY ($154M); by covered participants it is Dennis & Co Ag LLC 401(k) Plan in NY (784 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($154M here).

Similar participant headcount

Nearest other-state filings by covered participants (784 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Leco Corporation 401(k) Retirement Plan assets move in 2024? ▼
Leco Corporation 401(k) Retirement Plan grew at a solid clip - up 9.9% during 2024, from $140M to $154M. Reported net income was $14M.
How have Leco Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Leco Corporation's sponsor-wide assets grew 20.6%, from $128M to $154M.
Where does Leco Corporation 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Leco Corporation 401(k) Retirement Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Leco Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ufcw Local One 401(k) Savings Plan in NY ($154M, 9,730 participants).
Which 401(k) plans cover a similar participant headcount to Leco Corporation 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dennis & Co Ag LLC 401(k) Plan in NY (784 participants, $3M in assets).

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 380738518.

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.