401(k) · DOL Form 5500 · 2024

Lc Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
786
Participants Near avg headcount
87th
Percentile by assets National rank
$79,865
Avg per participant Below avg balance/head
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Official DOL plan name: Lc Industries Surplus Sharing & 401(k) Plan · Sponsored by Lc Industries, Inc. · North Carolina · Manufacturing

$63M in assets, 786 participants

Lc Industries, Inc.'s Lc Industries Surplus Sharing & 401(k) Plan reported $63M in total assets and 786 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #14,331 in Manufacturing (17,777 peers)

Where Lc Industries Surplus Sharing & 401(k) Plan sits by assets

Lc Industries Surplus Sharing & 401(k) Plan sits in the top quartile of all filed plans by assets, $63M for 786 participants (~$79,865/participant), down 1.5% in 2024.

#14,331
in Manufacturing (17,777 peers)
-1.5%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $925K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lc Industries Surplus Sharing & 401(k) Plan's outsized position by total assets

Lc Industries Surplus Sharing & 401(k) Plan vs every filed plan by assets

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

$62,773,726 Top 13% higher than 87% 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

Lc Industries Surplus Sharing & 401(k) 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. Lc Industries Surplus Sharing & 401(k) Plan sits mid-pack in the medium band (786 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lc Industries Surplus Sharing & 401(k) Plan reported net income fell from $6M in the plan year 2023 filing to -$925K in the plan year 2024 filing.
  • Lc Industries Surplus Sharing & 401(k) Plan reported participants rose from 670 in the plan year 2023 filing to 786 in the plan year 2024 filing.
  • Lc Industries Surplus Sharing & 401(k) Plan end-of-year assets fell from $64M in the plan year 2023 filing to $63M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 560686307 · Lc Industries, Inc. PY 2024 · 401(k)

Lc Industries Surplus Sharing & 401(k) Plan · $63M · 786 · 87th

  • ASSETS $63M
  • PCT 786
  • EIN 87th
  • RANK 401(k)
  • PHOTO near Brown, Winick, Graves, Gross and Baskerville, P.L.C. 401(k) Plan
  • IND ind #14331

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 North Carolina →

Lc Industries Surplus Sharing & 401(k) Plan in the asset neighbourhood

Midwest Center for Women's Healthcare, Ltd 401(k) PlanMidwest Center for Women's H…$63MLc Industries Surplus Sharing & 401(k) PlanLc Industries Surplus Sharin…$63MBrown, Winick, Graves, Gross and Baskerville, P.L.C. 401(k) PlanBrown, Winick, Graves, Gross…$63MHealthcare Associations of California 401(k) PlanHealthcare Associations of C…$63MKearny Bank Employees' Savings PlanKearny Bank Employees' Savin…$63M
End-of-year total assets ($M) among Lc Industries Surplus Sharing & 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$64M
Net Assets (End of Year)$63M
Net Income-$925K
Employer EIN560686307
Plan Effective Date1998-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lc Industries, Inc.)

Sponsor-wide plan assets over time

All Lc Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 8.180168762075626% vs 2022
2024 filing year
$56M$58M$60M$62M$64M$66M 202220232024 $58M $62.8M ▲ +8.2%
Year Plans Participants Total Assets
2022 1 673 $58M
2023 1 670 $64M
2024 1 786 $63M

Nearby 401(k) Plans in North Carolina

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

Lc Industries Surplus Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Lc Industries Surplus Sharing & 401(k) Plan, Total assets ($B): 0.062773726 · Participants: 786Lc Industries Surplus Sharing & 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Lc Industries Surplus Sharing & 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Lc Industries Surplus Sharing & 401(k) Plan side-by-side with 3 peers →

Lc Industries Surplus Sharing & 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Brown, Winick, Graves, Gross and Baskerville, P.L.C. 401(k) Plan in IA ($63M); by covered participants it is Alleguard 401(k) Profit Sharing Plan in TN (786 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (786 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 Lc Industries Surplus Sharing & 401(k) Plan assets move in 2024? ▼
Lc Industries Surplus Sharing & 401(k) Plan edged down modestly - down 1.5% during 2024, from $64M to $63M. Reported net income was -$925K.
How have Lc Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lc Industries, Inc.'s sponsor-wide assets grew 8.2%, from $58M to $63M.
Where does Lc Industries Surplus Sharing & 401(k) Plan rank by assets among Form 5500 filers? ▼
Lc Industries Surplus Sharing & 401(k) Plan ranks in the 87th 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 Lc Industries Surplus Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Brown, Winick, Graves, Gross and Baskerville, P.L.C. 401(k) Plan in IA ($63M, 143 participants).
Which 401(k) plans cover a similar participant headcount to Lc Industries Surplus Sharing & 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Alleguard 401(k) Profit Sharing Plan in TN (786 participants, $9M 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 560686307.

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.