401(k) · DOL Form 5500 · 2024

Lyon Gear & Machine, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
116
Participants Small participant base
45th
Percentile by assets National rank
$51,148
Avg per participant Low balance/head
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Official DOL plan name: Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust · Sponsored by Lyon Gear & Machine, Inc. · Michigan · Manufacturing

$6M in assets, 116 participants

Lyon Gear & Machine, Inc.'s Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust reported $6M in total assets and 116 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #5,076 in Manufacturing (17,777 peers)

Coverage in Michigan

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust covers 116 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $6M.

#5,076
in Manufacturing (17,777 peers)
+13.7%
assets growth YoY

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$5,933,210 45th percentile higher than 45% 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

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust 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. Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (116 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust reported net income rose from $18K in the plan year 2023 filing to $714K in the plan year 2024 filing.
  • Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust reported participants rose from 110 in the plan year 2023 filing to 116 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 381629516 · Lyon Gear & Machine, Inc. PY 2024 · 401(k)

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust · $6M · 116 · 45th

  • BOOK $6M
  • BOOK 116
  • BOOK 45th
  • BOOK 401(k)
  • BOOK near Zhealth, LLC 401(k) Profit Sharing Plan
  • BOOK ind #5076

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 →

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Lyon Gear & Machine, Inc. Profit Sharing Plan and TrustLyon Gear & Machine, Inc. Pr…$6MZhealth, LLC 401(k) Profit Sharing PlanZhealth, LLC 401(k) Profit S…$6MQ-Team, Inc. Employee Stock Ownership 401(k) PlanQ-Team, Inc. Employee Stock …$6MExer Holding Company LLC 401(k) & Profit Sharing PlanExer Holding Company LLC 401…$6MHomeward Inc. 401(k) Plan$6M
End-of-year total assets ($M) among Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$714K
Employer EIN381629516
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lyon Gear & Machine, Inc.)

Sponsor-wide plan assets over time

All Lyon Gear & Machine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 14.070292729040446% vs 2022
2024 filing year
$5M$5.5M$6M$6.5M 202220232024 $5.2M $5.93M ▲ +14.0%
Year Plans Participants Total Assets
2022 1 115 $5M
2023 1 110 $5M
2024 1 116 $6M

Nearby 401(k) Plans in Michigan

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

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust, Total assets ($B): 0.00593321 · Participants: 116Lyon Gear & Machine, Inc. Profit Sharing Plan and TrustGeneral 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
Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust side-by-side with 3 peers →

Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Zhealth, LLC 401(k) Profit Sharing Plan in TN ($6M); by covered participants it is Steelseries 401(k) Plan in IL (116 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (116 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 Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust assets move in 2024? ▼
Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust grew at a solid clip - up 13.7% during 2024, from $5M to $6M. Reported net income was $714K.
How have Lyon Gear & Machine, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lyon Gear & Machine, Inc.'s sponsor-wide assets grew 14.1%, from $5M to $6M.
Which 401(k) plans are similar in size to Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Zhealth, LLC 401(k) Profit Sharing Plan in TN ($6M, 15 participants).
Which 401(k) plans cover a similar participant headcount to Lyon Gear & Machine, Inc. Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Steelseries 401(k) Plan in IL (116 participants, N/A 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 381629516.

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.