401(k) · DOL Form 5500 · 2024

Lanco Assembly Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$19M
Total assets Small plan by assets
133
Participants Small participant base
69th
Percentile by assets National rank
$139,865
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lanco Employees Retirement/ Profit Sharing Plan · Sponsored by Lanco Assembly Systems, Inc. · Maine · Manufacturing

$19M in assets, 133 participants

Lanco Assembly Systems, Inc.'s Lanco Employees Retirement/ Profit Sharing Plan reported $19M in total assets and 133 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.

  • #10,306 in Manufacturing (17,777 peers)

Coverage in Maine

Lanco Employees Retirement/ Profit Sharing Plan covers 133 participants in Maine, about 28% of the average Maine filer (state average ~472 per filing). Assets: $19M.

#10,306
in Manufacturing (17,777 peers)
+12.9%
assets growth YoY

Lanco Employees Retirement/ Profit Sharing Plan's outsized position by total assets

Lanco Employees Retirement/ Profit Sharing Plan vs every filed plan by assets

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

$18,601,979 Top 31% higher than 69% 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

Lanco Employees Retirement/ Profit Sharing 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. Lanco Employees Retirement/ Profit Sharing Plan sits mid-pack in the medium band (133 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lanco Employees Retirement/ Profit Sharing Plan reported participants fell from 161 in the plan year 2023 filing to 133 in the plan year 2024 filing.
  • Lanco Employees Retirement/ Profit Sharing Plan end-of-year assets rose from $16M in the plan year 2023 filing to $19M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 010394214 · Lanco Assembly Systems, Inc. PY 2024 · 401(k)

Lanco Employees Retirement/ Profit Sharing Plan · $19M · 133 · 69th

  • PHOTO $19M
  • PHOTO 133
  • PHOTO 69th
  • PHOTO 401(k)
  • PHOTO near Eshipping LLC 401(k) Plan
  • PHOTO ind #10306

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 Maine →

Lanco Employees Retirement/ Profit Sharing Plan in the asset neighbourhood

Lanco Employees Retirement/ Profit Sharing PlanLanco Employees Retirement/ …$19MEshipping LLC 401(k) Plan$19MRadio Engineering Industries, Inc. 401(k) Savings PlanRadio Engineering Industries…$19MInternational Building Materials, LLC 401(k) Retirement PlanInternational Building Mater…$19MArticularis Healthcare Retirement PlanArticularis Healthcare Retir…$19M
End-of-year total assets ($M) among Lanco Employees Retirement/ Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maine filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$19M
Net Income$2M
Employer EIN010394214
Plan Effective Date1992-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lanco Assembly Systems, Inc.)

Sponsor-wide plan assets over time

All Lanco Assembly Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 37.83679540411234% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.9M $27.5M ▲ +37.8%
Year Plans Participants Total Assets
2022 2 328 $20M
2023 2 290 $25M
2024 2 260 $27M

Nearby 401(k) Plans in Maine

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

Lanco Employees Retirement/ Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -202468 Total assets ($B) Participants Lanco Employees Retirement/ Profit Sharing Plan, Total assets ($B): 0.018601979 · Participants: 133Lanco Employees Retirement/ Profit Sharing PlanTd 401(k) Retirement Plan, Total assets ($B): 5.971163889 · Participants: 31654Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.479947647 · Participants: 9451Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.243344842 · Participants: 6776Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 1.096724054 · Participants: 29915Hannaford Bros. Co. 401(k) PlanAhold Delhaize USA Services 401(k) Plan, Total assets ($B): 1.001892127 · Participants: 3012Ahold Delhaize USA Services 401(k) Plan
Lanco Employees Retirement/ Profit Sharing Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Lanco Employees Retirement/ Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is Eshipping LLC 401(k) Plan in MO ($19M); by covered participants it is Daystar Products Int'l, Inc. 401(k) Profit Sharing Plan in AZ (133 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (133 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 Lanco Employees Retirement/ Profit Sharing Plan assets move in 2024?
Lanco Employees Retirement/ Profit Sharing Plan grew at a solid clip - up 12.9% during 2024, from $16M to $19M. Reported net income was $2M.
How have Lanco Assembly Systems, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lanco Assembly Systems, Inc.'s sponsor-wide assets grew 37.8%, from $20M to $27M.
Which 401(k) plans are similar in size to Lanco Employees Retirement/ Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Eshipping LLC 401(k) Plan in MO ($19M, 411 participants).
Which 401(k) plans cover a similar participant headcount to Lanco Employees Retirement/ Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Daystar Products Int'l, Inc. 401(k) Profit Sharing Plan in AZ (133 participants, N/A in assets).