401(k) · DOL Form 5500 · 2024

Lake Business Products, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
109
Participants Small participant base
57th
Percentile by assets National rank
$99,227
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lake Business Products Inc. 401(k) Profit Sharing Plan · Sponsored by Lake Business Products, Inc. · Ohio · Manufacturing

$11M in assets, 109 participants

Lake Business Products, Inc.'s Lake Business Products Inc. 401(k) Profit Sharing Plan reported $11M in total assets and 109 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #7,767 in Manufacturing (17,777 peers)

Coverage in Ohio

Lake Business Products Inc. 401(k) Profit Sharing Plan covers 109 participants in Ohio, about 14% of the average Ohio filer (state average ~765 per filing). Assets: $11M.

#7,767
in Manufacturing (17,777 peers)
+5.8%
assets growth YoY

Lake Business Products Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Lake Business Products Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$10,815,764 Top 43% higher than 57% 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

Lake Business Products Inc. 401(k) 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. Lake Business Products Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (109 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lake Business Products Inc. 401(k) Profit Sharing Plan reported net income rose from $188K in the plan year 2023 filing to $590K in the plan year 2024 filing.
  • Lake Business Products Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $10M in the plan year 2023 filing to $11M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 341101709 · Lake Business Products, Inc. PY 2024 · 401(k)

Lake Business Products Inc. 401(k) Profit Sharing Plan · $11M · 109 · 57th

  • EIN $11M
  • EIN 109
  • EIN 57th
  • EIN 401(k)
  • EIN near Quick Med Claims, LLC 401(k) Profit Sharing Plan
  • EIN ind #7767

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 Ohio →

Lake Business Products Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Lake Business Products Inc. 401(k) Profit Sharing PlanLake Business Products Inc. …$11MQuick Med Claims, LLC 401(k) Profit Sharing PlanQuick Med Claims, LLC 401(k)…$11MRiverton Motor Company 401(k) Profit Sharing PlanRiverton Motor Company 401(k…$11MDelgrosso Foods, Inc. 401(k) PlanDelgrosso Foods, Inc. 401(k)…$11MAluma-Form, Inc. 401(k) Plan$11M
End-of-year total assets ($M) among Lake Business Products Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Ohio filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$590K
Employer EIN341101709
Plan Effective Date1984-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake Business Products, Inc.)

Sponsor-wide plan assets over time

All Lake Business Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 7.750998506735431% vs 2022
2024 filing year
$9.5M$10M$10.5M$11M 202220232024 $10M $10.8M ▲ +7.8%
Year Plans Participants Total Assets
2022 1 108 $10M
2023 1 110 $10M
2024 1 109 $11M

Nearby 401(k) Plans in Ohio

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

Lake Business Products Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Lake Business Products Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.010815764 · Participants: 109Lake Business Products Inc. 401(k) Profit Sharing PlanGE Aerospace Retirement Savings Plan, Total assets ($B): 14.738724553 · Participants: 45620GE Aerospace Retirement Savings PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 11.809161 · Participants: 135373The Kroger Co. 401(k) Retirement Savings Account PlanThe Progressive 401(k) Plan, Total assets ($B): 11.533546294 · Participants: 62521The Progressive 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.563559628 · Participants: 47459The Sherwin-Williams Company 401(k) PlanParker Retirement Savings Plan, Total assets ($B): 9.010073432 · Participants: 26315Parker Retirement Savings Plan
Lake Business Products Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Lake Business Products Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Lake Business Products Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Quick Med Claims, LLC 401(k) Profit Sharing Plan in PA ($11M); by covered participants it is West Coast Code Consultants Inc. 401(k) Plan in CA (109 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (109 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 Lake Business Products Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Lake Business Products Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 5.8% during 2024, from $10M to $11M. Reported net income was $590K.
How have Lake Business Products, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Business Products, Inc.'s sponsor-wide assets grew 7.8%, from $10M to $11M.
Which 401(k) plans are similar in size to Lake Business Products Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Quick Med Claims, LLC 401(k) Profit Sharing Plan in PA ($11M, 297 participants).
Which 401(k) plans cover a similar participant headcount to Lake Business Products Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is West Coast Code Consultants Inc. 401(k) Plan in CA (109 participants, $12M 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 341101709.

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.