401(k) · DOL Form 5500 · 2024

Lake State Railway Company 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
139
Participants Small participant base
53rd
Percentile by assets National rank
$63,233
Avg per participant Low balance/head
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Official DOL plan name: Lake State Railway Company 401(k) Profit Sharing Plan · Sponsored by Lake State Railway Company · Michigan · Transportation & Warehousing

$9M in assets, 139 participants

Lake State Railway Company's Lake State Railway Company 401(k) Profit Sharing Plan reported $9M in total assets and 139 participants in its 2024 DOL Form 5500 filing, ranking in the 53rd 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.

  • #1,792 in Transportation & Warehousing (3,299 peers)

Coverage in Michigan

Lake State Railway Company 401(k) Profit Sharing Plan covers 139 participants in Michigan, about 22% of the average Michigan filer (state average ~638 per filing). Assets: $9M.

#1,792
in Transportation & Warehousing (3,299 peers)
+16.0%
assets growth YoY

Lake State Railway Company 401(k) Profit Sharing Plan's mid-pack asset rank among Transportation & Warehousing and all filers

Lake State Railway Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,789,401 Top 47% higher than 53% 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 State Railway Company 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 State Railway Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (139 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lake State Railway Company 401(k) Profit Sharing Plan reported net income fell from $2M in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lake State Railway Company 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Lake State Railway Company 401(k) Profit Sharing Plan reported participants rose from 124 in the plan year 2023 filing to 139 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 383023096 · Lake State Railway Company PY 2024 · 401(k)

Lake State Railway Company 401(k) Profit Sharing Plan · $9M · 139 · 53rd

  • PART $9M
  • PART 139
  • PART 53rd
  • PART 401(k)
  • PART near Marine Systems Corporation 401(k) Plan
  • PART ind #1792

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Lake State Railway Company 401(k) Profit Sharing Plan in the asset neighbourhood

Lake State Railway Company 401(k) Profit Sharing PlanLake State Railway Company 4…$9MMarine Systems Corporation 401(k) PlanMarine Systems Corporation 4…$9MHenning Construction Company 401(k) PlanHenning Construction Company…$9MAceco Machine Works, Inc. 401(k) PlanAceco Machine Works, Inc. 40…$9MMarket Enginuity, Inc. 401(k) PlanMarket Enginuity, Inc. 401(k…$9M
End-of-year total assets ($M) among Lake State Railway Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$1M
Employer EIN383023096
Plan Effective Date1992-02-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Lake State Railway Company)

Sponsor-wide plan assets over time

All Lake State Railway Company plans reported in each filing year

Latest sponsor-wide plan assets
$9M 48.47324807786677% vs 2022
2024 filing year
$5M$6M$7M$8M$9M$10M 202220232024 $5.92M $8.79M ▲ +48.5%
Year Plans Participants Total Assets
2022 1 124 $6M
2023 1 124 $8M
2024 1 139 $9M

Nearby 401(k) Plans in Michigan

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

Lake State Railway Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Lake State Railway Company 401(k) Profit Sharing Plan, Total assets ($B): 0.008789401 · Participants: 139Lake State Railway Company 401(k) Profit Sharing 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
Lake State Railway Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lake State Railway Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Lake State Railway Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Marine Systems Corporation 401(k) Plan in MA ($9M); by covered participants it is Minamyer Residential 401(k) Plan in OH (139 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (139 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 State Railway Company 401(k) Profit Sharing Plan assets move in 2024? ▼
Lake State Railway Company 401(k) Profit Sharing Plan grew sharply - up 16.0% during 2024, from $8M to $9M. Reported net income was $1M.
How have Lake State Railway Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake State Railway Company's sponsor-wide assets grew 48.5%, from $6M to $9M.
Which 401(k) plans are similar in size to Lake State Railway Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Marine Systems Corporation 401(k) Plan in MA ($9M, 156 participants).
Which 401(k) plans cover a similar participant headcount to Lake State Railway Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Minamyer Residential 401(k) Plan in OH (139 participants, $2M 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 383023096.

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.