401(k) · DOL Form 5500 · 2024

The Lane Construction Corporation 401(k) Plan

Data updated 2026-08-11

$213M
Total assets
2,024
Participants
95th
Percentile by assets
$105,445
Avg per participant
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Official DOL plan name: The Lane Construction Corporation 401(k) Savings Plan · Sponsored by The Lane Construction Corporation · North Carolina · Construction

$213M in assets, 2,024 participants

The Lane Construction Corporation's The Lane Construction Corporation 401(k) Savings Plan reported $213M in total assets and 2,024 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 123,622 plans)
  • #8,461 in Construction (9,039 peers)

Coverage in North Carolina

The Lane Construction Corporation 401(k) Savings Plan covers 2,024 participants in North Carolina, 2.5x the typical North Carolina plan (state average ~819 per filing). Assets: $213M.

$213M
total plan assets (2024 EOY)
2,024
covered participants
95th
percentile by assets (of 123,622 plans)
$105,445
avg assets per participant

Where The Lane Construction Corporation 401(k) Savings Plan sits by total assets

The Lane Construction Corporation 401(k) Savings Plan vs every filed plan by assets

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

$213,420,035 Top 5% higher than 95% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Lane Construction Corporation 401(k) Savings Plan reported net income fell from $30M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • The Lane Construction Corporation 401(k) Savings Plan reported participants fell from 2,435 in the plan year 2023 filing to 2,024 in the plan year 2024 filing.
  • The Lane Construction Corporation 401(k) Savings Plan end-of-year assets rose from $199M in the plan year 2023 filing to $213M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
North Carolina
Industry
Construction

Participants vs North Carolina filers

In North Carolina, the average filing covers about 819 participants across 3,515 plans. The Lane Construction Corporation 401(k) Savings Plan reports 2,024 participants - 2.5x that state average ($213M EOY assets).

North Carolina filing particulars

Total Assets (Beginning of Year)$199M
Net Assets (End of Year)$213M
Net Income$15M
Employer EIN060421150
Plan Effective Date1994-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Lane Construction Corporation)

$300M$320M$340M$360M 202220232024 $313M $353M ▲ +12.7%
Total plan assets by year, all The Lane Construction Corporation plans on file
Year Plans Participants Total Assets
2022 2 2,330 $313M
2023 2 2,565 $348M
2024 2 2,128 $353M

Nearby 401(k) Plans in North Carolina

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

The Lane Construction Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

The Lane Construction Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants The Lane Constructio…The Bank of America …Honeywell 401(k) PlanDuke Energy Retireme…Nucor Corporation Pr…Truist Financial Cor…
The Lane Construction Corporation 401(k) Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare The Lane Construction Corporation 401(k)… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Lane Construction Corporation 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did The Lane Construction Corporation 401(k) Savings Plan assets move in 2024? ▼
The Lane Construction Corporation 401(k) Savings Plan grew at a solid clip - up 7.4% during 2024, from $199M to $213M. Reported net income was $15M.
How have The Lane Construction Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Lane Construction Corporation's sponsor-wide assets grew 12.7%, from $313M to $353M.
Where does The Lane Construction Corporation 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
The Lane Construction Corporation 401(k) Savings Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to The Lane Construction Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Epcf 401(k) Profit Sharing Plan in FL ($213M, 330 participants).

Next read for The Lane Construction Corporation 401(k)…

Filing takeaways

Ways to act on The Lane Construction Corporation 401(k) Savings Plan's numbers.

  • By total assets, The Lane Construction Corporation 401(k) Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
  • The Lane Construction Corporation's sponsor-wide assets have grown 12.7% since 2022 across 3 plan years on file. More Construction plans

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 060421150.

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.