401(k) · DOL Form 5500 · 2024

LORAM 401(k) Plan

Data updated 2026-08-25

$168M
Total assets Near avg plan size
1,100
Participants Near avg headcount
93rd
Percentile by assets National rank
$152,527
Avg per participant Above avg balance/head
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Official DOL plan name: Loram Retirement Plan · Sponsored by LORAM · Minnesota · Transportation & Warehousing

$168M in assets, 1,100 participants

LORAM's Loram Retirement Plan reported $168M in total assets and 1,100 participants in its 2024 DOL Form 5500 filing, ranking in the 93rd 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.

  • #3,029 in Transportation & Warehousing (3,299 peers)

Where Loram Retirement Plan sits by assets

Loram Retirement Plan sits in the top 10% of all filed plans by assets, $168M for 1,100 participants (~$152,527/participant), up 13.6% in 2024.

#3,029
in Transportation & Warehousing (3,299 peers)
+13.6%
assets growth YoY
1.7×
vs typical plan assets (national mean)

Loram Retirement Plan's outsized position by total assets

Loram Retirement Plan vs every filed plan by assets

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

$167,779,345 Top 7% higher than 93% 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

Loram Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Loram Retirement Plan lands in the large band (1,100 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Loram Retirement Plan end-of-year assets rose from $148M in the plan year 2023 filing to $168M in the plan year 2024 filing.
  • Loram Retirement Plan reported net income fell from $23M in the plan year 2023 filing to $20M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 410950401 · LORAM PY 2024 · 401(k)

Loram Retirement Plan · $168M · 1,100 · 93rd

  • EOY $168M
  • 5500 1,100
  • ASSETS 93rd
  • PCT 401(k)
  • EIN near Cenlar Capital Corporation 401(k) Savings Plan
  • RANK ind #3029

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 Minnesota →

Loram Retirement Plan in the asset neighbourhood

The Clearing House Incentive Account PlanThe Clearing House Incentive…$168MKawasaki Motors Corp., U.S.a. 401(k) Profit Sharing PlanKawasaki Motors Corp., U.S.a…$168MLoram Retirement Plan$168MCenlar Capital Corporation 401(k) Savings PlanCenlar Capital Corporation 4…$168MEpstein Becker & Green, P.C. 401(k) Retirement Savings PlanEpstein Becker & Green, P.C.…$168M
End-of-year total assets ($M) among Loram Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$148M
Net Assets (End of Year)$168M
Net Income$20M
Employer EIN410950401
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LORAM)

Sponsor-wide plan assets over time

All LORAM plans reported in each filing year

Latest sponsor-wide plan assets
$168M 34.56263304282646% vs 2022
2024 filing year
$120M$140M$160M$180M 202220232024 $125M $168M ▲ +34.6%
Year Plans Participants Total Assets
2022 1 995 $125M
2023 1 1,095 $148M
2024 1 1,100 $168M

Nearby 401(k) Plans in Minnesota

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

Loram Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Loram Retirement Plan, Total assets ($B): 0.167779345 · Participants: 1100Loram Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Loram Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Loram Retirement Plan side-by-side with 3 peers →

Loram Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Cenlar Capital Corporation 401(k) Savings Plan in NJ ($168M); by covered participants it is Forum Energy Technologies, Inc. 401(k) Plan in TX (1,100 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,100 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 Loram Retirement Plan assets move in 2024? ▼
Loram Retirement Plan grew at a solid clip - up 13.6% during 2024, from $148M to $168M. Reported net income was $20M.
How have LORAM plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), LORAM's sponsor-wide assets grew 34.6%, from $125M to $168M.
Where does Loram Retirement Plan rank by assets among Form 5500 filers? ▼
Loram Retirement Plan ranks in the 93rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Loram Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cenlar Capital Corporation 401(k) Savings Plan in NJ ($168M, 2,382 participants).
Which 401(k) plans cover a similar participant headcount to Loram Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Forum Energy Technologies, Inc. 401(k) Plan in TX (1,100 participants, $123M 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 410950401.

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.