401(k) · DOL Form 5500 · 2024
LORAM 401(k) Plan
Data updated 2026-08-11
- $168M
- Total assets
- 1,100
- Participants
- 93rd
- Percentile by assets
- $152,527
- Avg per participant
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.
- 93rd percentile by assets (of 123,622 plans)
- #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.
- $168M
- total plan assets (2024 EOY)
- 1,100
- covered participants
- 93rd
- percentile by assets (of 123,622 plans)
- $152,527
- avg assets per participant
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.
Loram Retirement Plan vs the 2024 asset distribution
By assets, Loram Retirement Plan outranks 93% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.7x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $148M |
|---|---|
| Net Assets (End of Year) | $168M |
| Net Income | $20M |
| Employer EIN | 410950401 |
| Plan Effective Date | 1981-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (LORAM)
| 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
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Loram Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Loram Retirement Plan assets move in 2024? ▼
How have LORAM plan assets changed over time? ▼
Where does Loram Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Loram Retirement Plan? ▼
Next read for Loram Retirement Plan
Scale reading
Ways to act on Loram Retirement Plan's numbers.
- By total assets, Loram Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- LORAM's sponsor-wide assets have grown 34.6% since 2022 across 3 plan years on file. More Transportation & Warehousing plans