401(k) · DOL Form 5500 · 2024

Lhb, Inc. 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
215
Participants Below avg headcount
87th
Percentile by assets National rank
$305,750
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lhb Inc. 401(k) & Profit Sharing Plan · Sponsored by Lhb, Inc. · Minnesota · Professional & Technical Services

$66M in assets, 215 participants

Lhb, Inc.'s Lhb Inc. 401(k) & Profit Sharing Plan reported $66M in total assets and 215 participants in its 2024 DOL Form 5500 filing, ranking in the 87th 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.

  • #17,755 in Professional & Technical Services (20,173 peers)

Coverage in Minnesota

Lhb Inc. 401(k) & Profit Sharing Plan covers 215 participants in Minnesota, about 19% of the average Minnesota filer (state average ~1,126 per filing). Assets: $66M.

#17,755
in Professional & Technical Services (20,173 peers)
+10.1%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Lhb Inc. 401(k) & Profit Sharing Plan's outsized position by total assets

Lhb Inc. 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$65,736,206 Top 13% higher than 87% 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

Lhb 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. Lhb Inc. 401(k) & Profit Sharing Plan sits mid-pack in the medium band (215 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lhb Inc. 401(k) & Profit Sharing Plan reported net income fell from $9M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Lhb Inc. 401(k) & Profit Sharing Plan end-of-year assets rose from $60M in the plan year 2023 filing to $66M in the plan year 2024 filing.
  • Lhb Inc. 401(k) & Profit Sharing Plan reported participants fell from 226 in the plan year 2023 filing to 215 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 410904334 · Lhb, Inc. PY 2024 · 401(k)

Lhb Inc. 401(k) & Profit Sharing Plan · $66M · 215 · 87th

  • 5500 $66M
  • 5500 215
  • 5500 87th
  • 5500 401(k)
  • 5500 near Tax-Deferred Retirement Investment Plan of the Boler Company
  • 5500 ind #17755

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 Professional & Technical Services retirement plans → · Plans in Minnesota →

Lhb Inc. 401(k) & Profit Sharing Plan in the asset neighbourhood

Ambu 401(k) Plan$66MLhb Inc. 401(k) & Profit Sharing PlanLhb Inc. 401(k) & Profit Sha…$66MTax-Deferred Retirement Investment Plan of the Boler CompanyTax-Deferred Retirement Inve…$66MJoseph Jingoli & Son, Inc. 401(k) PlanJoseph Jingoli & Son, Inc. 4…$66MAro Drilling 401(k) Plan$66M
End-of-year total assets ($M) among Lhb Inc. 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$66M
Net Income$6M
Employer EIN410904334
Plan Effective Date1979-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lhb, Inc.)

Sponsor-wide plan assets over time

All Lhb, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$66M 29.431978978749918% vs 2022
2024 filing year
$45M$50M$55M$60M$65M$70M 202220232024 $50.8M $65.7M ▲ +29.4%
Year Plans Participants Total Assets
2022 1 252 $51M
2023 1 226 $60M
2024 1 215 $66M

Nearby 401(k) Plans in Minnesota

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

Lhb Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Lhb Inc. 401(k) & Profit Sharing Plan, Total assets ($B): 0.065736206 · Participants: 215Lhb Inc. 401(k) & Profit Sharing 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
Lhb Inc. 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Tax-Deferred Retirement Investment Plan of the Boler Company in IL ($66M); by covered participants it is Systel Business Equipment Co., Inc. 401(k) Psp in NC (215 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($66M here).

Similar participant headcount

Nearest other-state filings by covered participants (215 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 Lhb Inc. 401(k) & Profit Sharing Plan assets move in 2024?
Lhb Inc. 401(k) & Profit Sharing Plan grew at a solid clip - up 10.1% during 2024, from $60M to $66M. Reported net income was $6M.
How have Lhb, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lhb, Inc.'s sponsor-wide assets grew 29.4%, from $51M to $66M.
Where does Lhb Inc. 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers?
Lhb Inc. 401(k) & Profit Sharing Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lhb Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Tax-Deferred Retirement Investment Plan of the Boler Company in IL ($66M, 2,428 participants).
Which 401(k) plans cover a similar participant headcount to Lhb Inc. 401(k) & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Systel Business Equipment Co., Inc. 401(k) Psp in NC (215 participants, $18M in assets).