401(k) · DOL Form 5500 · 2024

Lg Magna E-Powertrain USA, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
31
Participants Small participant base
37th
Percentile by assets National rank
$116,016
Avg per participant Below avg balance/head
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Official DOL plan name: Lg Magna E-Powertrain USA, Inc. Retirement Plan · Sponsored by Lg Magna E-Powertrain USA, Inc. · Michigan · Manufacturing

$4M in assets, 31 participants

Lg Magna E-Powertrain USA, Inc.'s Lg Magna E-Powertrain USA, Inc. Retirement Plan reported $4M in total assets and 31 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,542 in Manufacturing (17,777 peers)

Lg Magna E-Powertrain USA, Inc. multi-year trail

Lg Magna E-Powertrain USA, Inc.'s plans moved +138.6% in assets from 2022 to 2024; this filing shows Lg Magna E-Powertrain USA, Inc. Retirement Plan at $4M / 31 participants.

#3,542
in Manufacturing (17,777 peers)
+47.7%
assets growth YoY

Lg Magna E-Powertrain USA, Inc. Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Lg Magna E-Powertrain USA, Inc. Retirement Plan vs every filed plan by assets

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

$3,596,490 37th percentile higher than 37% 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

Lg Magna E-Powertrain USA, Inc. Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lg Magna E-Powertrain USA, Inc. Retirement Plan is a small filing (31 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lg Magna E-Powertrain USA, Inc. Retirement Plan end-of-year assets rose from $2M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Lg Magna E-Powertrain USA, Inc. Retirement Plan reported net income rose from $927K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lg Magna E-Powertrain USA, Inc. Retirement Plan reported participants rose from 25 in the plan year 2023 filing to 31 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 862988329 · Lg Magna E-Powertrain USA, Inc. PY 2024 · 401(k)

Lg Magna E-Powertrain USA, Inc. Retirement Plan · $4M · 31 · 37th

  • VS-ST $4M
  • BOY 31
  • SCH 37th
  • EBSA 401(k)
  • PART near Poindexter Nut Company , Inc. 401(k) Profit Sharing Plan
  • TYPE ind #3542

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 Manufacturing retirement plans → · Plans in Michigan →

Lg Magna E-Powertrain USA, Inc. Retirement Plan in the asset neighbourhood

Lg Magna E-Powertrain USA, Inc. Retirement PlanLg Magna E-Powertrain USA, I…$4MPoindexter Nut Company , Inc. 401(k) Profit Sharing PlanPoindexter Nut Company , Inc…$4MBraun's Express, Inc. 401(k) PlanBraun's Express, Inc. 401(k)…$4MBiomeme 401(k) Plan$4MBarron S. Wall, Inc. 401(k) Profit Sharing PlanBarron S. Wall, Inc. 401(k) …$4M
End-of-year total assets ($M) among Lg Magna E-Powertrain USA, Inc. Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Lg Magna E-Powertrain USA, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Lg Magna E-Powertrain USA, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 138.55810081620064% vs 2022
2024 filing year
$1M$2M$3M$4M 202220232024 $1.51M $3.6M ▲ +138.4%
Year Plans Participants Total Assets
2022 1 26 $2M
2023 1 25 $2M
2024 1 31 $4M

Lg Magna E-Powertrain USA, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$4M
Net Income$1M
Employer EIN862988329
Plan Effective Date2021-08-30
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Lg Magna E-Powertrain USA, Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Lg Magna E-Powertrain USA, Inc. Retirement Plan, Total assets ($B): 0.00359649 · Participants: 31Lg Magna E-Powertrain USA, Inc. Retirement 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
Lg Magna E-Powertrain USA, Inc. Retirement Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Lg Magna E-Powertrain USA, Inc. Retirement Plan side-by-side with 3 peers →

Lg Magna E-Powertrain USA, Inc. Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Poindexter Nut Company , Inc. 401(k) Profit Sharing Plan in CA ($4M); by covered participants it is Pediatric Health Care of Northwest Houston, P.a. Safe Harbor 401(k) Plan in TX (31 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (31 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 Lg Magna E-Powertrain USA, Inc. Retirement Plan assets move in 2024? ▼
Lg Magna E-Powertrain USA, Inc. Retirement Plan surged - up 47.7% during 2024, from $2M to $4M. Reported net income was $1M.
How have Lg Magna E-Powertrain USA, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lg Magna E-Powertrain USA, Inc.'s sponsor-wide assets grew 138.6%, from $2M to $4M.
Which 401(k) plans are similar in size to Lg Magna E-Powertrain USA, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Poindexter Nut Company , Inc. 401(k) Profit Sharing Plan in CA ($4M, 363 participants).
Which 401(k) plans cover a similar participant headcount to Lg Magna E-Powertrain USA, Inc. Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pediatric Health Care of Northwest Houston, P.a. Safe Harbor 401(k) Plan in TX (31 participants, $5M 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 862988329.

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.