401(k) · DOL Form 5500 · 2024

Lacks Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$241M
Total assets Near avg plan size
2,401
Participants Above avg headcount
95th
Percentile by assets National rank
$100,197
Avg per participant Below avg balance/head
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Official DOL plan name: Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan · Sponsored by Lacks Enterprises, Inc. · Michigan · Manufacturing

$241M in assets, 2,401 participants

Lacks Enterprises, Inc.'s Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported $241M in total assets and 2,401 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.

  • #16,400 in Manufacturing (17,777 peers)

Coverage in Michigan

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan covers 2,401 participants in Michigan, 3.8x the typical Michigan plan (state average ~638 per filing). Assets: $241M.

#16,400
in Manufacturing (17,777 peers)
+7.4%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's outsized position by total assets

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs every filed plan by assets

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

$240,572,006 Top 5% higher than 95% 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

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing 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. Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan lands in the large band (2,401 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported net income fell from $21M in the plan year 2023 filing to $17M in the plan year 2024 filing.
  • Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan end-of-year assets rose from $224M in the plan year 2023 filing to $241M in the plan year 2024 filing.
  • Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan reported participants rose from 2,292 in the plan year 2023 filing to 2,401 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 382650857 · Lacks Enterprises, Inc. PY 2024 · 401(k)

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan · $241M · 2,401 · 95th

  • VS-ST $241M
  • BOY 2,401
  • SCH 95th
  • EBSA 401(k)
  • PART near Premier 401(k) Plan
  • TYPE ind #16400

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 →

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan in the asset neighbourhood

Cvent, Inc.$241MPremier 401(k) Plan$241MLacks Enterprises, Inc. Retirement Savings and Profit Sharing PlanLacks Enterprises, Inc. Reti…$241MMartignetti Companies, LLC 401(k) PlanMartignetti Companies, LLC 4…$241MWashington Regional 401(k) PlanWashington Regional 401(k) P…$240M
End-of-year total assets ($M) among Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$224M
Net Assets (End of Year)$241M
Net Income$17M
Employer EIN382650857
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lacks Enterprises, Inc.)

Sponsor-wide plan assets over time

All Lacks Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$241M 18.29402507009933% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $203M $241M ▲ +18.3%
Year Plans Participants Total Assets
2022 1 2,423 $203M
2023 1 2,292 $224M
2024 1 2,401 $241M

Nearby 401(k) Plans in Michigan

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

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan, Total assets ($B): 0.240572006 · Participants: 2401Lacks Enterprises, Inc. Retirement Savings and Profit Sharing 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
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Premier 401(k) Plan in SD ($241M); by covered participants it is Eagle Materials, Inc. Retirement Plan in TX (2,401 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($241M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,401 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 Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan assets move in 2024?
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan grew at a solid clip - up 7.4% during 2024, from $224M to $241M. Reported net income was $17M.
How have Lacks Enterprises, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lacks Enterprises, Inc.'s sponsor-wide assets grew 18.3%, from $203M to $241M.
Where does Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan rank by assets among Form 5500 filers?
Lacks Enterprises, Inc. Retirement Savings and Profit Sharing 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 Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Premier 401(k) Plan in SD ($241M, 1,821 participants).
Which 401(k) plans cover a similar participant headcount to Lacks Enterprises, Inc. Retirement Savings and Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Eagle Materials, Inc. Retirement Plan in TX (2,401 participants, $284M in assets).