401(k) · DOL Form 5500 · 2024
Lake Air Products, LLC 401(k) Plan
Data updated 2026-08-25
- $11M
- Total assets Small plan by assets
- 334
- Participants Below avg headcount
- 57th
- Percentile by assets National rank
- $31,950
- Avg per participant Low balance/head
Official DOL plan name: Lake Air Products LLC 401(k) Plan · Sponsored by Lake Air Products, LLC · Minnesota · Manufacturing
$11M in assets, 334 participants
Lake Air Products, LLC's Lake Air Products LLC 401(k) Plan reported $11M in total assets and 334 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.
- #7,691 in Manufacturing (17,777 peers)
Coverage in Minnesota
Lake Air Products LLC 401(k) Plan covers 334 participants in Minnesota, about 30% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.
- #7,691
- in Manufacturing (17,777 peers)
- +0.9%
- assets growth YoY
Lake Air Products LLC 401(k) Plan's mid-pack asset rank among Manufacturing and all filers
Lake Air Products LLC 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$10,671,227 Top 43% higher than 57% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lake Air Products LLC 401(k) 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. Lake Air Products LLC 401(k) Plan sits mid-pack in the medium band (334 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lake Air Products LLC 401(k) Plan reported net income fell from $425K in the plan year 2023 filing to $97K in the plan year 2024 filing.
- Lake Air Products LLC 401(k) Plan reported participants rose from 324 in the plan year 2023 filing to 334 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 815191167 · Lake Air Products, LLC PY 2024 · 401(k)
Lake Air Products LLC 401(k) Plan · $11M · 334 · 57th
- ASSETS $11M
- PCT 334
- EIN 57th
- RANK 401(k)
- PHOTO near Bayes Achievement Center 401(k) Profit Sharing Plan
- IND ind #7691
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 Minnesota →
Lake Air Products LLC 401(k) Plan in the asset neighbourhood
Minnesota filing particulars
| Total Assets (Beginning of Year) | $11M |
|---|---|
| Net Assets (End of Year) | $11M |
| Net Income | $97K |
| Employer EIN | 815191167 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lake Air Products, LLC)
Sponsor-wide plan assets over time
All Lake Air Products, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $11M 5.141415200340828% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 313 | $10M |
| 2023 | 1 | 324 | $11M |
| 2024 | 1 | 334 | $11M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- 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
Lake Air Products LLC 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Bayes Achievement Center 401(k) Profit Sharing Plan in TX ($11M); by covered participants it is Lenny's Gas N Wash 401(k) Plan in IL (334 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($11M here).
- Bayes Achievement Center 401(k) Profit Sharing Plan (TX) $11M · 156
- Rainbows United 401(k) Plan (KS) $11M · 178
- Bh, P.L.C. 401(k) Profit Sharing Plan (AZ) $11M · 10
- Great Bowery, Inc. 401(k) Profit Sharing Plan (NY) $11M · 97
Similar participant headcount
Nearest other-state filings by covered participants (334 participants); asset peers above are excluded.
- Lenny's Gas N Wash 401(k) Plan (IL) 334 · 0 off
- Bb&e 401(k) Plan (MI) 334 · 0 off
- The Mccallie School 401(k) Plan (TN) 334 · 0 off
- Chainalysis 401(k) Plan (NY) 334 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.