Profit Sharing · DOL Form 5500 · 2024
Lyons Tool & Engineering, Inc. Profit Sharing Plan
Data updated 2026-08-25
- $2M
- Total assets Small plan by assets
- 15
- Participants Small participant base
- 31st
- Percentile by assets National rank
- $152,704
- Avg per participant Above avg balance/head
Official DOL plan name: Lyons Tool & Engineering Inc. Profit Sharing Plan · Sponsored by Lyons Tool & Engineering, Inc. · Michigan · Manufacturing
$2M in assets, 15 participants
Lyons Tool & Engineering, Inc.'s Lyons Tool & Engineering Inc. Profit Sharing Plan reported $2M in total assets and 15 participants in its 2024 DOL Form 5500 filing, ranking in the 31st 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.
- #2,684 in Manufacturing (17,777 peers)
2024 asset change
Lyons Tool & Engineering Inc. Profit Sharing Plan declined sharply 16.9% in 2024 ($3M → $2M) for 15 participants.
- #2,684
- in Manufacturing (17,777 peers)
- -16.9%
- assets change YoY
The plan reported a net loss of $466K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Lyons Tool & Engineering Inc. Profit Sharing Plan among the smaller filed plans by assets
Lyons Tool & Engineering Inc. Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$2,290,567 31st percentile higher than 31% 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
Lyons Tool & Engineering Inc. Profit Sharing 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. Lyons Tool & Engineering Inc. Profit Sharing Plan is a small filing (15 participants) on this national headcount ladder.
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lyons Tool & Engineering Inc. Profit Sharing Plan reported net income fell from $241K in the plan year 2023 filing to -$466K in the plan year 2024 filing.
- Lyons Tool & Engineering Inc. Profit Sharing Plan end-of-year assets fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
- Lyons Tool & Engineering Inc. Profit Sharing Plan reported participants fell from 18 in the plan year 2023 filing to 15 in the plan year 2024 filing.
DOL schedule card
Filing strip 381629183 · Lyons Tool & Engineering, Inc. PY 2024 · Profit Sharing
Lyons Tool & Engineering Inc. Profit Sharing Plan · $2M · 15 · 31st
- RANK $2M
- PHOTO 15
- IND 31st
- EOY Profit Sharing
- 5500 near Singer Lumber Co Inc Profit Sharing Plan
- ASSETS ind #2684
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 →
Lyons Tool & Engineering Inc. Profit Sharing Plan in the asset neighbourhood
Lyons Tool & Engineering, Inc. years around the 2024 move
Sponsor-wide plan assets over time
All Lyons Tool & Engineering, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $2M 9.000376224069043% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 18 | $3M |
| 2023 | 1 | 18 | $3M |
| 2024 | 1 | 15 | $2M |
2024 asset-move particulars
| Total Assets (Beginning of Year) | $3M |
|---|---|
| Net Assets (End of Year) | $2M |
| Net Income | -$466K |
| Employer EIN | 381629183 |
| Plan Effective Date | 1966-05-01 |
| Filing Status | FILING RECEIVED |
Nearby Profit Sharing Plans in Michigan
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Henry Ford Health System Retirement Savings Plan $1.8B · 13,461
- Hemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan $340M · 1,472
- Iron Workers Defined Contribution Pension Fund Plan $232M · 5,319
- NECA-IBEW Memphis Retirement Plan $230M · 2,755
- Plumbers and Pipefitters Local Union 520 Annuity Plan $220M · 1,639
Lyons Tool & Engineering Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Michigan, the nearest Profit Sharing by assets is Singer Lumber Co Inc Profit Sharing Plan in WI ($2M); by covered participants it is Harris & Hart, Inc. Employees' Profit Sharing Plan in UT (15 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2M here).
Similar participant headcount
Nearest other-state filings by covered participants (15 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.