401(k) · DOL Form 5500 · 2024

Lifting Gear Hire Corporation 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
221
Participants Below avg headcount
72nd
Percentile by assets National rank
$98,341
Avg per participant Below avg balance/head
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Official DOL plan name: Lifting Gear Hire Corporation 401(k) Plan · Sponsored by Lifting Gear Hire Corporation · Illinois · Other Services

$22M in assets, 221 participants

Lifting Gear Hire Corporation's Lifting Gear Hire Corporation 401(k) Plan reported $22M in total assets and 221 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #6,535 in Other Services (7,719 peers)

Coverage in Illinois

Lifting Gear Hire Corporation 401(k) Plan covers 221 participants in Illinois, about 28% of the average Illinois filer (state average ~779 per filing). Assets: $22M.

#6,535
in Other Services (7,719 peers)
+11.2%
assets growth YoY

Lifting Gear Hire Corporation 401(k) Plan's outsized position by total assets

Lifting Gear Hire Corporation 401(k) Plan vs every filed plan by assets

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

$21,733,298 Top 28% higher than 72% 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

Lifting Gear Hire Corporation 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. Lifting Gear Hire Corporation 401(k) Plan sits mid-pack in the medium band (221 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lifting Gear Hire Corporation 401(k) Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Lifting Gear Hire Corporation 401(k) Plan end-of-year assets rose from $20M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • Lifting Gear Hire Corporation 401(k) Plan reported participants rose from 208 in the plan year 2023 filing to 221 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 363692363 · Lifting Gear Hire Corporation PY 2024 · 401(k)

Lifting Gear Hire Corporation 401(k) Plan · $22M · 221 · 72nd

  • 5500 $22M
  • ASSETS 221
  • PCT 72nd
  • EIN 401(k)
  • RANK near Bm Technologies, Inc. 401(k) Plan
  • PHOTO ind #6535

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 Other Services retirement plans → · Plans in Illinois →

Lifting Gear Hire Corporation 401(k) Plan in the asset neighbourhood

Visionet Systems Inc 401(k) Profit Sharing Plan & TrustVisionet Systems Inc 401(k) …$22MThe Impac Mortgage Corp. 401(k) Savings PlanThe Impac Mortgage Corp. 401…$22MLifting Gear Hire Corporation 401(k) PlanLifting Gear Hire Corporatio…$22MBm Technologies, Inc. 401(k) PlanBm Technologies, Inc. 401(k)…$22MHanson Systems LLC, Dba Eagle Technologies Group 401(k) PlanHanson Systems LLC, Dba Eagl…$22M
End-of-year total assets ($M) among Lifting Gear Hire Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$22M
Net Income$2M
Employer EIN363692363
Plan Effective Date1995-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lifting Gear Hire Corporation)

Sponsor-wide plan assets over time

All Lifting Gear Hire Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$22M 27.588682693240223% vs 2022
2024 filing year
$16M$18M$20M$22M$24M 202220232024 $17M $21.7M ▲ +27.6%
Year Plans Participants Total Assets
2022 1 202 $17M
2023 1 208 $20M
2024 1 221 $22M

Nearby 401(k) Plans in Illinois

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

Lifting Gear Hire Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Lifting Gear Hire Corporation 401(k) Plan, Total assets ($B): 0.021733298 · Participants: 221Lifting Gear Hire Corporation 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Lifting Gear Hire Corporation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Lifting Gear Hire Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Bm Technologies, Inc. 401(k) Plan in PA ($22M); by covered participants it is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (221 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (221 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 Lifting Gear Hire Corporation 401(k) Plan assets move in 2024?
Lifting Gear Hire Corporation 401(k) Plan grew at a solid clip - up 11.2% during 2024, from $20M to $22M. Reported net income was $2M.
How have Lifting Gear Hire Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lifting Gear Hire Corporation's sponsor-wide assets grew 27.6%, from $17M to $22M.
Which 401(k) plans are similar in size to Lifting Gear Hire Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bm Technologies, Inc. 401(k) Plan in PA ($22M, 204 participants).
Which 401(k) plans cover a similar participant headcount to Lifting Gear Hire Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ampco Contracting, Inc. 401(k) Prevailing Wage Plan in CA (221 participants, $2M in assets).