ESOP · DOL Form 5500 · 2024

Lake Foods LLC ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
N/A
Participants Small participant base
30th
Percentile by assets National rank
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Official DOL plan name: Lake Foods, Inc. Employee Stock Ownership Plan · Sponsored by Lake Foods LLC · Georgia · Manufacturing

$2M in assets, N/A participants

Lake Foods LLC's Lake Foods, Inc. Employee Stock Ownership Plan reported $2M in total assets and N/A participants in its 2024 DOL Form 5500 filing, ranking in the 30th 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.

  • #2,484 in Manufacturing (17,777 peers)

Lake Foods LLC multi-year trail

Lake Foods LLC's plans moved -83.2% in assets from 2022 to 2024; this filing shows Lake Foods, Inc. Employee Stock Ownership Plan at $2M / N/A participants.

#2,484
in Manufacturing (17,777 peers)
-71.0%
assets change YoY

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lake Foods, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Lake Foods, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,029,138 30th percentile higher than 30% 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

Filed plans by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lake Foods, Inc. Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2023 filing to -$5M in the plan year 2024 filing.
  • Lake Foods, Inc. Employee Stock Ownership Plan reported participants fell from 377 in the plan year 2023 filing to N/A in the plan year 2024 filing.
  • Lake Foods, Inc. Employee Stock Ownership Plan end-of-year assets fell from $7M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 471275129 · Lake Foods LLC PY 2024 · ESOP

Lake Foods, Inc. Employee Stock Ownership Plan · $2M · N/A · 30th

  • BOY $2M
  • BOY N/A
  • BOY 30th
  • BOY ESOP
  • BOY near Industrial Spring Corporation ESOP
  • BOY ind #2484

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 What is an ESOP? → · Plans in Georgia →

Lake Foods, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Dumarc Corporation Employee Stock Ownership PlanDumarc Corporation Employee …$2MLake Foods, Inc. Employee Stock Ownership PlanLake Foods, Inc. Employee St…$2MIndustrial Spring Corporation ESOPIndustrial Spring Corporatio…$2MTms, Inc. Employee Stock Ownership PlanTms, Inc. Employee Stock Own…$2MChannel Islands Roofing, Inc. Employee Stock Ownership PlanChannel Islands Roofing, Inc…$2M
End-of-year total assets ($M) among Lake Foods, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Lake Foods LLC multi-year asset trail

Sponsor-wide plan assets over time

All Lake Foods LLC plans reported in each filing year

Latest sponsor-wide plan assets
$2M 83.18747171519708% vs 2022
2024 filing year
$0M$5M$10M$15M 202220232024 $12.1M $2.03M ▼ -83.2%
Year Plans Participants Total Assets
2022 2 975 $12M
2023 1 377 $7M
2024 1 N/A $2M

Lake Foods LLC filing trail (2024)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)-$48M
Net Income-$5M
Employer EIN471275129
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Georgia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Lake Foods, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants Scatter plot of 6 data points. -5000500100015002000 -2000200400600800 Total assets ($M) Participants Lake Foods, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.029138 · Participants: 0Lake Foods, Inc. Employee Stock Ownership PlanWarehouse Home Furnishings Distributors, Inc. Employee Stock Ownership Plan, Total assets ($M): 681.121519 · Participants: 1745Warehouse Home Furnishings Distributors, Inc. Employee Stock Ownership PlanChoate Construction Company Employee Stock Ownership Plan, Total assets ($M): 548.082498 · Participants: 494Choate Construction Company Employee Stock Ownership PlanBrent Scarbrough & Company Employee Stock Ownership Plan, Total assets ($M): 522.430924 · Participants: 485Brent Scarbrough & Company Employee Stock Ownership PlanAubrey Silvey Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 281.399754 · Participants: 488Aubrey Silvey Enterprises, Inc. Employee Stock Ownership PlanDixie Plywood and Lumber Company Employee Stock Ownership Plan, Total assets ($M): 230.799825 · Participants: 324Dixie Plywood and Lumber Company Employee Stock Ownership Plan
Lake Foods, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Georgia, assets vs. participants
Compare Lake Foods, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Lake Foods, Inc. Employee Stock Ownership Plan's closest out-of-state ESOP peers by assets

Outside Georgia, the nearest ESOP by end-of-year assets is Industrial Spring Corporation ESOP in MO at $2M (this filing: $2M).

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 Lake Foods, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Lake Foods, Inc. Employee Stock Ownership Plan contracted severely - down 71.0% during 2024, from $7M to $2M. Reported net income was -$5M.
How have Lake Foods LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lake Foods LLC's sponsor-wide assets declined 83.2%, from $12M to $2M.
Which ESOP plans are similar in size to Lake Foods, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Industrial Spring Corporation ESOP in MO ($2M, 14 participants).

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 471275129.

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.