401(k) · DOL Form 5500 · 2024

The Libman Company 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
629
Participants Below avg headcount
79th
Percentile by assets National rank
$54,954
Avg per participant Low balance/head
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Official DOL plan name: The Libman Company Profit Sharing Plan and Trust · Sponsored by The Libman Company · Illinois · Manufacturing

$35M in assets, 629 participants

The Libman Company's The Libman Company Profit Sharing Plan and Trust reported $35M in total assets and 629 participants in its 2024 DOL Form 5500 filing, ranking in the 79th 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.

  • #12,716 in Manufacturing (17,777 peers)

Where The Libman Company Profit Sharing Plan and Trust sits by assets

The Libman Company Profit Sharing Plan and Trust sits in the top quartile of all filed plans by assets, $35M for 629 participants (~$54,954/participant), up 15.6% in 2024.

#12,716
in Manufacturing (17,777 peers)
+15.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Libman Company Profit Sharing Plan and Trust's outsized position by total assets

The Libman Company Profit Sharing Plan and Trust vs every filed plan by assets

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

$34,566,025 Top 21% higher than 79% 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

The Libman Company Profit Sharing Plan and Trust 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. The Libman Company Profit Sharing Plan and Trust sits mid-pack in the medium band (629 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Libman Company Profit Sharing Plan and Trust end-of-year assets rose from $30M in the plan year 2023 filing to $35M in the plan year 2024 filing.
  • The Libman Company Profit Sharing Plan and Trust reported net income fell from $6M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • The Libman Company Profit Sharing Plan and Trust reported participants rose from 621 in the plan year 2023 filing to 629 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 370994957 · The Libman Company PY 2024 · 401(k)

The Libman Company Profit Sharing Plan and Trust · $35M · 629 · 79th

  • EBSA $35M
  • EBSA 629
  • EBSA 79th
  • EBSA 401(k)
  • EBSA near Spirol 401(k) Savings/Retirement Plan
  • EBSA ind #12716

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 Illinois →

The Libman Company Profit Sharing Plan and Trust in the asset neighbourhood

The Libman Company Profit Sharing Plan and TrustThe Libman Company Profit Sh…$35MMinnetronix Medical, Inc. 401(k) Plan and TrustMinnetronix Medical, Inc. 40…$35MSpirol 401(k) Savings/Retirement PlanSpirol 401(k) Savings/Retire…$35MTruity Federal Credit Union Capital Accumulation PlanTruity Federal Credit Union …$35MBradford White Corporation 401(k) Plan for Union EmployeesBradford White Corporation 4…$35M
End-of-year total assets ($M) among The Libman Company Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$35M
Net Income$5M
Employer EIN370994957
Plan Effective Date1981-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Libman Company)

Sponsor-wide plan assets over time

All The Libman Company plans reported in each filing year

Latest sponsor-wide plan assets
$35M 41.711475382414896% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $24.4M $34.6M ▲ +41.7%
Year Plans Participants Total Assets
2022 1 680 $24M
2023 1 621 $30M
2024 1 629 $35M

Nearby 401(k) Plans in Illinois

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

The Libman Company Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants The Libman Company Profit Sharing Plan and Trust, Total assets ($B): 0.034566025 · Participants: 629The Libman Company Profit Sharing Plan and TrustAccenture 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
The Libman Company Profit Sharing Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare The Libman Company Profit Sharing Plan and Trust side-by-side with 3 peers →

The Libman Company Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Spirol 401(k) Savings/Retirement Plan in CT ($35M); by covered participants it is Armstrong & Teasdale 401(k) Plan in MO (629 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (629 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 The Libman Company Profit Sharing Plan and Trust assets move in 2024? ▼
The Libman Company Profit Sharing Plan and Trust grew sharply - up 15.6% during 2024, from $30M to $35M. Reported net income was $5M.
How have The Libman Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Libman Company's sponsor-wide assets grew 41.7%, from $24M to $35M.
Where does The Libman Company Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
The Libman Company Profit Sharing Plan and Trust ranks in the 79th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to The Libman Company Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Spirol 401(k) Savings/Retirement Plan in CT ($35M, 285 participants).
Which 401(k) plans cover a similar participant headcount to The Libman Company Profit Sharing Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Armstrong & Teasdale 401(k) Plan in MO (629 participants, $189M in assets).

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 370994957.

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.