Lacks Enterprises, Inc. 401(k) Plan: Login, Facts & Contact Information

Lacks Enterprises, Inc. 401(k) Plan Facts

Plan name
LACKS ENTERPRISES, INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LACKS ENTERPRISES, INC.
Participants
2,849 (2,238 active employees)
Former employees with a balance
392
Plan assets
$240,572,006 at Dec 31, 2024
Average account balance
$95,807 across 2,511 accounts
Employer contributions
$1,901,501 in plan year 2024 (15% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1987
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $12.6 million went into the plan in contributions, $1.90 million of it from the employer (15%).
  • $21.9 million was paid out to participants.
  • Investment and other income added $26.5 million.
  • Administrative expenses were $515,292, about $205 per account.

How the Lacks Enterprises, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,015$222.7 million$1.74 million$12.7 million
20203,128$242.2 million$553,255$22.4 million
20212,925$257.1 million$394,143$27.8 million
20222,907$203.4 million$1.63 million$24.5 million
20232,932$223.9 million$1.85 million$21.1 million
20242,849$240.6 million$1.90 million$21.9 million

Lacks Enterprises, Inc. 401(k) Contact Information

Phone
616-285-2366
Mailing address
5460 CASCADE RD SE, GRAND RAPIDS MI 495466406
Plan sponsor
LACKS ENTERPRISES, INC.
Employer identification number (EIN)
38-2650857
Plan number
005

Questions about the Lacks Enterprises, Inc. 401(k)

Does Lacks Enterprises, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.90 million, 15% of all contributions.

Does the Lacks Enterprises, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Lacks Enterprises, Inc 401(k) plan?

2,849 participants at the start of plan year 2024, 2,238 of them active employees, and 392 former employees who still had money in the plan.

What is the average 401(k) balance at Lacks Enterprises, Inc?

About $95,807 per account: $240.6 million in plan assets across 2,511 accounts with a balance at the end of plan year 2024.

Who manages the Lacks Enterprises, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Lacks Enterprises, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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