Lc Industries 401(k) Plan: Login, Facts & Contact Information

Lc Industries 401(k) Plan Facts

Plan name
LC INDUSTRIES SURPLUS SHARING & 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
LC INDUSTRIES, INC.
Participants
934 (755 active employees)
Former employees with a balance
115
Plan assets
$62,773,726 at Dec 31, 2024
Average account balance
$73,078 across 859 accounts
Employer contributions
$2,010,318 in plan year 2024 (29% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jul 1, 1998
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 Sep 5, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $6.85 million went into the plan in contributions, $2.01 million of it from the employer (29%).
  • $10.0 million was paid out to participants.
  • Investment and other income added $2.35 million.
  • Administrative expenses were $92,149, about $107 per account.

How the Lc Industries 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019995$58.4 million$3.76 million$4.32 million
20201,066$64.3 million$3.90 million$6.43 million
20211,099$67.6 million$3.52 million$7.85 million
20221,037$58.0 million$3.71 million$7.56 million
20231,049$63.7 million$4.04 million$8.58 million
2024934$62.8 million$2.01 million$10.0 million

Lc Industries 401(k) Contact Information

Phone
919-596-8277
Mailing address
4500 EMPEROR BLVD, DURHAM NC 277038420
Plan sponsor
LC INDUSTRIES, INC.
Employer identification number (EIN)
56-0686307
Plan number
002

Questions about the Lc Industries 401(k)

Does Lc Industries contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $2.01 million, 29% of all contributions.

Does the Lc Industries 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Lc Industries 401(k) plan?

934 participants at the start of plan year 2024, 755 of them active employees, and 115 former employees who still had money in the plan.

What is the average 401(k) balance at Lc Industries?

About $73,078 per account: $62.8 million in plan assets across 859 accounts with a balance at the end of plan year 2024.

Who manages the Lc Industries 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 Lc Industries. 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.

Related Companies
Headquarter: 2201 COOPERATIVE WAY SUITE 600, HERNDON, VA, 20171
Headquarter: 3031 N ROCKY POINT DR W, STE 770, TAMPA, FL, 33607
Headquarter: 341 WHITE POND, AKRON, OH, 44320
Headquarter: 2850 GOLF ROAD, 8TH FLOOR, ROLLING MEADOWS, IL, 60008
Headquarter: 12021 SUNSET HILLS ROAD, RESTON, VA, 20190