Department of Labor filing

LG ENERGY SOLUTION MICHIGAN, INC.

LG ENERGY SOLUTION MICHIGAN, INC. 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 15, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

63filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$2,919

Reported employer contributions per active participant.

Higher than about 53% of comparable plans

#People in the filing

1,335

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$33 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 87% of comparable plans

↗Investment performance

Not available

Plan assets changed 0.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202463out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions53rd percentileTypical peer $2,689 · based on 245 comparable plans

Lower reported administrative expense87th percentileTypical peer $98 · based on 238 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, LG ENERGY SOLUTION MICHIGAN, INC. reported $3,896,438 in employer contributions across the plan and 1,335 active participants. That works out to $2,919 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy77%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 135.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 54.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context63/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $3,896,438
Participant contributions: $9,482,285
Other contributions: $3,330,979
Employer share of reported contributions: 29.1%
Beginning assets: $65,314,024
Ending assets: $65,661,014
Ending net assets: $65,660,263
Ending liabilities: $751
Total income: $25,734,292
Total expenses: $8,911,502
Administrative expenses: $164,910
Participant loans: $1,926,748

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,240

2023

$1,360

2024

$2,919

Plan-paid administrative expenses per participant

2022

$72

2023

$49

2024

$33

Active participants

2022

3,305

2023

4,541

2024

1,335

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$2,919	1,335	65.7M	20251015082859NAL0002022979001
2023	$1,360	4,541	65.3M	20241210132021NAL0020970466001
2022	$1,240	3,305	41.6M	20240327112541NAL0002658368001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 2.9%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Yes
Public plan identifier: 841563669-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2006
Industry: Industry group 339
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2G2J2K2T3D3H2E2F

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251015082859NAL0002022979001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗