401(k) · DOL Form 5500 · 2022

Lester Building Systems LLC. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
198
Participants Below avg headcount
68th
Percentile by assets National rank
$57,968
Avg per participant Low balance/head
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Official DOL plan name: Lester Retirement Builder Savings Plan · Sponsored by Lester Building Systems LLC. · Minnesota · Manufacturing

$11M in assets, 198 participants

Lester Building Systems LLC.'s Lester Retirement Builder Savings Plan reported $11M in total assets and 198 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #11,460 in Manufacturing (20,602 peers)

Coverage in Minnesota

Lester Retirement Builder Savings Plan covers 198 participants in Minnesota, about 18% of the average Minnesota filer (state average ~1,126 per filing). Assets: $11M.

#11,460
in Manufacturing (20,602 peers)
-26.2%
assets change YoY

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lester Retirement Builder Savings Plan's outsized position by total assets

Lester Retirement Builder Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,477,636 Top 32% higher than 68% of 139,123 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 2022

Lester Retirement Builder Savings Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lester Retirement Builder Savings Plan sits mid-pack in the medium band (198 participants).

EBSA filing schedule strip

Filing strip 201262938 · Lester Building Systems LLC. PY 2022 · 401(k)

Lester Retirement Builder Savings Plan · $11M · 198 · 68th

  • BOY $11M
  • SCH 198
  • EBSA 68th
  • PART 401(k)
  • TYPE near Mdf Commerce 401(k) Plan
  • NET ind #11460

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 Minnesota →

Lester Retirement Builder Savings Plan in the asset neighbourhood

Lester Retirement Builder Savings PlanLester Retirement Builder Sa…$11MMdf Commerce 401(k) Plan$11MCrowley Automotive Group 401(k) PlanCrowley Automotive Group 401…$11MThe Roomplace Profit Sharing & Savings PlanThe Roomplace Profit Sharing…$11MGevurtz, Menashe, P.C. 401(k) Profit Sharing Plan and TrustGevurtz, Menashe, P.C. 401(k…$11M
End-of-year total assets ($M) among Lester Retirement Builder Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$11M
Net Income-$4M
Employer EIN201262938
Plan Effective Date2004-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lester Building Systems LLC.)

Sponsor-wide plan assets over time

All Lester Building Systems LLC. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 30.901093221635534% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.5M $15M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 198 $11M
2023 1 184 $14M
2024 1 186 $15M

Nearby 401(k) Plans in Minnesota

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

Lester Retirement Builder Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Lester Retirement Builder Savings Plan, Total assets ($B): 0.011477636 · Participants: 198Lester Retirement Builder Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Lester Retirement Builder Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Lester Retirement Builder Savings Plan side-by-side with 3 peers →

Lester Retirement Builder Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Mdf Commerce 401(k) Plan in NY ($11M); by covered participants it is Carparts Distribution Center, Inc. Profit Sharing Plan in NH (198 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (198 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lester Retirement Builder Savings Plan assets move in 2022? ▼
Lester Retirement Builder Savings Plan declined sharply - down 26.2% during 2022, from $16M to $11M. Reported net income was -$4M.
How have Lester Building Systems LLC. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lester Building Systems LLC.'s sponsor-wide assets grew 30.9%, from $11M to $15M.
Which 401(k) plans are similar in size to Lester Retirement Builder Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mdf Commerce 401(k) Plan in NY ($11M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Lester Retirement Builder Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carparts Distribution Center, Inc. Profit Sharing Plan in NH (198 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 201262938.

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.