ESOP · DOL Form 5500 · 2022

Lerch Bates Inc. ESOP

Data updated 2026-08-11

$45M
Total assets
290
Participants
87th
Percentile by assets
$156,265
Avg per participant
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Official DOL plan name: Lerch Bates Inc. Employee Stock Ownership Plan and Trust · Sponsored by Lerch Bates Inc. · Colorado · Professional & Technical Services

$45M in assets, 290 participants

Lerch Bates Inc.'s Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported $45M in total assets and 290 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • 87th percentile by assets (of 139,126 plans)
  • #18,994 in Professional & Technical Services (21,562 peers)

Where Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits by assets

Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $45M for 290 participants (~$156,265/participant), up 10.8% in 2022.

$45M
total plan assets (2022 EOY)
290
covered participants
87th
percentile by assets (of 139,126 plans)
$156,265
avg assets per participant

Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs the 2022 asset distribution

By assets, Lerch Bates Inc. Employee Stock Ownership Plan and Trust outranks 87% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$42M
Net Income$5M
Employer EIN362285171
Plan Effective Date1986-11-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Lerch Bates Inc.)

$80M$100M$120M$140M 202220232024 $88.5M $122M ▲ +38.2%
Total plan assets by year, all Lerch Bates Inc. plans on file
Year Plans Participants Total Assets
2022 2 593 $88M
2023 2 686 $109M
2024 2 668 $122M

Nearby ESOP Plans in Colorado

Peer ESOP plans, same state, same plan type, ranked by total assets.

Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants

Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants Scatter plot of 6 data points. 020040060080010001200 0100200300 Total assets ($M) Participants Lerch Bates Inc. Emp…Alpine Lumber Compan…Brown Strauss, Inc. …Trinidad Benham Corp…Envision Management …Catamount Constructo…
Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Lerch Bates Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Lerch Bates Inc. Employee Stock Ownership Plan and Trust assets move in 2022?
Lerch Bates Inc. Employee Stock Ownership Plan and Trust grew at a solid clip - up 10.8% during 2022, from $41M to $45M. Reported net income was $5M.
How have Lerch Bates Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lerch Bates Inc.'s sponsor-wide assets grew 38.2%, from $88M to $122M.
Where does Lerch Bates Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Lerch Bates Inc. Employee Stock Ownership Plan and Trust ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Lerch Bates Inc. Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Thermoflex Corp. Employee Stock Ownership Plan in IL ($45M, 407 participants).

Next read for Lerch Bates Inc. Employee Stock Ownershi…

Scale reading

Ways to act on Lerch Bates Inc. Employee Stock Ownership Plan and Trust's numbers.