401(k) · DOL Form 5500 · 2022

LTS 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
322
Participants Below avg headcount
78th
Percentile by assets National rank
$67,393
Avg per participant Below avg balance/head
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Official DOL plan name: Lts 401(k) Profit Sharing Plan · Sponsored by LTS · Virginia · Professional & Technical Services

$22M in assets, 322 participants

LTS's Lts 401(k) Profit Sharing Plan reported $22M in total assets and 322 participants in its 2022 DOL Form 5500 filing, ranking in the 78th 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.

  • #16,987 in Professional & Technical Services (21,562 peers)

Coverage in Virginia

Lts 401(k) Profit Sharing Plan covers 322 participants in Virginia, about 41% of the average Virginia filer (state average ~782 per filing). Assets: $22M.

#16,987
in Professional & Technical Services (21,562 peers)
-17.6%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lts 401(k) Profit Sharing Plan's outsized position by total assets

Lts 401(k) Profit Sharing Plan vs every filed plan by assets

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

$21,700,517 Top 22% higher than 78% 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

Lts 401(k) Profit Sharing 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. Lts 401(k) Profit Sharing Plan sits mid-pack in the medium band (322 participants).

EBSA filing schedule strip

Filing strip 203409438 · LTS PY 2022 · 401(k)

Lts 401(k) Profit Sharing Plan · $22M · 322 · 78th

  • PHOTO $22M
  • IND 322
  • EOY 78th
  • 5500 401(k)
  • ASSETS near The Gypsum Group 401(k) Plan
  • PCT ind #16987

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Lts 401(k) Profit Sharing Plan in the asset neighbourhood

Lts 401(k) Profit Sharing PlanLts 401(k) Profit Sharing Pl…$22MThe Gypsum Group 401(k) Plan$22MSandridge Food Corporation Profit Sharing Plan and TrustSandridge Food Corporation P…$22MGeary Pacific Corporation 401(k) Profit Sharing Plan and TrustGeary Pacific Corporation 40…$22MUstc Group 401(k) Plan$22M
End-of-year total assets ($M) among Lts 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$22M
Net Income-$5M
Employer EIN203409438
Plan Effective Date2013-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LTS)

Sponsor-wide plan assets over time

All LTS plans reported in each filing year

Latest sponsor-wide plan assets
$27M 23.463445594406807% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.7M $26.8M ▲ +23.5%
Year Plans Participants Total Assets
2022 1 322 $22M
2023 1 409 $26M
2024 1 294 $27M

Nearby 401(k) Plans in Virginia

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

Lts 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Lts 401(k) Profit Sharing Plan, Total assets ($B): 0.021700517 · Participants: 322Lts 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Lts 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Lts 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is The Gypsum Group 401(k) Plan in NY ($22M); by covered participants it is Ipc 401(k) Plan in MA (322 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (322 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 Lts 401(k) Profit Sharing Plan assets move in 2022?
Lts 401(k) Profit Sharing Plan declined sharply - down 17.6% during 2022, from $26M to $22M. Reported net income was -$5M.
How have LTS plan assets changed over time?
Across 3 plan years on file (2022-2024), LTS's sponsor-wide assets grew 23.5%, from $22M to $27M.
Where does Lts 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Lts 401(k) Profit Sharing Plan ranks in the 78th 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 401(k) plans are similar in size to Lts 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is The Gypsum Group 401(k) Plan in NY ($22M, 557 participants).
Which 401(k) plans cover a similar participant headcount to Lts 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Ipc 401(k) Plan in MA (322 participants, N/A in assets).