ESOP · DOL Form 5500 · 2022

L.C. Smith, Incorporated ESOP

Data updated 2026-08-25

$1M
Total assets Small plan by assets
7
Participants Small participant base
26th
Percentile by assets National rank
$158,409
Avg per participant Above avg balance/head
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Official DOL plan name: L.C. Smith, Incorporated Employee Stock Ownership Plan · Sponsored by L.C. Smith, Incorporated · Virginia · Manufacturing

$1M in assets, 7 participants

L.C. Smith, Incorporated's L.C. Smith, Incorporated Employee Stock Ownership Plan reported $1M in total assets and 7 participants in its 2022 DOL Form 5500 filing, ranking in the 26th 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.

  • #2,483 in Manufacturing (20,602 peers)

L.C. Smith, Incorporated multi-year trail

L.C. Smith, Incorporated's plans moved -17.6% in assets from 2022 to 2024; this filing shows L.C. Smith, Incorporated Employee Stock Ownership Plan at $1M / 7 participants.

#2,483
in Manufacturing (20,602 peers)
-9.8%
assets change YoY

The plan reported a net loss of $32K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

L.C. Smith, Incorporated Employee Stock Ownership Plan among the smaller filed plans by assets

L.C. Smith, Incorporated Employee Stock Ownership Plan vs every filed plan by assets

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

$1,108,864 26th percentile higher than 26% 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

L.C. Smith, Incorporated Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. L.C. Smith, Incorporated Employee Stock Ownership Plan is a micro filing (7 participants), the leftmost band.

DOL schedule card

Filing strip 540476229 · L.C. Smith, Incorporated PY 2022 · ESOP

L.C. Smith, Incorporated Employee Stock Ownership Plan · $1M · 7 · 26th

  • SCH $1M
  • EBSA 7
  • PART 26th
  • TYPE ESOP
  • NET near Continental Machinery Movers of Kentucky, Inc. Employee Stock Ownership Plan
  • BOOK ind #2483

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 What is an ESOP? → · Plans in Virginia →

L.C. Smith, Incorporated Employee Stock Ownership Plan in the asset neighbourhood

L.C. Smith, Incorporated Employee Stock Ownership PlanL.C. Smith, Incorporated Emp…$1MContinental Machinery Movers of Kentucky, Inc. Employee Stock Ownership PlanContinental Machinery Movers…$1MThalner Electronic Laboratories, Inc. Employees Stock Ownership PlanThalner Electronic Laborator…$1MHumanix Employee Stock Ownership PlanHumanix Employee Stock Owner…$1MKings Credit Services Employee Stock Ownership PlanKings Credit Services Employ…$1M
End-of-year total assets ($M) among L.C. Smith, Incorporated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

L.C. Smith, Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All L.C. Smith, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$914K 17.552468111508716% vs 2022
2024 filing year
$0.8M$0.9M$1M$1.1M$1.2M 202220232024 $1.11M $0.91M ▼ -18.0%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 6 $876K
2024 1 7 $914K

L.C. Smith, Incorporated filing trail (2022)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$1M
Net Income-$32K
Employer EIN540476229
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

L.C. Smith, Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -20002004006008001000 Total assets ($M) Participants L.C. Smith, Incorporated Employee Stock Ownership Plan, Total assets ($M): 1.108864 · Participants: 7L.C. Smith, Incorporated Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($M): 862.945849 · Participants: 6910Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($M): 301.066368 · Participants: 1695The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($M): 291.782297 · Participants: 1828American Systems Corporation Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($M): 287.62409 · Participants: 424New River Electrical Corporation Employee Stock Ownership PlanDavis H. Elliot Company, Incorporated Employee Stock Ownership Plan, Total assets ($M): 237.22873 · Participants: 1882Davis H. Elliot Company, Incorporated Employee Stock Ownership Plan
L.C. Smith, Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

L.C. Smith, Incorporated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Continental Machinery Movers of Kentucky, Inc. Employee Stock Ownership Plan in KY ($1M); by covered participants it is Gilbert Construction Company, Ltd Employee Stock Ownership Plan in SC (7 participants). Same-state nearby plans are listed separately above.

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 L.C. Smith, Incorporated Employee Stock Ownership Plan assets move in 2022?
L.C. Smith, Incorporated Employee Stock Ownership Plan pulled back noticeably - down 9.8% during 2022, from $1M to $1M. Reported net income was -$32K.
How have L.C. Smith, Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), L.C. Smith, Incorporated's sponsor-wide assets declined 17.6%, from $1M to $914K.
Which ESOP plans are similar in size to L.C. Smith, Incorporated Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Continental Machinery Movers of Kentucky, Inc. Employee Stock Ownership Plan in KY ($1M, 16 participants).
Which ESOP plans cover a similar participant headcount to L.C. Smith, Incorporated Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Gilbert Construction Company, Ltd Employee Stock Ownership Plan in SC (7 participants, N/A in assets).