ESOP · DOL Form 5500 · 2022

Lanco Assembly Systems, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
152
Participants Small participant base
52nd
Percentile by assets National rank
$36,125
Avg per participant Low balance/head
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Official DOL plan name: Lanco Assembly Systems, Inc. Employee Stock Ownership Plan · Sponsored by Lanco Assembly Systems, Inc. · Maine · Manufacturing

$5M in assets, 152 participants

Lanco Assembly Systems, Inc.'s Lanco Assembly Systems, Inc. Employee Stock Ownership Plan reported $5M in total assets and 152 participants in its 2022 DOL Form 5500 filing, ranking in the 52nd 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.

  • #7,535 in Manufacturing (20,602 peers)

Coverage in Maine

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan covers 152 participants in Maine, about 32% of the average Maine filer (state average ~472 per filing). Assets: $5M.

#7,535
in Manufacturing (20,602 peers)
-16.6%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Manufacturing and all filers

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$5,491,008 Top 48% higher than 52% 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

Lanco Assembly Systems, Inc. Employee Stock Ownership 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. Lanco Assembly Systems, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (152 participants).

EBSA filing schedule strip

Filing strip 010394214 · Lanco Assembly Systems, Inc. PY 2022 · ESOP

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan · $5M · 152 · 52nd

  • 5500 $5M
  • 5500 152
  • 5500 52nd
  • 5500 ESOP
  • 5500 near Lantana Consulting Group Employee Stock Ownership Plan
  • 5500 ind #7535

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 Maine →

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Fastbolt Corp. Employee Stock Ownership PlanFastbolt Corp. Employee Stoc…$5MLanco Assembly Systems, Inc. Employee Stock Ownership PlanLanco Assembly Systems, Inc.…$5MLantana Consulting Group Employee Stock Ownership PlanLantana Consulting Group Emp…$5MFirst Fence of Georgia, Inc. Employee Stock Ownership PlanFirst Fence of Georgia, Inc.…$5MMaster Magnetics, Inc. Employee Stock Ownership PlanMaster Magnetics, Inc. Emplo…$5M
End-of-year total assets ($M) among Lanco Assembly Systems, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Maine filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN010394214
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lanco Assembly Systems, Inc.)

Sponsor-wide plan assets over time

All Lanco Assembly Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 37.83679540411234% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.9M $27.5M ▲ +37.8%
Year Plans Participants Total Assets
2022 2 328 $20M
2023 2 290 $25M
2024 2 260 $27M

Nearby ESOP Plans in Maine

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

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants Scatter plot of 6 data points. 0100200300400 020406080 Total assets ($M) Participants Lanco Assembly Systems, Inc. Employee Stock Ownership Plan, Total assets ($M): 5.491008 · Participants: 152Lanco Assembly Systems, Inc. Employee Stock Ownership PlanMaine Drilling and Blasting Group Employee Stock Ownership Plan, Total assets ($M): 73.690099 · Participants: 321Maine Drilling and Blasting Group Employee Stock Ownership PlanSc Holdings, Inc. Employee Stock Ownership Plan, Total assets ($M): 71.344 · Participants: 345Sc Holdings, Inc. Employee Stock Ownership PlanJohnnys Selected Seeds Employee Stock Ownership Plan, Total assets ($M): 57.938208 · Participants: 252Johnnys Selected Seeds Employee Stock Ownership PlanPortland Air Freight, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.272983 · Participants: 82Portland Air Freight, Inc. Employee Stock Ownership PlanSystems Engineering, Inc. Employee Stock Ownership Plan, Total assets ($M): 40.17674 · Participants: 169Systems Engineering, Inc. Employee Stock Ownership Plan
Lanco Assembly Systems, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Maine, assets vs. participants
Compare Lanco Assembly Systems, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Lanco Assembly Systems, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Maine, the nearest ESOP by assets is Lantana Consulting Group Employee Stock Ownership Plan in VT ($5M); by covered participants it is Story Construction Employee Stock Ownership Plan in IA (152 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (152 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 Lanco Assembly Systems, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Lanco Assembly Systems, Inc. Employee Stock Ownership Plan declined sharply - down 16.6% during 2022, from $7M to $5M. Reported net income was -$1M.
How have Lanco Assembly Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lanco Assembly Systems, Inc.'s sponsor-wide assets grew 37.8%, from $20M to $27M.
Which ESOP plans are similar in size to Lanco Assembly Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Lantana Consulting Group Employee Stock Ownership Plan in VT ($5M, 54 participants).
Which ESOP plans cover a similar participant headcount to Lanco Assembly Systems, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Story Construction Employee Stock Ownership Plan in IA (152 participants, $410K 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 010394214.

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.