401(k) · DOL Form 5500 · 2023

Lester Building Systems LLC. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
184
Participants Below avg headcount
66th
Percentile by assets National rank
$78,167
Avg per participant Below avg balance/head
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Official DOL plan name: Lester Retirement Builder Savings Plan · Sponsored by Lester Building Systems LLC. · Minnesota · Manufacturing

$14M in assets, 184 participants

Lester Building Systems LLC.'s Lester Retirement Builder Savings Plan reported $14M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #10,221 in Manufacturing (18,722 peers)

Coverage in Minnesota

Lester Retirement Builder Savings Plan covers 184 participants in Minnesota, about 16% of the average Minnesota filer (state average ~1,126 per filing). Assets: $14M.

#10,221
in Manufacturing (18,722 peers)
+25.3%
assets growth YoY

Lester Retirement Builder Savings Plan's mid-pack asset rank among Manufacturing and all filers

Lester Retirement Builder Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,382,790 Top 34% higher than 66% of 127,068 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 2023

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

Plan-year 2023 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 (184 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lester Retirement Builder Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Lester Retirement Builder Savings Plan end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Lester Retirement Builder Savings Plan reported participants fell from 198 in the plan year 2022 filing to 184 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 201262938 · Lester Building Systems LLC. PY 2023 · 401(k)

Lester Retirement Builder Savings Plan · $14M · 184 · 66th

  • BOY $14M
  • BOY 184
  • BOY 66th
  • BOY 401(k)
  • BOY near Cusb Bank 401(k) Profit Sharing Plan & Trust
  • BOY ind #10221

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…$14MCusb Bank 401(k) Profit Sharing Plan & TrustCusb Bank 401(k) Profit Shar…$14MProforma 401(k) Plan$14MSpooner Retirement Savings PlanSpooner Retirement Savings P…$14MMp Associates, Inc. 401(k) Profit Sharing PlanMp Associates, Inc. 401(k) P…$14M
End-of-year total assets ($M) among Lester Retirement Builder Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
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 -50510152025 Total assets ($B) Participants Lester Retirement Builder Savings Plan, Total assets ($B): 0.01438279 · Participants: 184Lester Retirement Builder Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.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 Cusb Bank 401(k) Profit Sharing Plan & Trust in IA ($14M); by covered participants it is Afiniti 401(k) Plan in DC (184 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (184 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Lester Retirement Builder Savings Plan grew sharply - up 25.3% during 2023, from $11M to $14M. Reported net income was $3M.
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 Cusb Bank 401(k) Profit Sharing Plan & Trust in IA ($14M, 107 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 Afiniti 401(k) Plan in DC (184 participants, $5M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.