401(k) · DOL Form 5500 · 2023

Lee County Electric Cooperative, Inc. 401(k) Plan

Data updated 2026-08-25

$57M
Total assets Below avg plan size
388
Participants Below avg headcount
87th
Percentile by assets National rank
$147,696
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lcec 401(k) Plan · Sponsored by Lee County Electric Cooperative, Inc. · Florida · Utilities

$57M in assets, 388 participants

Lee County Electric Cooperative, Inc.'s Lcec 401(k) Plan reported $57M in total assets and 388 participants in its 2023 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.

  • #391 in Utilities (721 peers)

Utilities sector rank

Within Utilities, Lcec 401(k) Plan ranks #391 of 721 2023 filers by assets (937% of the sector average)-$57M for 388 participants.

#391
in Utilities (721 peers)
+18.9%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Lcec 401(k) Plan's outsized position by total assets

Lcec 401(k) Plan vs every filed plan by assets

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

$57,305,983 Top 13% higher than 87% 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

Lcec 401(k) 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. Lcec 401(k) Plan sits mid-pack in the medium band (388 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lcec 401(k) Plan reported net income rose from -$6M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Lcec 401(k) Plan end-of-year assets rose from $48M in the plan year 2022 filing to $57M in the plan year 2023 filing.
  • Lcec 401(k) Plan reported participants fell from 393 in the plan year 2022 filing to 388 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 590329555 · Lee County Electric Cooperative, Inc. PY 2023 · 401(k)

Lcec 401(k) Plan · $57M · 388 · 87th

  • IND $57M
  • IND 388
  • IND 87th
  • IND 401(k)
  • IND near National Material, L.P. Deferred Compensation Plan 401(k)
  • IND ind #391

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 Utilities retirement plans → · Plans in Florida →

Lcec 401(k) Plan in the asset neighbourhood

Ledcor Contractors Group, Inc. 401(k) PlanLedcor Contractors Group, In…$57MLcec 401(k) Plan$57MNational Material, L.P. Deferred Compensation Plan 401(k)National Material, L.P. Defe…$57MOtto Candies, LLC Retirement Savings PlanOtto Candies, LLC Retirement…$57MGeospace Technologies Corporation Employees' 401(k) Retirement PlanGeospace Technologies Corpor…$57M
End-of-year total assets ($M) among Lcec 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Utilities filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$57M
Net Income$9M
Employer EIN590329555
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lee County Electric Cooperative, Inc.)

Sponsor-wide plan assets over time

All Lee County Electric Cooperative, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$123M 31.123175031552037% vs 2022
2024 filing year
$90M$100M$110M$120M$130M 202220232024 $94.2M $123M ▲ +31.1%
Year Plans Participants Total Assets
2022 2 745 $94M
2023 2 734 $109M
2024 2 767 $123M

Nearby 401(k) Plans in Florida

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

Lcec 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Lcec 401(k) Plan, Total assets ($B): 0.057305983 · Participants: 388Lcec 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Lcec 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Lcec 401(k) Plan side-by-side with 3 peers →

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

Outside Florida, the nearest 401(k) by assets is National Material, L.P. Deferred Compensation Plan 401(k) in IL ($57M); by covered participants it is Venerable 401(k) Savings Plan in PA (388 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (388 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 Lcec 401(k) Plan assets move in 2023? ▼
Lcec 401(k) Plan grew sharply - up 18.9% during 2023, from $48M to $57M. Reported net income was $9M.
How have Lee County Electric Cooperative, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lee County Electric Cooperative, Inc.'s sponsor-wide assets grew 31.1%, from $94M to $123M.
Where does Lcec 401(k) Plan rank by assets among Form 5500 filers? ▼
Lcec 401(k) Plan ranks in the 87th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lcec 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Material, L.P. Deferred Compensation Plan 401(k) in IL ($57M, 428 participants).
Which 401(k) plans cover a similar participant headcount to Lcec 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Venerable 401(k) Savings Plan in PA (388 participants, $65M 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 590329555.

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.