ESOP · DOL Form 5500 · 2023

Lerch Bates Inc. ESOP

Data updated 2026-08-25

$56M
Total assets Below avg plan size
351
Participants Below avg headcount
87th
Percentile by assets National rank
$160,861
Avg per participant Above avg balance/head
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Official DOL plan name: Lerch Bates Inc. Employee Stock Ownership Plan and Trust · Sponsored by Lerch Bates Inc. · Colorado · Professional & Technical Services

$56M in assets, 351 participants

Lerch Bates Inc.'s Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported $56M in total assets and 351 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.

  • #17,853 in Professional & Technical Services (20,321 peers)

Where Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits by assets

Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $56M for 351 participants (~$160,861/participant), up 24.6% in 2023.

#17,853
in Professional & Technical Services (20,321 peers)
+24.6%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Lerch Bates Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

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

$56,462,120 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

Lerch Bates Inc. Employee Stock Ownership Plan and Trust 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. Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (351 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported net income rose from $5M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Lerch Bates Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $45M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported participants rose from 290 in the plan year 2022 filing to 351 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 362285171 · Lerch Bates Inc. PY 2023 · ESOP

Lerch Bates Inc. Employee Stock Ownership Plan and Trust · $56M · 351 · 87th

  • BOOK $56M
  • VS-ST 351
  • BOY 87th
  • SCH ESOP
  • EBSA near Action Sales Employee Stock Ownership Plan
  • PART ind #17853

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 Colorado →

Lerch Bates Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Alatrade Foods Holdings, Inc. Employee Stock Ownership PlanAlatrade Foods Holdings, Inc…$57MLerch Bates Inc. Employee Stock Ownership Plan and TrustLerch Bates Inc. Employee St…$56MAction Sales Employee Stock Ownership PlanAction Sales Employee Stock …$56MDigital Dynamics, Inc. Employee Stock Ownership PlanDigital Dynamics, Inc. Emplo…$56MBsc Ventures Holdings, Inc. Employee Stock Ownership PlanBsc Ventures Holdings, Inc. …$56M
End-of-year total assets ($M) among Lerch Bates Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$54M
Net Income$11M
Employer EIN362285171
Plan Effective Date1986-11-06
Filing StatusFILING RECEIVED

Sponsor Plan History (Lerch Bates Inc.)

Sponsor-wide plan assets over time

All Lerch Bates Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$122M 38.163514377320375% vs 2022
2024 filing year
$80M$100M$120M$140M 202220232024 $88.5M $122M ▲ +38.2%
Year Plans Participants Total Assets
2022 2 593 $88M
2023 2 686 $109M
2024 2 668 $122M

Nearby ESOP Plans in Colorado

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

Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants Scatter plot of 6 data points. 020040060080010001200 0100200300400500 Total assets ($M) Participants Lerch Bates Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 56.46212 · Participants: 351Lerch Bates Inc. Employee Stock Ownership Plan and TrustAlpine Lumber Company Employee Stock Ownership Plan, Total assets ($M): 385.149702 · Participants: 581Alpine Lumber Company Employee Stock Ownership PlanTrinidad Benham Corp. Employee Stock Ownership Plan, Total assets ($M): 266.310908 · Participants: 776Trinidad Benham Corp. Employee Stock Ownership PlanEnvision Management Holding, Inc. Employee Stock Ownership Plan, Total assets ($M): 211.311494 · Participants: 1075Envision Management Holding, Inc. Employee Stock Ownership PlanBrown Strauss, Inc. Employee Stock Ownership Plan, Total assets ($M): 209.447754 · Participants: 206Brown Strauss, Inc. Employee Stock Ownership PlanHercules Industries, Inc. Employee Stock Ownership Plan, Total assets ($M): 106.310439 · Participants: 444Hercules Industries, Inc. Employee Stock Ownership Plan
Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Colorado, assets vs. participants
Compare Lerch Bates Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Lerch Bates Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside Colorado, the nearest ESOP by assets is Action Sales Employee Stock Ownership Plan in CA ($56M); by covered participants it is Mangan, Inc. Employee Stock Ownership Plan in CA (351 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (351 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 Lerch Bates Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Lerch Bates Inc. Employee Stock Ownership Plan and Trust grew sharply - up 24.6% during 2023, from $45M to $56M. Reported net income was $11M.
How have Lerch Bates Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lerch Bates Inc.'s sponsor-wide assets grew 38.2%, from $88M to $122M.
Where does Lerch Bates Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Lerch Bates Inc. Employee Stock Ownership Plan and Trust 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 ESOP plans are similar in size to Lerch Bates Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Action Sales Employee Stock Ownership Plan in CA ($56M, 140 participants).
Which ESOP plans cover a similar participant headcount to Lerch Bates Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Mangan, Inc. Employee Stock Ownership Plan in CA (351 participants, $37M 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 362285171.

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.