ESOP · DOL Form 5500 · 2023

Lee Contracting, Inc. ESOP

Data updated 2026-08-25

$238M
Total assets Near avg plan size
500
Participants Below avg headcount
95th
Percentile by assets National rank
$475,377
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Lee Contracting, Inc. Employee Stock Ownership Plan · Sponsored by Lee Contracting, Inc. · Michigan · Construction

$238M in assets, 500 participants

Lee Contracting, Inc.'s Lee Contracting, Inc. Employee Stock Ownership Plan reported $238M in total assets and 500 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,537 in Construction (9,030 peers)

Where Lee Contracting, Inc. Employee Stock Ownership Plan sits by assets

Lee Contracting, Inc. Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $238M for 500 participants (~$475,377/participant), up 47.5% in 2023.

#8,537
in Construction (9,030 peers)
+47.5%
assets growth YoY
2.4×
vs typical plan assets (national mean)

Lee Contracting, Inc. Employee Stock Ownership Plan's outsized position by total assets

Lee Contracting, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$237,688,318 Top 5% higher than 95% 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

Lee Contracting, Inc. Employee Stock Ownership 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. Lee Contracting, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (500 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lee Contracting, Inc. Employee Stock Ownership Plan reported participants rose from 35 in the plan year 2022 filing to 500 in the plan year 2023 filing.
  • Lee Contracting, Inc. Employee Stock Ownership Plan reported net income rose from $36M in the plan year 2022 filing to $77M in the plan year 2023 filing.
  • Lee Contracting, Inc. Employee Stock Ownership Plan end-of-year assets rose from $161M in the plan year 2022 filing to $238M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 383243830 · Lee Contracting, Inc. PY 2023 · ESOP

Lee Contracting, Inc. Employee Stock Ownership Plan · $238M · 500 · 95th

  • VS-ST $238M
  • VS-ST 500
  • VS-ST 95th
  • VS-ST ESOP
  • VS-ST near United States Sugar Corporation - ESOP Ownership Plan
  • VS-ST ind #8537

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 Michigan →

Lee Contracting, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Lee Contracting, Inc. Employee Stock Ownership PlanLee Contracting, Inc. Employ…$238MUnited States Sugar Corporation - ESOP Ownership PlanUnited States Sugar Corporat…$237MHarbor Linx, Inc. Employee Stock Ownership PlanHarbor Linx, Inc. Employee S…$237MAblenet, Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock…$237MBob's Red Mill Natural Foods, Inc. Employee Stock Ownership PlanBob's Red Mill Natural Foods…$236M
End-of-year total assets ($M) among Lee Contracting, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$161M
Net Assets (End of Year)$232M
Net Income$77M
Employer EIN383243830
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lee Contracting, Inc.)

Sponsor-wide plan assets over time

All Lee Contracting, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$276M 55.93317568491803% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $177M $276M ▲ +55.9%
Year Plans Participants Total Assets
2022 2 616 $177M
2023 2 1,040 $259M
2024 2 1,133 $276M

Nearby ESOP Plans in Michigan

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

Lee Contracting, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0500100015002000 00.511.5 Total assets ($B) Participants Lee Contracting, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.237688318 · Participants: 500Lee Contracting, Inc. Employee Stock Ownership PlanMcnaughton-Mckay Electric Company Employee Stock Ownership Plan, Total assets ($B): 1.30777109 · Participants: 1635Mcnaughton-Mckay Electric Company Employee Stock Ownership PlanThe Kendall Group Employee Stock Ownership Plan, Total assets ($B): 0.808091077 · Participants: 1907The Kendall Group Employee Stock Ownership PlanProject Worldwide, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.436210284 · Participants: 1173Project Worldwide, Inc. Employee Stock Ownership PlanMotor City Electric Co. Employee Stock Ownership Plan, Total assets ($B): 0.258079249 · Participants: 207Motor City Electric Co. Employee Stock Ownership PlanNational Nail Corp. Employee Stock Ownership Plan, Total assets ($B): 0.229676649 · Participants: 172National Nail Corp. Employee Stock Ownership Plan
Lee Contracting, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants
Compare Lee Contracting, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Lee Contracting, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Michigan, the nearest ESOP by assets is United States Sugar Corporation - ESOP Ownership Plan in FL ($237M); by covered participants it is Food Authority Employee Stock Ownership Plan in NY (500 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (500 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 Lee Contracting, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Lee Contracting, Inc. Employee Stock Ownership Plan surged - up 47.5% during 2023, from $161M to $238M. Reported net income was $77M.
How have Lee Contracting, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lee Contracting, Inc.'s sponsor-wide assets grew 55.9%, from $177M to $276M.
Where does Lee Contracting, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Lee Contracting, Inc. Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which ESOP plans are similar in size to Lee Contracting, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is United States Sugar Corporation - ESOP Ownership Plan in FL ($237M, 732 participants).
Which ESOP plans cover a similar participant headcount to Lee Contracting, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Food Authority Employee Stock Ownership Plan in NY (500 participants, $18M 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 383243830.

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.