ESOP · DOL Form 5500 · 2023
Lee Contracting, Inc. ESOP
Data updated 2026-08-11
- $238M
- Total assets
- 500
- Participants
- 95th
- Percentile by assets
- $475,377
- Avg per participant
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.
- 95th percentile by assets (of 127,072 plans)
- #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.
- $238M
- total plan assets (2023 EOY)
- 500
- covered participants
- 95th
- percentile by assets (of 127,072 plans)
- $475,377
- avg assets per participant
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.
Lee Contracting, Inc. Employee Stock Ownership Plan vs the 2023 asset distribution
By assets, Lee Contracting, Inc. Employee Stock Ownership Plan outranks 95% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 2.4x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $161M |
|---|---|
| Net Assets (End of Year) | $232M |
| Net Income | $77M |
| Employer EIN | 383243830 |
| Plan Effective Date | 2015-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lee Contracting, Inc.)
| 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
- Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.3B · 1,635
- The Kendall Group Employee Stock Ownership Plan $808M · 1,907
- Project Worldwide, Inc. Employee Stock Ownership Plan $436M · 1,173
- Motor City Electric Co. Employee Stock Ownership Plan $258M · 207
- National Nail Corp. Employee Stock Ownership Plan $230M · 172
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Lee Contracting, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Ways to act on Lee Contracting, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Lee Contracting, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
- Lee Contracting, Inc.'s sponsor-wide assets have grown 55.9% since 2022 across 3 plan years on file. More Construction plans