401(k) · DOL Form 5500 · 2023

Letter Systems, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
151
Participants Small participant base
77th
Percentile by assets National rank
$167,167
Avg per participant Above avg balance/head
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Official DOL plan name: Letter Systems, Inc. Employee Stock Ownership 401(k) Plan · Sponsored by Letter Systems, Inc. · Maine · Manufacturing

$25M in assets, 151 participants

Letter Systems, Inc.'s Letter Systems, Inc. Employee Stock Ownership 401(k) Plan reported $25M in total assets and 151 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #12,665 in Manufacturing (18,722 peers)

Coverage in Maine

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan covers 151 participants in Maine, about 32% of the average Maine filer (state average ~472 per filing). Assets: $25M.

#12,665
in Manufacturing (18,722 peers)
+31.1%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan's outsized position by total assets

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan vs every filed plan by assets

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

$25,242,168 Top 23% higher than 77% 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

Letter Systems, Inc. Employee Stock Ownership 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. Letter Systems, Inc. Employee Stock Ownership 401(k) Plan sits mid-pack in the medium band (151 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Letter Systems, Inc. Employee Stock Ownership 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $6M in the plan year 2023 filing.
  • Letter Systems, Inc. Employee Stock Ownership 401(k) Plan end-of-year assets rose from $19M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Letter Systems, Inc. Employee Stock Ownership 401(k) Plan reported participants fell from 157 in the plan year 2022 filing to 151 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 010263845 · Letter Systems, Inc. PY 2023 · 401(k)

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan · $25M · 151 · 77th

  • 5500 $25M
  • 5500 151
  • 5500 77th
  • 5500 401(k)
  • 5500 near National Investment Services Retirement Plan
  • 5500 ind #12665

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 Maine →

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan in the asset neighbourhood

Letter Systems, Inc. Employee Stock Ownership 401(k) PlanLetter Systems, Inc. Employe…$25MNational Investment Services Retirement PlanNational Investment Services…$25MDynomax, Inc. 401(k) Savings Retirement PlanDynomax, Inc. 401(k) Savings…$25MKoetter Woodworking, Inc. 401(k) PlanKoetter Woodworking, Inc. 40…$25MElga Credit Union Employee's 401(k) PlanElga Credit Union Employee's…$25M
End-of-year total assets ($M) among Letter Systems, Inc. Employee Stock Ownership 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maine filing particulars

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$25M
Net Income$6M
Employer EIN010263845
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Letter Systems, Inc.)

Sponsor-wide plan assets over time

All Letter Systems, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 39.71469293530284% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $19.3M $26.9M ▲ +39.7%
Year Plans Participants Total Assets
2022 1 157 $19M
2023 1 151 $25M
2024 1 127 $27M

Nearby 401(k) Plans in Maine

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

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Letter Systems, Inc. Employee Stock Ownership 401(k) Plan, Total assets ($B): 0.025242168 · Participants: 151Letter Systems, Inc. Employee Stock Ownership 401(k) PlanTd 401(k) Retirement Plan, Total assets ($B): 4.942173822 · Participants: 30094Td 401(k) Retirement PlanUnum Group 401(k) Retirement Plan, Total assets ($B): 2.163858906 · Participants: 9604Unum Group 401(k) Retirement PlanIdexx Retirement and Incentive Savings Plan, Total assets ($B): 1.048053529 · Participants: 6594Idexx Retirement and Incentive Savings PlanHannaford Bros. Co. 401(k) Plan, Total assets ($B): 0.986043827 · Participants: 29370Hannaford Bros. Co. 401(k) PlanL.L. Bean 401(k) Retirement Savings Plan, Total assets ($B): 0.721305706 · Participants: 7173L.L. Bean 401(k) Retirement Savings Plan
Letter Systems, Inc. Employee Stock Ownership 401(k) Plan vs. nearby 401(k) plans in Maine, assets vs. participants
Compare Letter Systems, Inc. Employee Stock Ownership 401(k) Plan side-by-side with 3 peers →

Letter Systems, Inc. Employee Stock Ownership 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Maine, the nearest 401(k) by assets is National Investment Services Retirement Plan in WI ($25M); by covered participants it is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (151 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 Letter Systems, Inc. Employee Stock Ownership 401(k) Plan assets move in 2023? ▼
Letter Systems, Inc. Employee Stock Ownership 401(k) Plan surged - up 31.1% during 2023, from $19M to $25M. Reported net income was $6M.
How have Letter Systems, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Letter Systems, Inc.'s sponsor-wide assets grew 39.7%, from $19M to $27M.
Where does Letter Systems, Inc. Employee Stock Ownership 401(k) Plan rank by assets among Form 5500 filers? ▼
Letter Systems, Inc. Employee Stock Ownership 401(k) Plan ranks in the 77th 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 Letter Systems, Inc. Employee Stock Ownership 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is National Investment Services Retirement Plan in WI ($25M, 36 participants).
Which 401(k) plans cover a similar participant headcount to Letter Systems, Inc. Employee Stock Ownership 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Air Conditioning Innovative Solutions 401(k) Plan in TX (151 participants, $8M 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 010263845.

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.