ESOP · DOL Form 5500 · 2023

The Lester Group, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
165
Participants Small participant base
35th
Percentile by assets National rank
$17,243
Avg per participant Low balance/head
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Official DOL plan name: The Lester Group, Inc Employee Stock Ownership Plan · Sponsored by The Lester Group, Inc. · Virginia · Retail Trade

$3M in assets, 165 participants

The Lester Group, Inc.'s The Lester Group, Inc Employee Stock Ownership Plan reported $3M in total assets and 165 participants in its 2023 DOL Form 5500 filing, ranking in the 35th 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.

  • #3,913 in Retail Trade (8,414 peers)

Coverage in Virginia

The Lester Group, Inc Employee Stock Ownership Plan covers 165 participants in Virginia, about 21% of the average Virginia filer (state average ~782 per filing). Assets: $3M.

#3,913
in Retail Trade (8,414 peers)
+5.6%
assets growth YoY

The Lester Group, Inc Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

The Lester Group, Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$2,845,153 35th percentile higher than 35% 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

The Lester Group, 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. The Lester Group, Inc Employee Stock Ownership Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Lester Group, Inc Employee Stock Ownership Plan reported net income fell from $581K in the plan year 2022 filing to $146K in the plan year 2023 filing.
  • The Lester Group, Inc Employee Stock Ownership Plan end-of-year assets rose from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • The Lester Group, Inc Employee Stock Ownership Plan reported participants rose from 159 in the plan year 2022 filing to 165 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 540281310 · The Lester Group, Inc. PY 2023 · ESOP

The Lester Group, Inc Employee Stock Ownership Plan · $3M · 165 · 35th

  • TYPE $3M
  • NET 165
  • BOOK 35th
  • VS-ST ESOP
  • BOY near Krofam, Inc. & Subsidiaries Employee Stock Ownership Plan & Trust
  • SCH ind #3913

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 Virginia →

The Lester Group, Inc Employee Stock Ownership Plan in the asset neighbourhood

The Lester Group, Inc Employee Stock Ownership PlanThe Lester Group, Inc Employ…$3MKrofam, Inc. & Subsidiaries Employee Stock Ownership Plan & TrustKrofam, Inc. & Subsidiaries …$3MArmstrong Consultants, Inc. Employee Stock Ownership PlanArmstrong Consultants, Inc. …$3MWetherill Engineering, Inc. Employee Stock Ownership PlanWetherill Engineering, Inc. …$3MGreat River Technology, Inc. Employee Stock Ownership PlanGreat River Technology, Inc.…$3M
End-of-year total assets ($M) among The Lester Group, Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income$146K
Employer EIN540281310
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Lester Group, Inc.)

Sponsor-wide plan assets over time

All The Lester Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 34.26452314582426% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.63M $8.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 2 359 $7M
2023 2 363 $8M
2024 2 361 $9M

Nearby ESOP Plans in Virginia

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

The Lester Group, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants The Lester Group, Inc Employee Stock Ownership Plan, Total assets ($B): 0.002845153 · Participants: 165The Lester Group, Inc Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.200416394 · Participants: 6866Nvr, Inc. Employee Stock Ownership PlanThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.351932601 · Participants: 1751The Resorts Companies, Inc. Employee Stock Ownership PlanAmerican Systems Corporation Employee Stock Ownership Plan, Total assets ($B): 0.331314714 · Participants: 1782American Systems Corporation Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.321520666 · Participants: 1652Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.320954252 · Participants: 444New River Electrical Corporation Employee Stock Ownership Plan
The Lester Group, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare The Lester Group, Inc Employee Stock Ownership Plan side-by-side with 3 peers →

The Lester Group, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Krofam, Inc. & Subsidiaries Employee Stock Ownership Plan & Trust in SD ($3M); by covered participants it is Northern Tree Holdco, Inc. Employee Stock Ownership Plan in MA (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 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 The Lester Group, Inc Employee Stock Ownership Plan assets move in 2023? ▼
The Lester Group, Inc Employee Stock Ownership Plan grew at a solid clip - up 5.6% during 2023, from $3M to $3M. Reported net income was $146K.
How have The Lester Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Lester Group, Inc.'s sponsor-wide assets grew 34.3%, from $7M to $9M.
Which ESOP plans are similar in size to The Lester Group, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Krofam, Inc. & Subsidiaries Employee Stock Ownership Plan & Trust in SD ($3M, 57 participants).
Which ESOP plans cover a similar participant headcount to The Lester Group, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Northern Tree Holdco, Inc. Employee Stock Ownership Plan in MA (165 participants, $28M 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 540281310.

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.