ESOP · DOL Form 5500 · 2023

L/B Water Service, Inc. ESOP

Data updated 2026-08-11

$215M
Total assets: 208
Participants: 95th
Percentile by assets: $1.0M
Avg per participant

Official DOL plan name: L/B Water Service, Inc. Employee Stock Ownership Plan · Sponsored by L/B Water Service, Inc. · Pennsylvania · Wholesale Trade

$215M in assets, 208 participants

L/B Water Service, Inc.'s L/B Water Service, Inc. Employee Stock Ownership Plan reported $215M in total assets and 208 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)
#6,074 in Wholesale Trade (6,309 peers)

Coverage in Pennsylvania

L/B Water Service, Inc. Employee Stock Ownership Plan covers 208 participants in Pennsylvania, about 25% of the average Pennsylvania filer (state average ~822 per filing). Assets: $215M.

$215M
total plan assets (2023 EOY): 208
covered participants: 95th
percentile by assets (of 127,072 plans): $1.0M
avg assets per participant

L/B Water Service, Inc. Employee Stock Ownership Plan reported net income fell from $47M in the plan year 2022 filing to $16M in the plan year 2023 filing.
L/B Water Service, Inc. Employee Stock Ownership Plan reported participants rose from 192 in the plan year 2022 filing to 208 in the plan year 2023 filing.
L/B Water Service, Inc. Employee Stock Ownership Plan end-of-year assets rose from $201M in the plan year 2022 filing to $215M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Pennsylvania

Industry

Wholesale Trade

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. L/B Water Service, Inc. Employee Stock Ownership Plan reports 208 participants - about 25% of that state average ($215M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)	$201M
Net Assets (End of Year)	$215M
Net Income	$16M
Employer EIN	753036438
Plan Effective Date	2002-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (L/B Water Service, Inc.)

Total plan assets by year, all L/B Water Service, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	409	$219M
2023	2	434	$238M
2024	2	458	$247M

Nearby ESOP Plans in Pennsylvania

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

L/B Water Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants

Wawa, Inc. Employee Stock Ownership Plan $5.3B · 42,695
Bradford White Corporation Employee Stock Ownership Plan and Trust Agreement $1.6B · 342
Centimark Corporation Employee Stock Ownership Plan and Trust $687M · 2,353
Sheetz, Inc. Employee Stock Ownership Plan $686M · 13,858
D & H Employee Stock Ownership Plan $289M · 1,461

Compare L/B Water Service, Inc. Employee Stock O… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to L/B Water Service, Inc. Employee Stock Ownership Plan by total assets, not by location.

Pima Medical Institute Employee Stock Ownership Plan (AZ) $216M · 1,057
Eastern Bank Employee Stock Ownership Plan (MA) $213M · 1,778
Holden Industries, Inc. Employee Stock Ownership Plan (IL) $217M · 1,291
Litehouse, Inc. Employee Stock Ownership Plan (ID) $218M · 1,130

Frequently Asked Questions

How did L/B Water Service, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

L/B Water Service, Inc. Employee Stock Ownership Plan grew at a solid clip - up 7.1% during 2023, from $201M to $215M. Reported net income was $16M.

How have L/B Water Service, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), L/B Water Service, Inc.'s sponsor-wide assets grew 12.5%, from $219M to $247M.

Where does L/B Water Service, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

L/B Water Service, 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 L/B Water Service, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Pima Medical Institute Employee Stock Ownership Plan in AZ ($216M, 1,057 participants).

Next read for L/B Water Service, Inc. Employee Stock O…

Filing takeaways

Ways to act on L/B Water Service, Inc. Employee Stock Ownership Plan's numbers.

By total assets, L/B Water Service, 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 Pennsylvania. Compare plans
L/B Water Service, Inc.'s sponsor-wide assets have grown 12.5% since 2022 across 3 plan years on file. More Wholesale Trade plans

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 753036438.