ESOP · DOL Form 5500 · 2023
Lanford Brothers Company ESOP
Data updated 2026-08-11
- $14M
- Total assets
- 105
- Participants
- 65th
- Percentile by assets
- $129,830
- Avg per participant
Official DOL plan name: Lanford Brothers Company, Inc. Employee Stock Ownership Plan · Sponsored by Lanford Brothers Company · Virginia · Construction
$14M in assets, 105 participants
Lanford Brothers Company's Lanford Brothers Company, Inc. Employee Stock Ownership Plan reported $14M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.
- 65th percentile by assets (of 127,072 plans)
- #5,766 in Construction (9,030 peers)
Coverage in Virginia
Lanford Brothers Company, Inc. Employee Stock Ownership Plan covers 105 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $14M.
- $14M
- total plan assets (2023 EOY)
- 105
- covered participants
- 65th
- percentile by assets (of 127,072 plans)
- $129,830
- avg assets per participant
The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lanford Brothers Company, Inc. Employee Stock Ownership Plan reported net income fell from $189K in the plan year 2022 filing to -$2M in the plan year 2023 filing.
- Lanford Brothers Company, Inc. Employee Stock Ownership Plan reported participants rose from 81 in the plan year 2022 filing to 105 in the plan year 2023 filing.
- Lanford Brothers Company, Inc. Employee Stock Ownership Plan end-of-year assets fell from $16M in the plan year 2022 filing to $14M in the plan year 2023 filing.
Participants vs Virginia filers
In Virginia, the average filing covers about 782 participants across 3,655 plans. Lanford Brothers Company, Inc. Employee Stock Ownership Plan reports 105 participants - about 13% of that state average ($14M EOY assets).
Virginia filing particulars
| Total Assets (Beginning of Year) | $16M |
|---|---|
| Net Assets (End of Year) | $14M |
| Net Income | -$2M |
| Employer EIN | 540676748 |
| Plan Effective Date | 1970-12-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lanford Brothers Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 81 | $16M |
| 2023 | 1 | 105 | $14M |
| 2024 | 1 | 98 | $14M |
Nearby ESOP Plans in Virginia
Peer ESOP plans, same state, same plan type, ranked by total assets.
Lanford Brothers Company, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
- Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
- The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
- American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
- Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
- New River Electrical Corporation Employee Stock Ownership Plan $321M · 444
Similar-Sized ESOP Plans Nationally
ESOP plans in other states closest to Lanford Brothers Company, Inc. Employee Stock Ownership Plan by total assets, not by location.
Frequently Asked Questions
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Filing takeaways
Ways to act on Lanford Brothers Company, Inc. Employee Stock Ownership Plan's numbers.
- By total assets, Lanford Brothers Company, Inc. Employee Stock Ownership Plan ranks above the median plan by assets. See the largest plans
- Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
- Lanford Brothers Company's sponsor-wide assets have declined 12.9% since 2022 across 3 plan years on file. More Construction plans