ESOP · DOL Form 5500 · 2023

Smith Companies of Lexington, Inc. ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
42
Participants Small participant base
45th
Percentile by assets National rank
$121,982
Avg per participant Near avg balance/head
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Official DOL plan name: Smith Companies of Lexington, Inc. Employee Stock Ownership Plan · Sponsored by Smith Companies of Lexington, Inc. · North Carolina · Retail Trade

$5M in assets, 42 participants

Smith Companies of Lexington, Inc.'s Smith Companies of Lexington, Inc. Employee Stock Ownership Plan reported $5M in total assets and 42 participants in its 2023 DOL Form 5500 filing, ranking in the 45th 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.

  • #4,654 in Retail Trade (8,414 peers)

Smith Companies of Lexington, Inc. multi-year trail

Smith Companies of Lexington, Inc.'s plans moved -26.0% in assets from 2022 to 2024; this filing shows Smith Companies of Lexington, Inc. Employee Stock Ownership Plan at $5M / 42 participants.

#4,654
in Retail Trade (8,414 peers)
+4.7%
assets growth YoY

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$5,123,223 45th percentile higher than 45% 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

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Smith Companies of Lexington, Inc. Employee Stock Ownership Plan is a small filing (42 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Smith Companies of Lexington, Inc. Employee Stock Ownership Plan reported net income rose from -$162K in the plan year 2022 filing to $194K in the plan year 2023 filing.
  • Smith Companies of Lexington, Inc. Employee Stock Ownership Plan reported participants rose from 40 in the plan year 2022 filing to 42 in the plan year 2023 filing.
  • Smith Companies of Lexington, Inc. Employee Stock Ownership Plan end-of-year assets rose from $5M in the plan year 2022 filing to $5M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 561216607 · Smith Companies of Lexington, Inc. PY 2023 · ESOP

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan · $5M · 42 · 45th

  • NET $5M
  • NET 42
  • NET 45th
  • NET ESOP
  • NET near Ark Pharmacies, Inc. Employee Stock Ownership Plan
  • NET ind #4654

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 North Carolina →

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Smith Companies of Lexington, Inc. Employee Stock Ownership PlanSmith Companies of Lexington…$5MArk Pharmacies, Inc. Employee Stock Ownership PlanArk Pharmacies, Inc. Employe…$5MSb Financial Group Employee Stock Ownership PlanSb Financial Group Employee …$5MHopscotch Press, Inc. Employee Stock Ownership PlanHopscotch Press, Inc. Employ…$5MKodabank Employee Stock Ownership PlanKodabank Employee Stock Owne…$5M
End-of-year total assets ($M) among Smith Companies of Lexington, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Smith Companies of Lexington, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Smith Companies of Lexington, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 25.988830202319242% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $9.87M $7.31M ▼ -25.9%
Year Plans Participants Total Assets
2022 2 101 $10M
2023 2 107 $11M
2024 1 73 $7M

Smith Companies of Lexington, Inc. filing trail (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$194K
Employer EIN561216607
Plan Effective Date1984-11-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in North Carolina

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

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -500050010001500 -50050100150200 Total assets ($M) Participants Smith Companies of Lexington, Inc. Employee Stock Ownership Plan, Total assets ($M): 5.123223 · Participants: 42Smith Companies of Lexington, Inc. Employee Stock Ownership PlanColumbia Forest Products, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 181.705477 · Participants: 1330Columbia Forest Products, Inc. Employee Stock Ownership Plan and TrustEcmd, Inc. Employee Stock Ownership Plan, Total assets ($M): 131.739406 · Participants: 922Ecmd, Inc. Employee Stock Ownership PlanPrecision Walls, Inc. Employee Stock Ownership Plan, Total assets ($M): 111.490037 · Participants: 1028Precision Walls, Inc. Employee Stock Ownership PlanRobert E. Mason & Associates, Inc. Employee Stock Ownership Plan, Total assets ($M): 102.100516 · Participants: 273Robert E. Mason & Associates, Inc. Employee Stock Ownership PlanState Utility Contractors, Inc. Employee Stock Ownership Plan, Total assets ($M): 85.875992 · Participants: 144State Utility Contractors, Inc. Employee Stock Ownership Plan
Smith Companies of Lexington, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in North Carolina, assets vs. participants
Compare Smith Companies of Lexington, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Smith Companies of Lexington, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside North Carolina, the nearest ESOP by assets is Ark Pharmacies, Inc. Employee Stock Ownership Plan in TX ($5M); by covered participants it is E.V.S. Ltd. Employee Stock Ownership Plan in IN (42 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (42 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 Smith Companies of Lexington, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Smith Companies of Lexington, Inc. Employee Stock Ownership Plan edged up modestly - up 4.7% during 2023, from $5M to $5M. Reported net income was $194K.
How have Smith Companies of Lexington, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Smith Companies of Lexington, Inc.'s sponsor-wide assets declined 26.0%, from $10M to $7M.
Which ESOP plans are similar in size to Smith Companies of Lexington, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Ark Pharmacies, Inc. Employee Stock Ownership Plan in TX ($5M, 61 participants).
Which ESOP plans cover a similar participant headcount to Smith Companies of Lexington, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is E.V.S. Ltd. Employee Stock Ownership Plan in IN (42 participants, $22M 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 561216607.

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.