401(k)
2024 plan-year 401(k) DOL Form 5500

Lester Electrical of Nebraska, Inc. 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Lester Electrical of Nebraska, Inc. · Nebraska · Manufacturing

What the 2023 filing shows

Lester Electrical of Nebraska, Inc. 401(k) Savings Plan holds $14M for 109 participants — about $124,442 per participant, up 8.1% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
109
covered participants
$124,442
avg assets per participant
+8.1%
assets growth YoY
Total Assets (2023)
$14M
Participants
109
State
Industry
Manufacturing

What the Filing Says About Lester Electrical of Nebraska, Inc. 401(k) Savings Plan

Lester Electrical of Nebraska, Inc. 401(k) Savings Plan is a 401(k) retirement plan sponsored by Lester Electrical of Nebraska, Inc., headquartered in Nebraska. As of the 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 109 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 470470917, and the plan has been effective since 1981-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $13M at the beginning of 2024 to $14M at year-end — a gain of 8.1%. Net assets (after liabilities) closed the year at $14M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$13M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$1M
Plan Type401(k)
Employer EIN470470917
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lester Electrical of Nebraska, Inc.)

Year Plans Participants Total Assets
2022 2 210 $17M
2023 2 203 $18M
2024 2 205 $19M

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Frequently Asked Questions

How much money is in the Lester Electrical of Nebraska, Inc. 401(k) Savings Plan?
As of the 2024 Form 5500 filing, Lester Electrical of Nebraska, Inc. 401(k) Savings Plan holds $14M in total assets with 109 participants. It is sponsored by Lester Electrical of Nebraska, Inc..
What type of plan is Lester Electrical of Nebraska, Inc. 401(k) Savings Plan?
Lester Electrical of Nebraska, Inc. 401(k) Savings Plan is a 401(k) plan. It has been effective since 1981-01-01. The plan is filed with the U.S. Department of Labor under EIN 470470917.
Who sponsors the Lester Electrical of Nebraska, Inc. 401(k) Savings Plan?
Lester Electrical of Nebraska, Inc. 401(k) Savings Plan is sponsored by Lester Electrical of Nebraska, Inc., located in Nebraska. The sponsor's EIN is 470470917 and the plan operates in the Manufacturing industry.
How did Lester Electrical of Nebraska, Inc. 401(k) Savings Plan perform in 2024?
Lester Electrical of Nebraska, Inc. 401(k) Savings Plan grew by 8.1% during 2024, moving from $13M to $14M in total assets. Net income was $1M.
Where can I find official filings for Lester Electrical of Nebraska, Inc. 401(k) Savings Plan?
Official Form 5500 filings for Lester Electrical of Nebraska, Inc. 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 470470917 or plan name at efast.dol.gov.
How does Lester Electrical of Nebraska, Inc. 401(k) Savings Plan compare to other plans?
You can compare Lester Electrical of Nebraska, Inc. 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Nebraska on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 470470917.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.