401(k) · DOL Form 5500 · 2024

Lester Building Systems LLC. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
186
Participants Below avg headcount
64th
Percentile by assets National rank
$80,776
Avg per participant Below avg balance/head
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Official DOL plan name: Lester Retirement Builder Savings Plan · Sponsored by Lester Building Systems LLC. · Minnesota · Manufacturing

$15M in assets, 186 participants

Lester Building Systems LLC.'s Lester Retirement Builder Savings Plan reported $15M in total assets and 186 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #9,331 in Manufacturing (17,777 peers)

Coverage in Minnesota

Lester Retirement Builder Savings Plan covers 186 participants in Minnesota, about 17% of the average Minnesota filer (state average ~1,126 per filing). Assets: $15M.

#9,331
in Manufacturing (17,777 peers)
+4.5%
assets growth YoY

Lester Retirement Builder Savings Plan's mid-pack asset rank among Manufacturing and all filers

Lester Retirement Builder Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$15,024,351 Top 36% higher than 64% of 123,620 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 2024

Lester Retirement Builder Savings Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lester Retirement Builder Savings Plan sits mid-pack in the medium band (186 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lester Retirement Builder Savings Plan reported net income fell from $3M in the plan year 2023 filing to $642K in the plan year 2024 filing.
  • Lester Retirement Builder Savings Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Lester Retirement Builder Savings Plan reported participants rose from 184 in the plan year 2023 filing to 186 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 201262938 · Lester Building Systems LLC. PY 2024 · 401(k)

Lester Retirement Builder Savings Plan · $15M · 186 · 64th

  • EOY $15M
  • EOY 186
  • EOY 64th
  • EOY 401(k)
  • EOY near Collier Services Retirement Savings Plan
  • EOY ind #9331

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 Manufacturing retirement plans → · Plans in Minnesota →

Lester Retirement Builder Savings Plan in the asset neighbourhood

Lester Retirement Builder Savings PlanLester Retirement Builder Sa…$15MCollier Services Retirement Savings PlanCollier Services Retirement …$15MStoelzle Glass USA, Inc. 401(k) PlanStoelzle Glass USA, Inc. 401…$15MSynacor, Inc 401(k) Profit Sharing PlanSynacor, Inc 401(k) Profit S…$15MPeninsula Orthopedic Associates Profit Sharing 401(k) PlanPeninsula Orthopedic Associa…$15M
End-of-year total assets ($M) among Lester Retirement Builder Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$642K
Employer EIN201262938
Plan Effective Date2004-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lester Building Systems LLC.)

Sponsor-wide plan assets over time

All Lester Building Systems LLC. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 30.901093221635534% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.5M $15M ▲ +30.8%
Year Plans Participants Total Assets
2022 1 198 $11M
2023 1 184 $14M
2024 1 186 $15M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Lester Retirement Builder Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Lester Retirement Builder Savings Plan, Total assets ($B): 0.015024351 · Participants: 186Lester Retirement Builder Savings PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Lester Retirement Builder Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Lester Retirement Builder Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Collier Services Retirement Savings Plan in NJ ($15M); by covered participants it is Recovery Unplugged 401(k) Plan in FL (186 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (186 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lester Retirement Builder Savings Plan assets move in 2024?
Lester Retirement Builder Savings Plan edged up modestly - up 4.5% during 2024, from $14M to $15M. Reported net income was $642K.
How have Lester Building Systems LLC. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lester Building Systems LLC.'s sponsor-wide assets grew 30.9%, from $11M to $15M.
Which 401(k) plans are similar in size to Lester Retirement Builder Savings Plan?
Among 401(k) plans in other states, the closest by assets is Collier Services Retirement Savings Plan in NJ ($15M, 191 participants).
Which 401(k) plans cover a similar participant headcount to Lester Retirement Builder Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Recovery Unplugged 401(k) Plan in FL (186 participants, $859K in assets).