ESOP · DOL Form 5500 · 2024

The Lester Group, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
162
Participants Small participant base
33rd
Percentile by assets National rank
$17,698
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: The Lester Group, Inc Employee Stock Ownership Plan · Sponsored by The Lester Group, Inc. · Virginia · Retail Trade

$3M in assets, 162 participants

The Lester Group, Inc.'s The Lester Group, Inc Employee Stock Ownership Plan reported $3M in total assets and 162 participants in its 2024 DOL Form 5500 filing, ranking in the 33rd 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.

  • #3,650 in Retail Trade (8,048 peers)

Coverage in Virginia

The Lester Group, Inc Employee Stock Ownership Plan covers 162 participants in Virginia, about 21% of the average Virginia filer (state average ~782 per filing). Assets: $3M.

#3,650
in Retail Trade (8,048 peers)
+0.8%
assets growth YoY

The plan reported a net loss of $5K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Lester Group, Inc Employee Stock Ownership Plan among the smaller filed plans by assets

The Lester Group, Inc Employee Stock Ownership Plan vs every filed plan by assets

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

$2,867,055 33rd percentile higher than 33% 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

The Lester Group, Inc Employee Stock Ownership 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. The Lester Group, Inc Employee Stock Ownership Plan sits mid-pack in the medium band (162 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Lester Group, Inc Employee Stock Ownership Plan reported net income fell from $146K in the plan year 2023 filing to -$5K in the plan year 2024 filing.
  • The Lester Group, Inc Employee Stock Ownership Plan reported participants fell from 165 in the plan year 2023 filing to 162 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 540281310 · The Lester Group, Inc. PY 2024 · ESOP

The Lester Group, Inc Employee Stock Ownership Plan · $3M · 162 · 33rd

  • EOY $3M
  • 5500 162
  • ASSETS 33rd
  • PCT ESOP
  • EIN near Flewelling & Moody Employee Stock Ownership Plan
  • RANK ind #3650

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 Virginia →

The Lester Group, Inc Employee Stock Ownership Plan in the asset neighbourhood

The Lester Group, Inc Employee Stock Ownership PlanThe Lester Group, Inc Employ…$3MFlewelling & Moody Employee Stock Ownership PlanFlewelling & Moody Employee …$3ME.D. Swett, Inc. Employee Stock Ownership PlanE.D. Swett, Inc. Employee St…$3MTrideum Corporation Employee Stock Ownership PlanTrideum Corporation Employee…$3MMadison County Bank Employee Stock Ownership PlanMadison County Bank Employee…$3M
End-of-year total assets ($M) among The Lester Group, Inc Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$5K
Employer EIN540281310
Plan Effective Date1966-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Lester Group, Inc.)

Sponsor-wide plan assets over time

All The Lester Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 34.26452314582426% vs 2022
2024 filing year
$6M$7M$8M$9M$10M 202220232024 $6.63M $8.9M ▲ +34.2%
Year Plans Participants Total Assets
2022 2 359 $7M
2023 2 363 $8M
2024 2 361 $9M

Nearby ESOP Plans in Virginia

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

The Lester Group, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants The Lester Group, Inc Employee Stock Ownership Plan, Total assets ($B): 0.002867055 · Participants: 162The Lester Group, Inc Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
The Lester Group, Inc Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants
Compare The Lester Group, Inc Employee Stock Ownership Plan side-by-side with 3 peers →

The Lester Group, Inc Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Flewelling & Moody Employee Stock Ownership Plan in CA ($3M); by covered participants it is Minnesota Elevator, Inc. Employee Stock Ownership Plan in MN (162 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (162 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 The Lester Group, Inc Employee Stock Ownership Plan assets move in 2024? ▼
The Lester Group, Inc Employee Stock Ownership Plan held essentially flat - up 0.8% during 2024, from $3M to $3M. Reported net income was -$5K.
How have The Lester Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Lester Group, Inc.'s sponsor-wide assets grew 34.3%, from $7M to $9M.
Which ESOP plans are similar in size to The Lester Group, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Flewelling & Moody Employee Stock Ownership Plan in CA ($3M, 19 participants).
Which ESOP plans cover a similar participant headcount to The Lester Group, Inc Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Minnesota Elevator, Inc. Employee Stock Ownership Plan in MN (162 participants, $74M in assets).

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 540281310.

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.