ESOP · DOL Form 5500 · 2024

Lt Corporation, Inc. ESOP

Data updated 2026-08-25

$179M
Total assets Near avg plan size
499
Participants Below avg headcount
94th
Percentile by assets National rank
$358,457
Avg per participant High balance/head
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Official DOL plan name: Lt Corporation & Affiliates Employee Stock Ownership Plan · Sponsored by Lt Corporation, Inc. · Mississippi · Manufacturing

$179M in assets, 499 participants

Lt Corporation, Inc.'s Lt Corporation & Affiliates Employee Stock Ownership Plan reported $179M in total assets and 499 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • #16,112 in Manufacturing (17,777 peers)

Where Lt Corporation & Affiliates Employee Stock Ownership Plan sits by assets

Lt Corporation & Affiliates Employee Stock Ownership Plan sits in the top 10% of all filed plans by assets, $179M for 499 participants (~$358,457/participant), up 12.2% in 2024.

#16,112
in Manufacturing (17,777 peers)
+12.2%
assets growth YoY
1.8×
vs typical plan assets (national mean)

Lt Corporation & Affiliates Employee Stock Ownership Plan's outsized position by total assets

Lt Corporation & Affiliates Employee Stock Ownership Plan vs every filed plan by assets

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

$178,870,073 Top 6% higher than 94% 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

Lt Corporation & Affiliates 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. Lt Corporation & Affiliates Employee Stock Ownership Plan sits mid-pack in the medium band (499 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lt Corporation & Affiliates Employee Stock Ownership Plan reported net income fell from $23M in the plan year 2023 filing to $14M in the plan year 2024 filing.
  • Lt Corporation & Affiliates Employee Stock Ownership Plan reported participants rose from 399 in the plan year 2023 filing to 499 in the plan year 2024 filing.
  • Lt Corporation & Affiliates Employee Stock Ownership Plan end-of-year assets rose from $159M in the plan year 2023 filing to $179M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 640666466 · Lt Corporation, Inc. PY 2024 · ESOP

Lt Corporation & Affiliates Employee Stock Ownership Plan · $179M · 499 · 94th

  • PART $179M
  • TYPE 499
  • NET 94th
  • BOOK ESOP
  • VS-ST near Gray, Inc. Employee Stock Ownership Plan
  • BOY ind #16112

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 Mississippi →

Lt Corporation & Affiliates Employee Stock Ownership Plan in the asset neighbourhood

Employee Stock Ownership Plan for Employees of David Volkert and Associates, Inc. and SubsidiariesEmployee Stock Ownership Pla…$182MBandit Holding Company, Inc. Employee Stock Ownership PlanBandit Holding Company, Inc.…$182MChemonics International, Inc. Employee Stock Ownership PlanChemonics International, Inc…$181MLt Corporation & Affiliates Employee Stock Ownership PlanLt Corporation & Affiliates …$179MGray, Inc. Employee Stock Ownership PlanGray, Inc. Employee Stock Ow…$177M
End-of-year total assets ($M) among Lt Corporation & Affiliates Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$159M
Net Assets (End of Year)$161M
Net Income$14M
Employer EIN640666466
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lt Corporation, Inc.)

Sponsor-wide plan assets over time

All Lt Corporation, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$206M 39.12875765251585% vs 2022
2024 filing year
$140M$160M$180M$200M$220M 202220232024 $148M $206M ▲ +39.1%
Year Plans Participants Total Assets
2022 2 633 $148M
2023 2 924 $184M
2024 2 1,036 $206M

Nearby ESOP Plans in Mississippi

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

Lt Corporation & Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants Scatter plot of 6 data points. 0500100015002000 50100150200 Total assets ($M) Participants Lt Corporation & Affiliates Employee Stock Ownership Plan, Total assets ($M): 178.870073 · Participants: 499Lt Corporation & Affiliates Employee Stock Ownership PlanMdr Construction, Inc. Employee Stock Ownership Plan, Total assets ($M): 181.221459 · Participants: 652Mdr Construction, Inc. Employee Stock Ownership PlanTelapex, Inc. Employee Stock Ownership Plan, Total assets ($M): 158.465575 · Participants: 1629Telapex, Inc. Employee Stock Ownership PlanF.L. Crane & Sons, Inc. Employee Stock Ownership Plan, Total assets ($M): 109.680748 · Participants: 339F.L. Crane & Sons, Inc. Employee Stock Ownership PlanCommunity Bancshares of Mississippi, Inc. Employee Stock Ownership Plan, Total assets ($M): 80.538218 · Participants: 876Community Bancshares of Mississippi, Inc. Employee Stock Ownership PlanEutaw Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 64.460657 · Participants: 739Eutaw Construction Company, Inc. Employee Stock Ownership Plan
Lt Corporation & Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Mississippi, assets vs. participants

Lt Corporation & Affiliates Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Mississippi, the nearest ESOP by assets is Gray, Inc. Employee Stock Ownership Plan in KY ($177M); by covered participants it is Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust in AZ (499 participants). Same-state nearby plans are listed separately above.

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 Lt Corporation & Affiliates Employee Stock Ownership Plan assets move in 2024?
Lt Corporation & Affiliates Employee Stock Ownership Plan grew at a solid clip - up 12.2% during 2024, from $159M to $179M. Reported net income was $14M.
How have Lt Corporation, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Lt Corporation, Inc.'s sponsor-wide assets grew 39.1%, from $148M to $206M.
Where does Lt Corporation & Affiliates Employee Stock Ownership Plan rank by assets among Form 5500 filers?
Lt Corporation & Affiliates Employee Stock Ownership Plan ranks in the 94th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which ESOP plans are similar in size to Lt Corporation & Affiliates Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Gray, Inc. Employee Stock Ownership Plan in KY ($177M, 1,534 participants).
Which ESOP plans cover a similar participant headcount to Lt Corporation & Affiliates Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Cannon & Wendt Electric Co., Inc. Employee Stock Ownership Plan and Trust in AZ (499 participants, $112M in assets).