ESOP · DOL Form 5500 · 2024

Lester R. Summers, Inc. ESOP

Data updated 2026-08-25

$3M
Total assets Small plan by assets
76
Participants Small participant base
33rd
Percentile by assets National rank
$35,876
Avg per participant Low balance/head
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Official DOL plan name: Lester R. Summers, Inc. Employee Stock Ownership Plan · Sponsored by Lester R. Summers, Inc. · Pennsylvania · Transportation & Warehousing

$3M in assets, 76 participants

Lester R. Summers, Inc.'s Lester R. Summers, Inc. Employee Stock Ownership Plan reported $3M in total assets and 76 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.

  • #1,095 in Transportation & Warehousing (3,299 peers)

Lester R. Summers, Inc. multi-year trail

Lester R. Summers, Inc.'s plans moved -29.9% in assets from 2022 to 2024; this filing shows Lester R. Summers, Inc. Employee Stock Ownership Plan at $3M / 76 participants.

#1,095
in Transportation & Warehousing (3,299 peers)
+19.7%
assets growth YoY

Lester R. Summers, Inc. Employee Stock Ownership Plan among the smaller filed plans by assets

Lester R. Summers, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,726,563 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

Lester R. Summers, Inc. Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lester R. Summers, Inc. Employee Stock Ownership Plan is a small filing (76 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lester R. Summers, Inc. Employee Stock Ownership Plan reported net income rose from -$820K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Lester R. Summers, Inc. Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Lester R. Summers, Inc. Employee Stock Ownership Plan reported participants rose from 72 in the plan year 2023 filing to 76 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 231413983 · Lester R. Summers, Inc. PY 2024 · ESOP

Lester R. Summers, Inc. Employee Stock Ownership Plan · $3M · 76 · 33rd

  • BOY $3M
  • BOY 76
  • BOY 33rd
  • BOY ESOP
  • BOY near North Jackson Bank Employee Stock Ownership Plan
  • BOY ind #1095

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 Pennsylvania →

Lester R. Summers, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Lester R. Summers, Inc. Employee Stock Ownership PlanLester R. Summers, Inc. Empl…$3MNorth Jackson Bank Employee Stock Ownership PlanNorth Jackson Bank Employee …$3MDaar Engineering, Inc. Employee Stock Ownership PlanDaar Engineering, Inc. Emplo…$3MKerr-Greulich Engineers, Inc. Employee Stock Ownership PlanKerr-Greulich Engineers, Inc…$3MElectronic Business Machines, Inc. Employee Stock Ownership Plan and Trust AgreementElectronic Business Machines…$3M
End-of-year total assets ($M) among Lester R. Summers, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Lester R. Summers, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Lester R. Summers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 29.946242402239818% vs 2022
2024 filing year
$2M$2.5M$3M$3.5M$4M$4.5M 202220232024 $3.89M $2.73M ▼ -29.8%
Year Plans Participants Total Assets
2022 1 72 $4M
2023 1 72 $2M
2024 1 76 $3M

Lester R. Summers, Inc. filing trail (2024)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)-$21M
Net Income$1M
Employer EIN231413983
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Pennsylvania

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

Lester R. Summers, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants Lester R. Summers, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.002726563 · Participants: 76Lester R. Summers, Inc. Employee Stock Ownership PlanWawa, Inc. Employee Stock Ownership Plan, Total assets ($B): 5.530536956 · Participants: 37745Wawa, Inc. Employee Stock Ownership PlanBradford White Corporation Employee Stock Ownership Plan and Trust Agreement, Total assets ($B): 1.796343385 · Participants: 544Bradford White Corporation Employee Stock Ownership Plan and Trust AgreementSheetz, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.721026406 · Participants: 14939Sheetz, Inc. Employee Stock Ownership PlanCentimark Corporation Employee Stock Ownership Plan and Trust, Total assets ($B): 0.679618162 · Participants: 2444Centimark Corporation Employee Stock Ownership Plan and TrustD & H Employee Stock Ownership Plan, Total assets ($B): 0.313919418 · Participants: 1459D & H Employee Stock Ownership Plan
Lester R. Summers, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare Lester R. Summers, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Lester R. Summers, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is North Jackson Bank Employee Stock Ownership Plan in AL ($3M); by covered participants it is Henick-Lane, Inc. Employee Stock Ownership Plan in NY (76 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (76 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 R. Summers, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
Lester R. Summers, Inc. Employee Stock Ownership Plan grew sharply - up 19.7% during 2024, from $2M to $3M. Reported net income was $1M.
How have Lester R. Summers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lester R. Summers, Inc.'s sponsor-wide assets declined 29.9%, from $4M to $3M.
Which ESOP plans are similar in size to Lester R. Summers, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is North Jackson Bank Employee Stock Ownership Plan in AL ($3M, 69 participants).
Which ESOP plans cover a similar participant headcount to Lester R. Summers, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Henick-Lane, Inc. Employee Stock Ownership Plan in NY (76 participants, $5M 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 231413983.

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.