401(k) · DOL Form 5500 · 2024

LTS 401(k) Plan

Data updated 2026-08-25

$27M
Total assets Below avg plan size
294
Participants Below avg headcount
75th
Percentile by assets National rank
$91,130
Avg per participant Below avg balance/head
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Official DOL plan name: Lts 401(k) Profit Sharing Plan · Sponsored by LTS · Virginia · Professional & Technical Services

$27M in assets, 294 participants

LTS's Lts 401(k) Profit Sharing Plan reported $27M in total assets and 294 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #15,227 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

Lts 401(k) Profit Sharing Plan covers 294 participants in Virginia, about 38% of the average Virginia filer (state average ~782 per filing). Assets: $27M.

#15,227
in Professional & Technical Services (20,173 peers)
+2.6%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Lts 401(k) Profit Sharing Plan's outsized position by total assets

Lts 401(k) Profit Sharing Plan vs every filed plan by assets

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

$26,792,206 Top 25% higher than 75% 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

Lts 401(k) Profit Sharing 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. Lts 401(k) Profit Sharing Plan sits mid-pack in the medium band (294 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lts 401(k) Profit Sharing Plan reported net income fell from $4M in the plan year 2023 filing to $667K in the plan year 2024 filing.
  • Lts 401(k) Profit Sharing Plan reported participants fell from 409 in the plan year 2023 filing to 294 in the plan year 2024 filing.
  • Lts 401(k) Profit Sharing Plan end-of-year assets rose from $26M in the plan year 2023 filing to $27M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 203409438 · LTS PY 2024 · 401(k)

Lts 401(k) Profit Sharing Plan · $27M · 294 · 75th

  • RANK $27M
  • PHOTO 294
  • IND 75th
  • EOY 401(k)
  • 5500 near Dan's Excavating, Inc. 401(k) Plan
  • ASSETS ind #15227

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 Professional & Technical Services retirement plans → · Plans in Virginia →

Lts 401(k) Profit Sharing Plan in the asset neighbourhood

Simco Profit Sharing 401(k) PlanSimco Profit Sharing 401(k) …$27MLts 401(k) Profit Sharing PlanLts 401(k) Profit Sharing Pl…$27MDan's Excavating, Inc. 401(k) PlanDan's Excavating, Inc. 401(k…$27MBake'n Joy Foods 401(k) Plan$27MAscendum Machinery, Inc. 401(k) PlanAscendum Machinery, Inc. 401…$27M
End-of-year total assets ($M) among Lts 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$27M
Net Income$667K
Employer EIN203409438
Plan Effective Date2013-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LTS)

Sponsor-wide plan assets over time

All LTS plans reported in each filing year

Latest sponsor-wide plan assets
$27M 23.463445594406807% vs 2022
2024 filing year
$20M$22M$24M$26M$28M 202220232024 $21.7M $26.8M ▲ +23.5%
Year Plans Participants Total Assets
2022 1 322 $22M
2023 1 409 $26M
2024 1 294 $27M

Nearby 401(k) Plans in Virginia

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

Lts 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Lts 401(k) Profit Sharing Plan, Total assets ($B): 0.026792206 · Participants: 294Lts 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
Lts 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Lts 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Dan's Excavating, Inc. 401(k) Plan in MI ($27M); by covered participants it is Topographic Om, Inc. Retirement Plan in TX (294 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($27M here).

Similar participant headcount

Nearest other-state filings by covered participants (294 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 Lts 401(k) Profit Sharing Plan assets move in 2024?
Lts 401(k) Profit Sharing Plan edged up modestly - up 2.6% during 2024, from $26M to $27M. Reported net income was $667K.
How have LTS plan assets changed over time?
Across 3 plan years on file (2022-2024), LTS's sponsor-wide assets grew 23.5%, from $22M to $27M.
Where does Lts 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Lts 401(k) Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Lts 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Dan's Excavating, Inc. 401(k) Plan in MI ($27M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Lts 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Topographic Om, Inc. Retirement Plan in TX (294 participants, $21M in assets).