ESOP · DOL Form 5500 · 2024
Lerch Bates Inc. ESOP
Data updated 2026-08-25
- $61M
- Total assets Below avg plan size
- 343
- Participants Below avg headcount
- 86th
- Percentile by assets National rank
- $178,579
- Avg per participant Above avg balance/head
Official DOL plan name: Lerch Bates Inc. Employee Stock Ownership Plan and Trust · Sponsored by Lerch Bates Inc. · Colorado · Professional & Technical Services
$61M in assets, 343 participants
Lerch Bates Inc.'s Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported $61M in total assets and 343 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.
- #17,591 in Professional & Technical Services (20,173 peers)
Where Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits by assets
Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $61M for 343 participants (~$178,579/participant), up 8.5% in 2024.
- #17,591
- in Professional & Technical Services (20,173 peers)
- +8.5%
- assets growth YoY
- 0.6×
- vs typical plan assets (national mean)
Lerch Bates Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets
Lerch Bates Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$61,252,727 Top 14% higher than 86% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Lerch Bates Inc. Employee Stock Ownership Plan and Trust 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. Lerch Bates Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (343 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported net income fell from $11M in the plan year 2023 filing to $5M in the plan year 2024 filing.
- Lerch Bates Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $56M in the plan year 2023 filing to $61M in the plan year 2024 filing.
- Lerch Bates Inc. Employee Stock Ownership Plan and Trust reported participants fell from 351 in the plan year 2023 filing to 343 in the plan year 2024 filing.
EBSA filing schedule strip
Filing strip 362285171 · Lerch Bates Inc. PY 2024 · ESOP
Lerch Bates Inc. Employee Stock Ownership Plan and Trust · $61M · 343 · 86th
- ASSETS $61M
- ASSETS 343
- ASSETS 86th
- ASSETS ESOP
- ASSETS near Flynn Burner Corporation Employee Stock Ownership Plan & Trust
- ASSETS ind #17591
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 Colorado →
Lerch Bates Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $56M |
|---|---|
| Net Assets (End of Year) | $59M |
| Net Income | $5M |
| Employer EIN | 362285171 |
| Plan Effective Date | 1986-11-06 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lerch Bates Inc.)
Sponsor-wide plan assets over time
All Lerch Bates Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $122M 38.163514377320375% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 593 | $88M |
| 2023 | 2 | 686 | $109M |
| 2024 | 2 | 668 | $122M |
Nearby ESOP Plans in Colorado
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Alpine Lumber Company Employee Stock Ownership Plan $625M · 597
- Trinidad Benham Corp. Employee Stock Ownership Plan $341M · 1,027
- Envision Management Holding, Inc. Employee Stock Ownership Plan $284M · 1,205
- Brown Strauss, Inc. Employee Stock Ownership Plan $160M · 233
- Hercules Industries, Inc. Employee Stock Ownership Plan $108M · 463
Lerch Bates Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside Colorado, the nearest ESOP by assets is Flynn Burner Corporation Employee Stock Ownership Plan & Trust in NC ($61M); by covered participants it is Iewc Corp. Employee Stock Ownership Plan in WI (343 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($61M here).
- Flynn Burner Corporation Employee Stock Ownership Plan & Trust (NC) $61M · 48
- J&r Schugel Trucking, Inc. Employee Stock Ownership Plan and Trust (MN) $61M · 515
- California Coast University Employee Stock Ownership Plan (CA) $61M · 27
- Midway Ford Truck Center, Inc. Employee Stock Ownership Plan (MO) $61M · 261
Similar participant headcount
Nearest other-state filings by covered participants (343 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.