ESOP · DOL Form 5500 · 2024

Lee Contracting, Inc. ESOP

Data updated 2026-07-24

$250M
Total assets: 565
Participants: 95th
Percentile by assets: $443,318
Avg per participant

Official DOL plan name: Lee Contracting, Inc. Employee Stock Ownership Plan · Sponsored by Lee Contracting, Inc. · Michigan · Construction

$250M in assets, 565 participants

Lee Contracting, Inc.'s Lee Contracting, Inc. Employee Stock Ownership Plan reported $250M in total assets and 565 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

95th percentile by assets (of 116,472 plans)

Where Lee Contracting, Inc. Employee Stock Ownership Plan sits by assets

Lee Contracting, Inc. Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $250M for 565 participants (~$443,318/participant), up 5.4% in 2024.

$250M
total plan assets (2024 EOY): 565
covered participants: 95th
percentile by assets (of 116,472 plans): $443,318
avg assets per participant

Lee Contracting, Inc. Employee Stock Ownership Plan reported net income fell from $77M in the plan year 2023 filing to $13M in the plan year 2024 filing.
Lee Contracting, Inc. Employee Stock Ownership Plan reported participants rose from 500 in the plan year 2023 filing to 565 in the plan year 2024 filing.
Lee Contracting, Inc. Employee Stock Ownership Plan end-of-year assets rose from $238M in the plan year 2023 filing to $250M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Michigan

Industry

Construction

Lee Contracting, Inc. Employee Stock Ownership Plan vs the 2024 asset distribution

By assets, Lee Contracting, Inc. Employee Stock Ownership Plan outranks 95% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.5x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)	$238M
Net Assets (End of Year)	$246M
Net Income	$13M
Employer EIN	383243830
Plan Effective Date	2015-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lee Contracting, Inc.)

Total plan assets by year, all Lee Contracting, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	616	$177M
2023	2	1,040	$259M
2024	2	1,133	$276M

Nearby ESOP Plans in Michigan

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

Lee Contracting, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Michigan, assets vs. participants

Mcnaughton-Mckay Electric Company Employee Stock Ownership Plan $1.6B · 1,780
Project Worldwide, Inc. Employee Stock Ownership Plan $453M · 1,284
Angelo Iafrate, Inc. Employee Stock Ownership Plan $239M · 46
National Nail Corp. Employee Stock Ownership Plan $235M · 155
Bandit Holding Company, Inc. Employee Stock Ownership Plan $182M · 700

Compare Lee Contracting, Inc. Employee Stock Own… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Lee Contracting, Inc. Employee Stock Ownership Plan by total assets, not by location.

Pacific Industrial Corp. Employee Stock Ownership Plan (OR) $251M · 73
Scs Engineers Employee Stock Ownership Plan (CA) $249M · 1,429
Porterville Citrus, Inc. Employee Stock Ownership Plan (CA) $249M · 405
Iec Corporation Employee Stock Ownership Plan (CA) $252M · 1,456

Frequently Asked Questions

How did Lee Contracting, Inc. Employee Stock Ownership Plan assets move in 2024? ▼

Lee Contracting, Inc. Employee Stock Ownership Plan grew at a solid clip - up 5.4% during 2024, from $238M to $250M. Reported net income was $13M.

How have Lee Contracting, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lee Contracting, Inc.'s sponsor-wide assets grew 55.9%, from $177M to $276M.

Where does Lee Contracting, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Lee Contracting, Inc. Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which ESOP plans are similar in size to Lee Contracting, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Pacific Industrial Corp. Employee Stock Ownership Plan in OR ($251M, 73 participants).

Next read for Lee Contracting, Inc. Employee Stock Own…

Scale reading

Ways to act on Lee Contracting, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Lee Contracting, Inc. Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Michigan. Compare plans
Lee Contracting, Inc.'s sponsor-wide assets have grown 55.9% since 2022 across 3 plan years on file. More Construction plans

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 383243830.

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.