ESOP · DOL Form 5500 · 2024

L.C. Smith, Incorporated ESOP

Data updated 2026-08-25

$914K
Total assets Small plan by assets
7
Participants Small participant base
22nd
Percentile by assets National rank
$130,604
Avg per participant Near avg balance/head
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Official DOL plan name: L.C. Smith, Incorporated Employee Stock Ownership Plan · Sponsored by L.C. Smith, Incorporated · Virginia · Manufacturing

$914K in assets, 7 participants

L.C. Smith, Incorporated's L.C. Smith, Incorporated Employee Stock Ownership Plan reported $914K in total assets and 7 participants in its 2024 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,637 in Manufacturing (17,777 peers)

L.C. Smith, Incorporated multi-year trail

L.C. Smith, Incorporated's plans moved -17.6% in assets from 2022 to 2024; this filing shows L.C. Smith, Incorporated Employee Stock Ownership Plan at $914K / 7 participants.

#1,637
in Manufacturing (17,777 peers)
+4.3%
assets growth YoY

L.C. Smith, Incorporated Employee Stock Ownership Plan among the smaller filed plans by assets

L.C. Smith, Incorporated Employee Stock Ownership Plan vs every filed plan by assets

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

$914,231 22nd percentile higher than 22% 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

L.C. Smith, Incorporated Employee Stock Ownership Plan among micro filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. L.C. Smith, Incorporated Employee Stock Ownership Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • L.C. Smith, Incorporated Employee Stock Ownership Plan reported net income rose from -$233K in the plan year 2023 filing to $19K in the plan year 2024 filing.
  • L.C. Smith, Incorporated Employee Stock Ownership Plan reported participants rose from 6 in the plan year 2023 filing to 7 in the plan year 2024 filing.
  • L.C. Smith, Incorporated Employee Stock Ownership Plan end-of-year assets rose from $876K in the plan year 2023 filing to $914K in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 540476229 · L.C. Smith, Incorporated PY 2024 · ESOP

L.C. Smith, Incorporated Employee Stock Ownership Plan · $914K · 7 · 22nd

  • PHOTO $914K
  • IND 7
  • EOY 22nd
  • 5500 ESOP
  • ASSETS near Smith-Doyle Contractors, Inc. Employee Stock Ownership Plan
  • PCT ind #1637

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 Virginia →

L.C. Smith, Incorporated Employee Stock Ownership Plan in the asset neighbourhood

Dsr, Inc. Employee Stock Ownership Plan and TrustDsr, Inc. Employee Stock Own…$916KJconnelly Employee Stock Ownership PlanJconnelly Employee Stock Own…$917KCma Consulting Holding Company Employee Stock Ownership PlanCma Consulting Holding Compa…$918KL.C. Smith, Incorporated Employee Stock Ownership PlanL.C. Smith, Incorporated Emp…$914KSmith-Doyle Contractors, Inc. Employee Stock Ownership PlanSmith-Doyle Contractors, Inc…$913K
End-of-year total assets ($M) among L.C. Smith, Incorporated Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

L.C. Smith, Incorporated multi-year asset trail

Sponsor-wide plan assets over time

All L.C. Smith, Incorporated plans reported in each filing year

Latest sponsor-wide plan assets
$914K 17.552468111508716% vs 2022
2024 filing year
$0.8M$0.9M$1M$1.1M$1.2M 202220232024 $1.11M $0.91M ▼ -18.0%
Year Plans Participants Total Assets
2022 1 7 $1M
2023 1 6 $876K
2024 1 7 $914K

L.C. Smith, Incorporated filing trail (2024)

Total Assets (Beginning of Year)$876K
Net Assets (End of Year)$895K
Net Income$19K
Employer EIN540476229
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Virginia

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

L.C. Smith, Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants Scatter plot of 6 data points. -200002000400060008000 -0.500.511.5 Total assets ($B) Participants L.C. Smith, Incorporated Employee Stock Ownership Plan, Total assets ($B): 0.000914231 · Participants: 7L.C. Smith, Incorporated Employee Stock Ownership PlanNvr, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.333135639 · Participants: 6515Nvr, Inc. Employee Stock Ownership PlanDelta Star Employee Stock Ownership Plan, Total assets ($B): 0.446814442 · Participants: 222Delta Star Employee Stock Ownership PlanModern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.407104271 · Participants: 1962Modern Technology Solutions, Inc. Employee Stock Ownership Plan and TrustThe Resorts Companies, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.385752212 · Participants: 1811The Resorts Companies, Inc. Employee Stock Ownership PlanNew River Electrical Corporation Employee Stock Ownership Plan, Total assets ($B): 0.380000537 · Participants: 458New River Electrical Corporation Employee Stock Ownership Plan
L.C. Smith, Incorporated Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

L.C. Smith, Incorporated Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Virginia, the nearest ESOP by assets is Smith-Doyle Contractors, Inc. Employee Stock Ownership Plan in TN ($913K); by covered participants it is Haviland Bancshares, Inc. Employee Stock Ownership Plan and Trust in KS (7 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 L.C. Smith, Incorporated Employee Stock Ownership Plan assets move in 2024?
L.C. Smith, Incorporated Employee Stock Ownership Plan edged up modestly - up 4.3% during 2024, from $876K to $914K. Reported net income was $19K.
How have L.C. Smith, Incorporated plan assets changed over time?
Across 3 plan years on file (2022-2024), L.C. Smith, Incorporated's sponsor-wide assets declined 17.6%, from $1M to $914K.
Where does L.C. Smith, Incorporated Employee Stock Ownership Plan rank by assets among Form 5500 filers?
L.C. Smith, Incorporated Employee Stock Ownership Plan ranks in the 22nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to L.C. Smith, Incorporated Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Smith-Doyle Contractors, Inc. Employee Stock Ownership Plan in TN ($913K, 18 participants).
Which ESOP plans cover a similar participant headcount to L.C. Smith, Incorporated Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by covered participants is Haviland Bancshares, Inc. Employee Stock Ownership Plan and Trust in KS (7 participants, $2M in assets).