ESOP · DOL Form 5500 · 2024

L/B Water Service, Inc. ESOP

Data updated 2026-08-25

$224M
Total assets Near avg plan size
219
Participants Below avg headcount
95th
Percentile by assets National rank
$1.0M
Avg per participant High balance/head
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Official DOL plan name: L/B Water Service, Inc. Employee Stock Ownership Plan · Sponsored by L/B Water Service, Inc. · Pennsylvania · Wholesale Trade

$224M in assets, 219 participants

L/B Water Service, Inc.'s L/B Water Service, Inc. Employee Stock Ownership Plan reported $224M in total assets and 219 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.

  • #5,837 in Wholesale Trade (6,080 peers)

Coverage in Pennsylvania

L/B Water Service, Inc. Employee Stock Ownership Plan covers 219 participants in Pennsylvania, about 27% of the average Pennsylvania filer (state average ~822 per filing). Assets: $224M.

#5,837
in Wholesale Trade (6,080 peers)
+4.3%
assets growth YoY
2.2×
vs typical plan assets (national mean)

L/B Water Service, Inc. Employee Stock Ownership Plan's outsized position by total assets

L/B Water Service, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$224,109,456 Top 5% higher than 95% 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/B Water Service, Inc. Employee Stock Ownership 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. L/B Water Service, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (219 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • L/B Water Service, Inc. Employee Stock Ownership Plan reported net income fell from $16M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • L/B Water Service, Inc. Employee Stock Ownership Plan reported participants rose from 208 in the plan year 2023 filing to 219 in the plan year 2024 filing.
  • L/B Water Service, Inc. Employee Stock Ownership Plan end-of-year assets rose from $215M in the plan year 2023 filing to $224M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 753036438 · L/B Water Service, Inc. PY 2024 · ESOP

L/B Water Service, Inc. Employee Stock Ownership Plan · $224M · 219 · 95th

  • VS-ST $224M
  • BOY 219
  • SCH 95th
  • EBSA ESOP
  • PART near Signature Homes Employee Stock Ownership Plan
  • TYPE ind #5837

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 →

L/B Water Service, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Ganahl Lumber Company Employee Stock Ownership PlanGanahl Lumber Company Employ…$227MMario Sinacola and Sons Excavating, Inc. Employee Stock Ownership PlanMario Sinacola and Sons Exca…$226MPima Medical Institute Employee Stock Ownership PlanPima Medical Institute Emplo…$226MSignature Homes Employee Stock Ownership PlanSignature Homes Employee Sto…$225ML/B Water Service, Inc. Employee Stock Ownership PlanL/B Water Service, Inc. Empl…$224M
End-of-year total assets ($M) among L/B Water Service, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$215M
Net Assets (End of Year)$224M
Net Income$10M
Employer EIN753036438
Plan Effective Date2002-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (L/B Water Service, Inc.)

Sponsor-wide plan assets over time

All L/B Water Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$247M 12.45629845401719% vs 2022
2024 filing year
$210M$220M$230M$240M$250M 202220232024 $219M $247M ▲ +12.5%
Year Plans Participants Total Assets
2022 2 409 $219M
2023 2 434 $238M
2024 2 458 $247M

Nearby ESOP Plans in Pennsylvania

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

L/B Water Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants L/B Water Service, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.224109456 · Participants: 219L/B Water Service, 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
L/B Water Service, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Pennsylvania, assets vs. participants
Compare L/B Water Service, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

L/B Water Service, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Pennsylvania, the nearest ESOP by assets is Signature Homes Employee Stock Ownership Plan in AL ($225M); by covered participants it is Matrix Design Group, Inc. Employee Stock Ownership Plan in CO (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 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 L/B Water Service, Inc. Employee Stock Ownership Plan assets move in 2024? ▼
L/B Water Service, Inc. Employee Stock Ownership Plan edged up modestly - up 4.3% during 2024, from $215M to $224M. Reported net income was $10M.
How have L/B Water Service, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), L/B Water Service, Inc.'s sponsor-wide assets grew 12.5%, from $219M to $247M.
Where does L/B Water Service, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
L/B Water Service, Inc. Employee Stock Ownership Plan ranks in the 95th percentile by end-of-year assets among 123,622 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 L/B Water Service, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Signature Homes Employee Stock Ownership Plan in AL ($225M, 125 participants).
Which ESOP plans cover a similar participant headcount to L/B Water Service, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Matrix Design Group, Inc. Employee Stock Ownership Plan in CO (219 participants, $22M 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 753036438.

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.