Plan Ledger DOL Form 5500 · updated monthly

Lanford Brothers CompanyESOP

LANFORD BROTHERS COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN · ROANOKE, VA · plan year 2022

Reported admin expense ratio · 2022
0.00%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Lanford Brothers Company reported $79 in plan administrative expenses for 2022: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,699 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Virginia (1,166th of 2,266), and the 2,430th of 5,337 in construction.

Plan summary
Net assets, end of year$15,325,176
Participants with balances121
Active participants77
Employer contributions$361,826
Employee contributions—
Employer contribution per active participant$4,699
Average account balance$126,654
Benefits paid to participants$382,879
Plan auditUnmodified (clean) audit opinion
AuditorDAVIDSON DOYLE & HILTON, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$13.5M · 157 accts · $109K emplr
2023$13.5M · 147 accts · $112K emplr
2022$15.3M · 121 accts · $362K emplr
Employer contributions to the Lanford Brothers Company plan · 2022
Employer contribution per active participant$4,699
Median for plans this size$2,266
2024$1,310 per active participant
2023$1,329 per active participant
2022$4,699 per active participant

Lanford Brothers Company's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022$79 · 0.00%
Same employer
Similar plansConstruction · Virginia
Uniwest Construction, Inc. VA$16.3M · 0.36%
C.W. Strittmatter, Inc. VA$16.2M · 0.48%
Bowa Builders, Inc. VA$16.0M · 0.48%
Nycom, Inc. VA$15.5M · 0.01%
Terratest, Inc. VA$14.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 540676748 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.