Plan Ledger DOL Form 5500 · updated monthly

Lantz Construction CompanyESOP

LANTZ CONSTRUCTION COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST · BROADWAY, VA · plan year 2023

Employer contribution per participant · 2023
$5,432

Lantz Construction Company's 2023 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $19,406,181 across 143 participant accounts, with employer contributions averaging $5,432 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other construction employers. By assets it is the 1,014th-largest of 2,266 plans among Virginia employers on file, and the 2,064th of 5,337 in construction.

Plan summary
Net assets, end of year$19,406,181
Participants with balances143
Active participants99
Employer contributions$537,768
Employee contributions—
Employer contribution per active participant$5,432
Average account balance$135,708
Benefits paid to participants$1,300,943
Plan auditUnmodified (clean) audit opinion
AuditorHANTZMON WIEBEL, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$15.9M · 119 accts · $644K emplr
2023$19.4M · 143 accts · $538K emplr
2022$16.5M · 146 accts · $498K emplr
Employer contributions to the Lantz Construction Company plan · 2023
Employer contribution per active participant$5,432
Median for plans this size$2,440
2024$7,494 per active participant
2023$5,432 per active participant
2022$5,478 per active participant

Lantz Construction Company's 2023 employer contribution ran above the $2,440 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
LANTZ CONSTRUCTION COMPANY RETIREMENT PLAN401(k)
LANTZ CONSTRUCTION COMPANY EMPLOYEE STOCK OWNERSHIP PLAN AND TRUSTESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 540679259 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.