Retirement plan

EMPLOYEE STOCK OWNERSHIP PLAN OF LAWRENCE COMPANIES, INC.

Name: LAWRENCE COMPANIES, INC. - EMPLOYEE STOCK OWNERSHIP PLAN OF LAWRENCE COMPANIES, INC. (2024) Form 5500
Creator: LAWRENCE COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE STOCK OWNERSHIP PLAN OF LAWRENCE COMPANIES, INC., LAWRENCE COMPANIES, INC.

LAWRENCE COMPANIES, INC.EIN 46-5759341Plan #002PY 2024

872 LEE HIGHWAY - ROANOKE, VA 24019540-966-4000unitedrelocationgroup.comLinkedIn201-500 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#001Retirement-$9.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$28M

+25.3% from 2023

Total participants

345

-2.3% from 2023

Average account balance

$82,110

+29.0% from 2023

Annual return

22.87%

+41.05 pp from 2023

Benchmarks

See 1,226 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,226 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$28.00M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$82K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

341

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+22.87%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$17

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$6K

$30 / participant

Recordkeeping$4K74.7%
Other / not subdivided$2K25.3%

% of EOY assets

0.021%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BROWN EDWARDS
Auditor EIN: 540504608
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,110

$54,679+50.2%

$76,119+7.9%

$74,459+10.3%

Participation rate

98.0%

60.3%+37.7pp

69.1%+28.9pp

67.2%+30.8pp

Annual return

22.87%

31.90%-9.0pp

361.25%-338.4pp

1369.70%-1346.8pp

Employer contribution / active EE

$6,544

$1,781+267.3%

$2,693+143.0%

$2,626+149.2%

Participant deferral / active EE

$3,072-100.0%

$4,259-100.0%

$4,350-100.0%

Admin fee / account holder

$17

$2,238-99.2%

$6,421-99.7%

$1,945-99.1%

EMPLOYEE STOCK OWNERSHIP PLAN OF LAWRENCE COMPANIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE STOCK OWNERSHIP PLAN OF LAWRENCE COMPANIES, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion