Texas › Construction › 100 to 249 participants
Form 5500 statement · plan year 1 Oct 2024 to 30 Sep 2025
The Levy Company, Inc. Employee Stock Ownership Plan
Sponsored by The Levy Company, Inc., Selma, TX
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
The Levy Company, Inc. Employee Stock Ownership Plan is an employee stock ownership plan sponsored by The Levy Company, Inc. of Selma, Texas. For the plan year ending 30 Sep 2025 it reported 243 participants, 138 of them active, and net assets of $4.7M.
Net assets came to $19,493 per participant, well below the $60,185 median for defined contribution plans with 100 to 249 participants and well below the $54,962 median for defined contribution plans in construction. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 1 service provider organisation paid $5,000 or more, with reported compensation of $15K: $61.73 per participant, well below the same-size median of $194. Administrative expenses charged to the plan were $15K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from −$7.3M in 2018 to $4.7M in 2024 (), and participants from 172 to 243 (up 41%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | $19,493 | $60,185 | $54,962 | $53,102 |
| Employer contributions per active participant | — | $2,447 | $2,728 | $2,175 |
| Schedule C compensation per participant | $61.73 | $194 | $162 | $123 |
| Schedule C compensation, share of net assets | 0.32% | 0.32% | 0.33% | 0.26% |
| Administrative expenses per participant | $62.08 | $176 | $166 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 100 to 249 participants (21,996 plans), construction (4,204) and all US plans (63,460). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 243 | $4.7M | $19,494 | — | — | $15K |
| 2023 | 243 | $4.6M | $18,852 | $772K | — | $0 |
| 2022 | 224 | $2.0M | $8,982 | $773K | — | $0 |
| 2021 | 220 | −$1.1M | −$5,136 | $829K | — | $0 |
| 2020 | 222 | −$878K | −$3,955 | $728K | — | $0 |
| 2019 | 200 | −$3.8M | −$19,170 | $877K | — | $0 |
| 2018 | 172 | −$7.3M | −$42,483 | $1.2M | — | $0 |
| 2017 | 141 | — | — | — | — | — |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$4,581,311
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$13,158,988
- Benefits paid$12,988,317
- Administrative expenses$15,085
- Total expenses$13,003,402
- Net income$155,586
- Net transfers$0
- Net assets, end of year$4,736,897
Participants
- Active participants138
- Retired or separated, receiving benefits80
- Retired or separated, entitled to future benefits23
- Participants with account balances241
- Total participants, end of year243
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| Prudent Fiduciary Services, LLC | Trustee (bank, trust company, or similar financial institution) | $15,000 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Other trustee fees and expenses$15,000
- Other administrative expenses$85
- Total administrative expenses$15,085
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Cash (interest and non-interest bearing)$4.8M · 100.0%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmAdkf, P.C.
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $1,000,000
- Blackout period during the yearNo
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2IStock bonus2PLeveraged ESOP2QThe employer maintaining this ESOP is an S corporation3IPlan requiring that all or part of employer contributions be invested and held in employer securities
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 238300: Building Finishing Contractors (including drywall, insulation, painting, wallcovering, flooring, tile, & finish carpentry).
Similar plans in Texas
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Vighter Management Group, LLC 401(k) Plan | Vighter Management Group, LLC | 244 | $1.8M | $7,434 |
| Vme 401(k) Plan | Vernor Material & Equipment Company, Inc. | 243 | $7.8M | $31,980 |
| Venus Construction Company 401 (K) Plan | Venus Construction Company | 247 | $3.2M | $13,033 |
| Powerhouse Electrical Services, Inc. 401(k) Plan | Powerhouse Electrical Services, Inc. | 242 | $3.5M | $14,392 |
| Tri Dal, LLC 401(k) Profit Sharing Plan | Tri Dal, LLC | 248 | $8.6M | $34,862 |
| Milestone Administrative Services LLC 401(k) Profit Sharing Plan | Milestone Administrative Services LLC | 240 | $7.5M | $31,298 |
Defined contribution plans in construction closest in size.
Questions and answers
How big is The Levy Company, Inc. Employee Stock Ownership Plan?
243 participants at the end of the plan year ending 30 Sep 2025, of whom 138 were active employees, with net assets of $4,736,897. Among defined contribution plans that places it in the 100 to 249 participants band, which held 21,996 plans in plan year 2024.
What does The Levy Company, Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $15,000 in compensation to service provider organisations, $61.73 per participant or 0.32% of net assets. The same-size median among plans reporting any Schedule C compensation was $194 per participant. Administrative expenses on Schedule H were $15,085. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is The Levy Company, Inc.. Trustee or custodian: Prudent Fiduciary Services, LLC. The financial statements were audited by Adkf, P.C.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Oct 2024 to 30 Sep 2025, received by the Department of Labor on 15 Jul 2026. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 74-2942371, plan 002, received 15 Jul 2026; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.