Retirement plan

HERITAGE LAWN & LANDSCAPE CARE, INC. RETIREMENT PLAN

Name: HERITAGE LAWN & LANDSCAPE CARE, INC . - HERITAGE LAWN & LANDSCAPE CARE, INC. RETIREMENT PLAN (2023) Form 5500
Creator: HERITAGE LAWN & LANDSCAPE CARE, INC .
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HERITAGE LAWN & LANDSCAPE CARE, INC. RETIREMENT PLAN, HERITAGE LAWN & LANDSCAPE CARE, INC .

HERITAGE LAWN & LANDSCAPE CARE, INC .EIN 01-0577665Plan #001PY 2023

4741 BIESECKER RD - THOMASVILLE, PA 173649615717-292-9994heritagelawn.netLinkedIn11-50 employeesfacilities services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+3.7% from 2022

Total participants

+3.4% from 2022

Average account balance

$50,623

+16.7% from 2022

Annual return

17.37%

+35.44 pp from 2022

Benchmarks

See 5,246 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort5,246 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.70M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

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.

131.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$163K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+15.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4675

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

0 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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$500K

$9994 / participant

Other / not subdivided$500K100.0%

% of EOY assets

20.564%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,623

$49,896+1.5%

$80,627-37.2%

$75,173-32.7%

Participation rate

76.0%

55.3%+20.7pp

67.0%+9.0pp

67.2%+8.8pp

Annual return

17.37%

34.67%-17.3pp

936.76%-919.4pp

160.72%-143.4pp

Employer contribution / active EE

$1,672

$1,699-1.6%

$2,723-38.6%

$2,671-37.4%

Participant deferral / active EE

$1,913

$2,992-36.1%

$4,443-56.9%

$4,126-53.6%

Admin fee / account holder

$10,410

$3,578+191.0%

$5,381+93.5%

$5,651+84.2%

HERITAGE LAWN & LANDSCAPE CARE, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HERITAGE LAWN & LANDSCAPE CARE, INC. RETIREMENT PLAN

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