Retirement plan

VEGETATION CONTROL SERVICES, INC. PROFIT SHARING PLAN AND TRUST

Name: VEGETATION CONTROL SERVICES, INC. - VEGETATION CONTROL SERVICES, INC. PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: VEGETATION CONTROL SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VEGETATION CONTROL SERVICES, INC. PROFIT SHARING PLAN AND TRUST, VEGETATION CONTROL SERVICES, INC.

VEGETATION CONTROL SERVICES, INC.EIN 04-2385863Plan #001PY 2024

134 LEVERETT ROAD - SHUTESBURY, MA 01072413-259-1414LinkedIn51-200 employeesfarming

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.6M

+13.1% from 2023

Total participants

-4.5% from 2023

Average account balance

$102,430

+9.9% from 2023

Annual return

11.15%

+0.88 pp from 2023

Benchmarks

See 2,336 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort2,336 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.59M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

92.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$145K

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

+11.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2278

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 codes2E2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$80K

$2098 / participant

Other / not subdivided$80K100.0%

% of EOY assets

2.224%

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

$102,430

$68,880+48.7%

$120,580-15.1%

$80,959+26.5%

Participation rate

81.6%

61.7%+19.9pp

72.0%+9.6pp

67.7%+13.9pp

Annual return

11.15%

23.68%-12.5pp

107.48%-96.3pp

35.67%-24.5pp

Employer contribution / active EE

$1,316

$2,066-36.3%

$3,469-62.1%

$2,757-52.3%

Participant deferral / active EE

$2,498

$3,191-21.7%

$4,995-50.0%

$4,300-41.9%

Admin fee / account holder

$2,278

$5,785-60.6%

$9,418-75.8%

$6,925-67.1%

VEGETATION CONTROL SERVICES, INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VEGETATION CONTROL SERVICES, INC. PROFIT SHARING PLAN AND TRUST

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