Retirement plan

MARDERS 401(K) SAVINGS PLAN

Name: MARDERS, THE LANDSCAPE STORE - MARDERS 401(K) SAVINGS PLAN (2021) Form 5500
Creator: MARDERS, THE LANDSCAPE STORE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARDERS 401(K) SAVINGS PLAN, MARDERS, THE LANDSCAPE STORE

MARDERS, THE LANDSCAPE STOREEIN 11-3255504Plan #002PY 2021

SNAKE HOLLOW ROAD, P. O. BOX 1261 - BRIDGEHAMPTON, NY 11932631-537-3700LinkedIn501-1000 employeesretail

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.2M

+0.9% from 2020

Total participants

238

-8.1% from 2020

Average account balance

$54,467

+23.5% from 2020

Annual return

12.56%

+3.18 pp from 2020

Benchmarks

See 1,089 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,089 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.03M

Not enough data

1 years with asset history on file

Average account balance

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

$78K

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.

167

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.

63.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+11.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$425

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

Top 2 by compensation

Provider	Service type	Compensation
MAGII PENSION SERVICES LLC1 year Service code 13 490 WHEELER RD STE 265 · HAUPPAUGE, NY 117884365	Contract Administrator	$47,696
AMERICAN FUNDS1 year Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$13,452

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$56K

$291 / participant

Contract admin$56K100.0%

% of EOY assets

0.548%

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: GETTRY MARCUS CPA PC
Auditor EIN: 133418879
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,467

$79,694-31.7%

$96,192-43.4%

$79,389-31.4%

Participation rate

73.4%

54.0%+19.5pp

68.4%+5.0pp

70.7%+2.7pp

Annual return

12.56%

40.84%-28.3pp

192.09%-179.5pp

116.89%-104.3pp

Employer contribution / active EE

$2,230

$1,443+54.5%

$2,799-20.3%

$2,428-8.1%

Participant deferral / active EE

$2,018

$2,539-20.5%

$4,351-53.6%

$4,046-50.1%

Admin fee / account holder

$298

$630-52.6%

$5,539-94.6%

$626-52.3%

Provider

Service type

Compensation

MAGII PENSION SERVICES LLC1 year

Service code 13

490 WHEELER RD STE 265 · HAUPPAUGE, NY 117884365

Contract Administrator

$47,696

AMERICAN FUNDS1 year

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$13,452

MARDERS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARDERS 401(K) SAVINGS 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