Retirement plan

GUARDIAN SERVICE INDUSTRIES, INC. 401(K) PLAN

Name: GUARDIAN SERVICE INDUSTRIES, INC. - GUARDIAN SERVICE INDUSTRIES, INC. 401(K) PLAN (2022) Form 5500
Creator: GUARDIAN SERVICE INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GUARDIAN SERVICE INDUSTRIES, INC. 401(K) PLAN, GUARDIAN SERVICE INDUSTRIES, INC.

GUARDIAN SERVICE INDUSTRIES, INC.EIN 13-2878147Plan #001PY 2022

55 WATER STREET, LOBBY LEVEL - NEW YORK, NY 10041646-442-8956guardian-service.comLinkedIn1001-5000 employeesfacilities services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.7M

-12.7% from 2021

Total participants

404

+15.1% from 2021

Average account balance

$67,126

-19.0% from 2021

Annual return

-16.84%

-29.57 pp from 2021

Benchmarks

See 780 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants250-999

Cohort780 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.43M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

18.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$962K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$947

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

Top 3 by compensation

Provider	Service type	Compensation
MAYER HOFFMAN MCCANN P.C.1 year Filed as: MAYER HOFFMAN MCCANN CPAS Service code 10 685 3RD AVENUE · NEW YORK, NY 10017	Accounting	$16,500
SIEGEL ACTUARIAL CONSULTING, INC.8+ years Service code 13 420 COMMONWEALTH DRIVE · WARRENDALE, PA 15086	Contract Administrator	$900
AMERICAN FUNDS8+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO. Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$875

Plan features & details

Pension benefit codes2E2F2G2J2T3D3F3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$12K

$31 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.256%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN CPAS
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,126

$34,634+93.8%

$77,096-12.9%

$64,819+3.6%

Participation rate

13.7%

49.8%-36.1pp

67.9%-54.2pp

71.5%-57.8pp

Annual return

-16.84%

-5.31%-11.5pp

42.35%-59.2pp

32.84%-49.7pp

Employer contribution / active EE

$713

$1,385-48.5%

$2,814-74.7%

$2,507-71.5%

Participant deferral / active EE

$1,435

$2,553-43.8%

$4,429-67.6%

$4,311-66.7%

Admin fee / account holder

$172

$178-3.4%

$5,428-96.8%

$188-8.3%

Provider

Service type

Compensation

MAYER HOFFMAN MCCANN P.C.1 year

Filed as: MAYER HOFFMAN MCCANN CPAS

Service code 10

685 3RD AVENUE · NEW YORK, NY 10017

Accounting

$16,500

SIEGEL ACTUARIAL CONSULTING, INC.8+ years

Service code 13

420 COMMONWEALTH DRIVE · WARRENDALE, PA 15086

Contract Administrator

$900

AMERICAN FUNDS8+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO.

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$875

GUARDIAN SERVICE INDUSTRIES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GUARDIAN SERVICE INDUSTRIES, INC. 401(K) 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