Retirement plan

LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST

Name: LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST - LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST (2024) Form 5500
Creator: LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST, LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST

LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUSTEIN 22-1526900Plan #004PY 2024

425 E BLACKWELL ST - DOVER, NJ 078014312973-228-4200

Other plans on this EIN

2 filings

#003Retirement-$5.8M assets #002Retirement-$1.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.7M

+6.3% from 2023

Total participants

-5.4% from 2023

Average account balance

$38,719

+12.4% from 2023

Annual return

10.72%

-4.31 pp from 2023

Benchmarks

See 4,591 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,591 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.71M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

122.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$327K

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

+10.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6279

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

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

$440K

$7711 / participant

Other / not subdivided$440K100.0%

% of EOY assets

16.216%

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

$38,719

$55,930-30.8%

$76,089-49.1%

$80,925-52.2%

Participation rate

100.0%

62.1%+37.9pp

69.1%+30.9pp

67.7%+32.3pp

Annual return

10.72%

20.58%-9.9pp

360.94%-350.2pp

35.65%-24.9pp

Employer contribution / active EE

$3,351

$1,866+79.6%

$2,690+24.6%

$2,756+21.6%

Participant deferral / active EE

$2,389

$3,051-21.7%

$4,259-43.9%

$4,299-44.4%

Admin fee / account holder

$6,279

$5,241+19.8%

$6,418-2.2%

$6,940-9.5%

LAKELAND BUS LINES INC. RETIREMENT PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LAKELAND BUS LINES INC. RETIREMENT 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