Retirement plan

CYPRESS 401(K) SAFE HARBOR AND PROFIT SHARING PLAN

Name: CYPRESS ENVIRONMENTAL SERVICES, LLC - CYPRESS 401(K) SAFE HARBOR AND PROFIT SHARING PLAN (2023) Form 5500
Creator: CYPRESS ENVIRONMENTAL SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CYPRESS 401(K) SAFE HARBOR AND PROFIT SHARING PLAN, CYPRESS ENVIRONMENTAL SERVICES, LLC

CYPRESS ENVIRONMENTAL SERVICES, LLCdba CYPRESS ENVIRONMENT & INFRASTRUCTUREEIN 32-0130164Plan #002PY 2023

906 DESOTO ST. - OCEAN SPRINGS, MS 39564228-596-2708

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$319K

+252.0% from 2022

Total participants

+25.0% from 2022

Average account balance

$21,259

+275.5% from 2022

Annual return

165.61%

+165.61 pp from 2022

Benchmarks

See 139,707 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,707 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$501K

Not enough data

1 years with asset history on file

Average account balance

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

$28K

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.

120.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$137K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$837

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 codes2E2F2G2J2T3D

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.

Opportunity flags

2 tripped

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

$32K

$2007 / participant

Other / not subdivided$32K100.0%

% of EOY assets

10.069%

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

$21,259

$148,629-85.7%

$135,982-84.4%

$139,487-84.8%

Participation rate

68.8%

83.9%-15.1pp

81.9%-13.2pp

80.3%-11.6pp

Annual return

165.61%

79.33%+86.3pp

68.32%+97.3pp

373.84%-208.2pp

Employer contribution / active EE

$1,781

$5,247-66.1%

$4,859-63.3%

$4,755-62.5%

Participant deferral / active EE

$5,066

$8,102-37.5%

$7,760-34.7%

$6,713-24.5%

Admin fee / account holder

$2,140

$12,406-82.7%

$10,767-80.1%

$11,407-81.2%

CYPRESS 401(K) SAFE HARBOR AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CYPRESS 401(K) SAFE HARBOR AND PROFIT SHARING 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