Retirement plan

GILL LANDSCAPE CONTRACTING, INC. 401(K) PROFIT SHARING PLAN

Name: GILL LANDSCAPE CONTRACTING, INC. - GILL LANDSCAPE CONTRACTING, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: GILL LANDSCAPE CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GILL LANDSCAPE CONTRACTING, INC. 401(K) PROFIT SHARING PLAN, GILL LANDSCAPE CONTRACTING, INC.

GILL LANDSCAPE CONTRACTING, INC.EIN 45-4211374Plan #001PY 2024

443 MOON CLINTON ROAD - MOON TOWNSHIP, PA 15108412-720-7882LinkedIn1-10 employeesfacilities services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$558K

+55.9% from 2023

Total participants

-26.3% from 2023

Average account balance

$111,646

+24.7% from 2023

Annual return

37.56%

+14.21 pp from 2023

Benchmarks

See 19,390 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,390 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$558K

Not enough data

1 years with asset history on file

Average account balance

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

$112K

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.

35.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+37.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1508

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 codes2G2J3D2R2E2F

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.
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

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

$8K

$539 / participant

Other / not subdivided$8K100.0%

% of EOY assets

1.351%

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

$111,646

$100,139+11.5%

$85,187+31.1%

$145,884-23.5%

Participation rate

35.7%

74.1%-38.4pp

67.5%-31.8pp

80.3%-44.6pp

Annual return

37.56%

84.15%-46.6pp

66.67%-29.1pp

551.85%-514.3pp

Employer contribution / active EE

$1,494

$3,238-53.9%

$2,732-45.3%

$4,662-68.0%

Participant deferral / active EE

$3,388

$5,296-36.0%

$4,525-25.1%

$6,690-49.4%

Admin fee / account holder

$1,508

$7,262-79.2%

$6,162-75.5%

$13,392-88.7%

GILL LANDSCAPE CONTRACTING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GILL LANDSCAPE CONTRACTING, INC. 401(K) 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