Retirement plan

BOSS TREE SERVICE 401(K) PROFIT SHARING PLAN

Name: ATX TREE ENTERPRISES DBA BOSS TREE SERVICE - BOSS TREE SERVICE 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: ATX TREE ENTERPRISES DBA BOSS TREE SERVICE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOSS TREE SERVICE 401(K) PROFIT SHARING PLAN, ATX TREE ENTERPRISES DBA BOSS TREE SERVICE

ATX TREE ENTERPRISES DBA BOSS TREE SERVICEEIN 45-5246132Plan #001PY 2024

3821 SHARPSBURG MCCOLLUM ROAD - NEWNAN, GA 30265770-251-8000

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$631K

+30.0% from 2023

Total participants

-7.1% from 2023

Average account balance

$78,813

+46.2% from 2023

Annual return

15.03%

-9.00 pp from 2023

Benchmarks

See 19,366 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,366 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$631K

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+15.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2040

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 codes2E2F2J2T3B3D

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).
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$16K

$1360 / participant

Other / not subdivided$16K100.0%

% of EOY assets

2.588%

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

$78,813

$100,203-21.3%

$85,240-7.5%

$145,897-46.0%

Participation rate

58.3%

74.1%-15.8pp

67.5%-9.2pp

80.3%-22.0pp

Annual return

15.03%

84.28%-69.2pp

66.75%-51.7pp

552.29%-537.3pp

Employer contribution / active EE

$1,424

$3,242-56.1%

$2,735-48.0%

$4,663-69.5%

Participant deferral / active EE

$5,971

$5,299+12.7%

$4,527+31.9%

$6,689-10.7%

Admin fee / account holder

$2,040

$7,265-71.9%

$6,165-66.9%

$13,390-84.8%

BOSS TREE SERVICE 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOSS TREE SERVICE 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