Retirement plan

PINE ENVIRONMENTAL SERVICES, LLC SAVINGS PLAN

Name: PINE ENVIRONMENTAL SERVICES, LLC - PINE ENVIRONMENTAL SERVICES, LLC SAVINGS PLAN (2022) Form 5500
Creator: PINE ENVIRONMENTAL SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PINE ENVIRONMENTAL SERVICES, LLC SAVINGS PLAN, PINE ENVIRONMENTAL SERVICES, LLC

PINE ENVIRONMENTAL SERVICES, LLCEIN 46-0780449Plan #002PY 2022

92 NORTH MAIN, BUILDING 20 - WINDSOR, NJ 08561609-371-9663pine-environmental.comLinkedIn201-500 employeesenvironmental services

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$10.7M

-13.8% from 2021

Total participants

385

-7.2% from 2021

Average account balance

$42,011

+0.8% from 2021

Annual return

-17.88%

-32.34 pp from 2021

Benchmarks

See 645 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants250-999

Cohort645 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.93M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

255

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.

46.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$823K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+24.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$181

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

1 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.4 years Service code 15 · EIN 27-2037969	Recordkeeping	$46,825
PNC BANK, N.A.1 year Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT Service code 26 1 EAST PRATT STREET · BALTIMORE, MD 21202	Advisory (Participants)	$7,321

Plan features & details

Pension benefit codes2E2G2J2K2T3D3F

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$54K

$182 / participant

Investment mgmt$7K13.5%
Contract admin$47K86.5%

% of EOY assets

0.507%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,011

$50,458-16.7%

$159,991-73.7%

$64,814-35.2%

Participation rate

55.9%

68.0%-12.1pp

78.0%-22.1pp

71.5%-15.6pp

Annual return

-17.88%

-13.42%-4.5pp

408.82%-426.7pp

32.84%-50.7pp

Employer contribution / active EE

$980

$1,722-43.1%

$4,225-76.8%

$2,507-60.9%

Participant deferral / active EE

$2,531

$4,004-36.8%

$6,183-59.1%

$4,310-41.3%

Admin fee / account holder

$213

$706-69.8%

$8,715-97.6%

$188+13.5%

Provider

Service type

Compensation

NEWPORT GROUP, INC.4 years

Service code 15 · EIN 27-2037969

Recordkeeping

$46,825

PNC BANK, N.A.1 year

Filed as: PNC INSTITUTIONAL ASSET MANAGEMENT

Service code 26

1 EAST PRATT STREET · BALTIMORE, MD 21202

Advisory (Participants)

$7,321

PINE ENVIRONMENTAL SERVICES, LLC SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PINE ENVIRONMENTAL SERVICES, LLC SAVINGS 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