Retirement plan

HENGY BROTHERS LAWN CARE, LLC 401(K) PROFIT SHARING PLAN

Name: HENGY BROTHERS LAWN CARE, LLC - HENGY BROTHERS LAWN CARE, LLC 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: HENGY BROTHERS LAWN CARE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENGY BROTHERS LAWN CARE, LLC 401(K) PROFIT SHARING PLAN, HENGY BROTHERS LAWN CARE, LLC

HENGY BROTHERS LAWN CARE, LLCEIN 55-0858358Plan #001PY 2016

100 ANTELOPE DRIVE - MULLICA HILL, NJ 08062856-207-2373

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$120K

No prior year

Total participants

No prior year

Average account balance

$119,542

No prior year

Annual return

6.38%

No prior year

Benchmarks

See 11,490 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort11,490 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$791K

Not enough data

1 years with asset history on file

Average account balance

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

$791K

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.

12.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37K

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

+17.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 tripped

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

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

$119,542

$93,071+28.4%

$74,583+60.3%

$273,968-56.4%

Participation rate

20.0%

74.9%-54.9pp

68.1%-48.1pp

83.0%-63.0pp

Annual return

6.38%

26.18%-19.8pp

20.47%-14.1pp

41.45%-35.1pp

Employer contribution / active EE

$1,567

$3,160-50.4%

$2,525-37.9%

$4,869-67.8%

Participant deferral / active EE

$2,433

$4,160-41.5%

$3,458-29.6%

$5,287-54.0%

Admin fee / account holder

$5,272-100.0%

$4,138-100.0%

$10,132-100.0%

HENGY BROTHERS LAWN CARE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HENGY BROTHERS LAWN CARE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion