Retirement plan

EMPLOYEE STOCK OWNERSHIP PLAN & TRUST FOR THE EMPLOYEES OF EARTHBALANCE CORPORATION

Name: EARTHBALANCE CORPORATION - EMPLOYEE STOCK OWNERSHIP PLAN & TRUST FOR THE EMPLOYEES OF EARTHBALANCE CORPORATION (2024) Form 5500
Creator: EARTHBALANCE CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE STOCK OWNERSHIP PLAN & TRUST FOR THE EMPLOYEES OF EARTHBALANCE CORPORATION, EARTHBALANCE CORPORATION

EARTHBALANCE CORPORATIONEIN 59-2612208Plan #002PY 2024

2570 COMMERCE PARKWAY - NORTH PORT, FL 34289941-426-7878earthbalance.comLinkedIn51-200 employeesenvironmental services

Other plans on this EIN

1 filing

#001Retirement-$4.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$31M

+64.8% from 2023

Total participants

132

-0.8% from 2023

Average account balance

$234,698

+64.8% from 2023

Annual return

62.19%

+44.03 pp from 2023

Benchmarks

See 18,526 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,526 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.98M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

132

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.14M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+62.19%

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

1 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 codes2P2Q3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRIDA GUIDA & PEREZ PA
Auditor EIN: 591978917
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$234,698

$81,504+188.0%

$102,437+129.1%

$80,959+189.9%

Participation rate

100.0%

66.9%+33.1pp

74.5%+25.5pp

67.7%+32.3pp

Annual return

62.19%

25.60%+36.6pp

24.95%+37.2pp

35.67%+26.5pp

Employer contribution / active EE

$16,970

$3,104+446.8%

$3,871+338.4%

$2,757+515.5%

Participant deferral / active EE

$3,871-100.0%

$5,060-100.0%

$4,300-100.0%

Admin fee / account holder

$6,719-100.0%

$8,388-100.0%

$6,925-100.0%

EMPLOYEE STOCK OWNERSHIP PLAN & TRUST FOR THE EMPLOYEES OF EARTHBALANCE CORPORATION

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE STOCK OWNERSHIP PLAN & TRUST FOR THE EMPLOYEES OF EARTHBALANCE CORPORATION

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