Retirement plan

USA ENVIRONMENTAL INC 401(K) PR PLAN

Name: USA ENVIRONMENTAL INC - USA ENVIRONMENTAL INC 401(K) PR PLAN (2024) Form 5500
Creator: USA ENVIRONMENTAL INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, USA ENVIRONMENTAL INC 401(K) PR PLAN, USA ENVIRONMENTAL INC

USA ENVIRONMENTAL INCEIN 59-3516898Plan #002PY 2024

720 BROKKER CREEK BOULEVARD, SUITE 204 - OLDSMAR, FL 34677813-343-6386usatampa.comLinkedIn51-200 employeesenvironmental services

Other plans on this EIN

1 filing

#001Retirement-$8.9M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+19.0% from 2023

Total participants

+40.0% from 2023

Average account balance

$53,863

-9.5% from 2023

Annual return

16.67%

+2.96 pp from 2023

Benchmarks

See 28,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,844 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.48M

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

124.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$275K

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

+16.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5465

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 codes2E2F2G2J3C

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.
3C
Plan not intended to be qualified
A plan not intended to be qualified under Code sections 401 403 or 408.

Opportunity flags

1 tripped

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

$251K

$6794 / participant

Other / not subdivided$251K100.0%

% of EOY assets

10.146%

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

$53,863

$102,422-47.4%

$147,117-63.4%

$80,959-33.5%

Participation rate

91.9%

75.9%+16.0pp

82.2%+9.7pp

67.7%+24.2pp

Annual return

16.67%

135.16%-118.5pp

420.54%-403.9pp

35.67%-19.0pp

Employer contribution / active EE

$1,935

$3,717-48.0%

$4,932-60.8%

$2,757-29.8%

Participant deferral / active EE

$5,493

$6,652-17.4%

$8,065-31.9%

$4,300+27.7%

Admin fee / account holder

$5,465

$7,953-31.3%

$12,993-57.9%

$6,925-21.1%

USA ENVIRONMENTAL INC 401(K) PR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

USA ENVIRONMENTAL INC 401(K) PR 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