Retirement plan

MARTINSON'S GARDEN WORKS AND LANDSCAPE 401(K)

Name: MARTINSONS GARDEN WORKS AND LANDSCAPE - MARTINSON'S GARDEN WORKS AND LANDSCAPE 401(K) (2022) Form 5500
Creator: MARTINSONS GARDEN WORKS AND LANDSCAPE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARTINSON'S GARDEN WORKS AND LANDSCAPE 401(K), MARTINSONS GARDEN WORKS AND LANDSCAPE

MARTINSONS GARDEN WORKS AND LANDSCAPEEIN 64-0413002Plan #001PY 2022

650 US-51 - RIDGELAND, MS 39157601-856-3078

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$674K

+8.0% from 2021

Total participants

+17.4% from 2021

Average account balance

$51,864

-0.3% from 2021

Annual return

-2.39%

-2.39 pp from 2021

Benchmarks

See 4,928 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort4,928 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$859K

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$46K

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

+6.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6089

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 codes2E2J2F2G3D2T

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.
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.

Opportunity flags

1 tripped

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

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

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

$51,864

$45,872+13.1%

$77,096-32.7%

$68,486-24.3%

Participation rate

46.2%

55.9%-9.8pp

67.9%-21.8pp

67.9%-21.7pp

Annual return

-2.39%

1.73%-4.1pp

42.35%-44.7pp

-7.85%+5.5pp

Employer contribution / active EE

$913

$1,650-44.7%

$2,814-67.6%

$2,597-64.9%

Participant deferral / active EE

$1,583

$2,963-46.6%

$4,429-64.3%

$4,028-60.7%

Admin fee / account holder

-$10

$3,041-100.3%

$5,428-100.2%

$5,404-100.2%

MARTINSON'S GARDEN WORKS AND LANDSCAPE 401(K)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MARTINSON'S GARDEN WORKS AND LANDSCAPE 401(K)

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