Retirement plan

ENVIRONMENTAL SOLUTIONS GROUP 401(K) PROFIT SHARING PLAN & TRUST

Name: ENVIRONMENTAL SOLUTIONS GROUP - ENVIRONMENTAL SOLUTIONS GROUP 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: ENVIRONMENTAL SOLUTIONS GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENVIRONMENTAL SOLUTIONS GROUP 401(K) PROFIT SHARING PLAN & TRUST, ENVIRONMENTAL SOLUTIONS GROUP

ENVIRONMENTAL SOLUTIONS GROUPEIN 86-1085282Plan #001PY 2024

5150 FAIR OAKS BLVD STE 101 PMB 319 - CARMICHAEL, CA 956085758916-443-2793

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$274K

-28.6% from 2023

Total participants

-40.0% from 2023

Average account balance

$136,795

+42.8% from 2023

Annual return

8.15%

-2.86 pp from 2023

Benchmarks

See 19,366 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort19,366 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$274K

Not enough data

1 years with asset history on file

Average account balance

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

$137K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20K

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

+8.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$82353

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 codes2E2F2G2J2T3D

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

2 tripped

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

$165K

$54902 / participant

Other / not subdivided$165K100.0%

% of EOY assets

60.202%

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

$136,795

$100,203+36.5%

$85,240+60.5%

$145,897-6.2%

Participation rate

66.7%

74.1%-7.4pp

67.5%-0.9pp

80.3%-13.6pp

Annual return

8.15%

84.28%-76.1pp

66.75%-58.6pp

552.29%-544.1pp

Employer contribution / active EE

$905

$3,242-72.1%

$2,735-66.9%

$4,663-80.6%

Participant deferral / active EE

$5,797

$5,299+9.4%

$4,527+28.0%

$6,689-13.3%

Admin fee / account holder

$82,353

$7,265+1033.5%

$6,165+1235.9%

$13,390+515.0%

ENVIRONMENTAL SOLUTIONS GROUP 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENVIRONMENTAL SOLUTIONS GROUP 401(K) PROFIT SHARING PLAN & TRUST

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