Retirement plan

LYNGSO GARDEN MATERIALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: LYNGSO GARDEN MATERIALS, INC. - LYNGSO GARDEN MATERIALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2024) Form 5500
Creator: LYNGSO GARDEN MATERIALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LYNGSO GARDEN MATERIALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, LYNGSO GARDEN MATERIALS, INC.

LYNGSO GARDEN MATERIALS, INC.EIN 94-1412995Plan #002PY 2024

345 SHOREWAY ROAD - SAN CARLOS, CA 94070650-257-9810

Other plans on this EIN

1 filing

#001Retirement-$8.6M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$7M

+31.6% from 2023

Total participants

+2.2% from 2023

Average account balance

$149,748

+28.8% from 2023

Annual return

12.34%

+17.21 pp from 2023

Benchmarks

See 9,332 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,332 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.04M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

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

$28K

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

+12.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3531

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 codes2I2P2Q3I

Plan features

2I
Stock bonus
Stock bonus plan.
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

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

$166K

$4048 / participant

Other / not subdivided$166K100.0%

% of EOY assets

2.358%

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

$149,748

$71,230+110.2%

$93,727+59.8%

$80,959+85.0%

Participation rate

100.0%

60.4%+39.6pp

68.7%+31.3pp

67.7%+32.3pp

Annual return

12.34%

11.26%+1.1pp

133.83%-121.5pp

35.67%-23.3pp

Employer contribution / active EE

$27,717

$1,565+1670.7%

$2,421+1044.7%

$2,757+905.3%

Participant deferral / active EE

$4,037-100.0%

$4,417-100.0%

$4,300-100.0%

Admin fee / account holder

$3,531

$6,961-49.3%

$8,292-57.4%

$6,925-49.0%

LYNGSO GARDEN MATERIALS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LYNGSO GARDEN MATERIALS, INC. EMPLOYEE STOCK OWNERSHIP 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