Plan Ledger DOL Form 5500 · updated monthly

Board of Trustees of Landscape, Irrigation and Lawn Sprinkler DcpProfit-sharing plan

LANDSCAPE, IRRIGATION AND LAWN SPRINKLER INDUSTRY DEFINED CONTRIBUTION PENSION TRUST · LOS ANGELES, CA · plan year 2023

Reported admin expense ratio · 2023
1.34%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

Board of Trustees of Landscape, Irrigation and Lawn Sprinkler Dcp reported $114,033 in plan administrative expenses for 2023: 1.34% of average plan assets, higher than ~90% of peers. Employer contributions averaged $718 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 1.08% to 1.34%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (5,836th of 9,483), and 3,292nd of 5,337 in construction. active participation has shrunk from 811 to 687 since 2022.

Plan summary
Net assets, end of year$8,675,406
Participants with balances3,396
Active participants687
Employer contributions$493,094
Employee contributions—
Employer contribution per active participant$718
Average account balance$2,555
Benefits paid to participants$725,299
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $466K emplr
2023$8.7M · 3,396 accts · $493K emplr
2022$8.4M · 3,418 accts · $693K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$29,400
Investment management$11,000
Audit (IQPA)$17,130
Trustee / custodial$16,031
Total administrative$114,033
Employer contributions to the Board of Trustees of Landscape, Irrigation and Lawn Sprinkler Dcp plan · 2023
Employer contribution per active participant$718
Median for plans this size$1,308
2023$718 per active participant
2022$855 per active participant

Board of Trustees of Landscape, Irrigation and Lawn Sprinkler Dcp's 2023 employer contribution ran below the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20235
SO CAL PIPE TRADES ADMIN CORP. · Contract administrator$45,388
WITHUMSMITH+BROWN, PC · Accounting / audit$24,106
US BANK · Custodial (securities) · Investment management$16,030
NEPC LLC · Investment advisory (plan)$10,000
RAEL & LETSON · Pension consulting$5,441

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024Not separately reported
2023$114,033 · 1.34%
2022$93,864 · 1.08%
Similar plansConstruction · California
Dow Hydraulic Systems CA$8.8M · 0.19%
Freedom Forever LLC CA$8.8M · 1.01%
Park Ventures, LLC CA$8.8M · 0.70%
The Grupe Company CA$8.6M · 0.32%
Modern Building, Inc. CA$8.6M · 0.66%
Bill Howe Plumbing, Inc. CA$8.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 581908778 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.