Plan Ledger DOL Form 5500 · updated monthly

Landcare USA, LLC401(k)

LANDCARE 401(K) RETIREMENT PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Landcare USA, LLC reported $340,554 in plan administrative expenses for 2024: 0.59% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,261 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 2 years on file its reported administrative ratio fell from 0.80% to 0.59%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 281st-largest of 1,671 plans among Maryland employers on file, and the 261st of 2,534 in administrative & support services. In 2024, employees put in $2.40 for every $1.00 the employer contributed; active participation has grown from 1,689 to 1,906 since 2022.

Plan summary
Net assets, end of year$61,170,480
Participants with balances3,021
Active participants1,906
Employer contributions$2,404,238
Employee contributions$5,766,419
Employer contribution per active participant$1,261
Average account balance$20,248
Benefits paid to participants$7,801,120
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.2M · 3,021 accts · $2.4M emplr
2023$53.6M · 2,840 accts · $2.3M emplr
2022$43.3M · 2,606 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$286,786
Investment management$53,768
Total administrative$340,554
The Landcare USA, LLC 401(k) match · 2024
Employer contribution per active participant$1,261
Median for plans this size$3,635
2024$1,261 per active participant
2023$1,324 per active participant
2022$1,200 per active participant

Landcare USA, LLC's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$286,786
CREATIVE PLANNING · Consulting$53,768

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$340,554 · 0.59%
2023$394,389 · 0.81%
2022$363,576 · 0.80%
Same employer
Similar plansAdministrative & Support Services · Maryland
Xmt Services, Inc. MD$111.2M · 0.67%
Systolic, Inc. MD$102.2M · 0.19%
Synagro Technologies Inc. MD$76.7M · 0.38%
Xcel Management, Inc. MD$74.1M · 0.66%
Authority Brands, Inc. MD$51.2M · 0.66%
Ruppert Landscape LLC MD$47.0M · 0.52%
Aretum, LLC MD$35.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364313318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.