Plan Ledger DOL Form 5500 · updated monthly

Landscape Workshop, LLC401(k)

LANDSCAPE WORKSHOP, LLC 401(K) PLAN · VESTAVIA HLS, AL · plan year 2024

Reported admin expense ratio · 2024
0.59%

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

Landscape Workshop, LLC reported $32,973 in plan administrative expenses for 2024: 0.59% of average plan assets, above the peer median. Employer contributions averaged $494 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 rose from 0.42% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Alabama (573rd of 902), and 1,301st of 2,534 in administrative & support services. In 2024, employees put in $1.99 for every $1.00 the employer contributed; active participation has grown from 546 to 850 since 2022.

Plan summary
Net assets, end of year$6,278,669
Participants with balances180
Active participants850
Employer contributions$420,153
Employee contributions$834,092
Employer contribution per active participant$494
Average account balance$34,881
Benefits paid to participants$627,641
Plan auditUnmodified (clean) audit opinion
AuditorTHE HIGHLANDS ACCOUNTING GROUP, INC
Plan history3
Yearassets · accounts · employer contribution
2024$6.3M · 180 accts · $420K emplr
2023$4.9M · 172 accts · $329K emplr
2022$3.5M · 128 accts · $236K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,177
Investment management$8,124
Total administrative$32,973
The Landscape Workshop, LLC 401(k) match · 2024
Employer contribution per active participant$494
Median for plans this size$1,313
2024$494 per active participant
2023$609 per active participant
2022$433 per active participant

Landscape Workshop, LLC's 2024 employer contribution ran below the $1,313 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$17,176
MERRILL LYNCH PIERCE FENNER & SMITH · Pension consulting · Investment advisory (plan)$15,796

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

Administrative cost history3
2024$32,973 · 0.59%
2023$1,105 · 0.03%
2022$14,831 · 0.42%
Same employer
Similar plansAdministrative & Support Services · Alabama
Onin Staffing LLC AL$9.2M · 1.14%
Adtrav Corporation AL$8.9M · 0.45%
E Group, LLC AL$6.4M · 0.34%
Brown Precision, Inc. AL$4.7M · 1.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611666112 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.