Plan Ledger DOL Form 5500 · updated monthly

Marina Landscape, Inc.401(k)

MARINA LANDSCAPE, INC. EMPLOYEES 401(K) PROFIT SHARING PLAN · ORANGE, CA · plan year 2023

Reported admin expense ratio · 2023
0.81%

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

Marina Landscape, Inc. reported $48,256 in plan administrative expenses for 2023: 0.81% of average plan assets, higher than ~75% of peers. Employer contributions averaged $572 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 0.76% to 0.81%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in California (6,529th of 9,483), and 9,251st of 11,654 in professional & technical services. In 2023, employees put in $7.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,393,138
Participants with balances87
Active participants137
Employer contributions$78,313
Employee contributions$608,716
Employer contribution per active participant$572
Average account balance$73,484
Benefits paid to participants$586,275
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$6.4M · 87 accts · $78K emplr
2022$5.4M · 95 accts · $78K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$48,256
Total administrative$48,256
The Marina Landscape, Inc. 401(k) match · 2023
Employer contribution per active participant$572
Median for plans this size$1,308
2023$572 per active participant
2022$466 per active participant

Marina Landscape, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$48,256
S B H U LIFE AGENCY INC · Other servicesindirect comp
WILSHIRE ADVISORS LLC · Investment advisory (plan)indirect comp

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

Administrative cost history2
2023$48,256 · 0.81%
2022$45,195 · 0.76%
All plans at this employer2
MARINA LANDSCAPE, INC. EMPLOYEES 401(K) PROFIT SHARING PLAN401(k)
MARINA LANDSCAPE, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 953760820 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.