Plan Ledger DOL Form 5500 · updated monthly

Nanaks Landscaping, LLC401(k)

NANAK'S LANDSCAPING, LLC RETIREMENT PLAN · DEERFIELD BEACH, FL · plan year 2023

Reported admin expense ratio · 2023
1.85%

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

Nanaks Landscaping, LLC reported $32,125 in plan administrative expenses for 2023: 1.85% of average plan assets, higher than ~90% of peers. Employer contributions averaged $771 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 1.60% to 1.85%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Florida (3,124th of 3,644), and 1,951st of 2,534 in administrative & support services. In 2023, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,952,869
Participants with balances265
Active participants186
Employer contributions$143,415
Employee contributions$269,888
Employer contribution per active participant$771
Average account balance$7,369
Benefits paid to participants$211,397
Plan auditUnmodified (clean) audit opinion
AuditorCABALLERO FIERMAN LLERENA & GARC
Plan history2
Yearassets · accounts · employer contribution
2023$2.0M · 265 accts · $143K emplr
2022$1.5M · 193 accts · $139K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$25,908
Investment management$6,217
Total administrative$32,125
The Nanaks Landscaping, LLC 401(k) match · 2023
Employer contribution per active participant$771
Median for plans this size$1,308
2023$771 per active participant
2022$787 per active participant

Nanaks Landscaping, LLC'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 · 20232
ADP, INC. · Loan processing · Recordkeeping$25,907
EDWARD JONES · Recordkeeping · Trustee$6,217

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$32,125 · 1.85%
2022$24,207 · 1.60%
Similar plansAdministrative & Support Services · Florida
Patlive, Inc. FL$2.5M · 0.72%
Shinto Landscaping LLC FL$2.0M · 2.04%
Eks Group, LLC FL$2.0M · 0.41%
Excelsior Defense, Inc. FL$1.8M · 2.53%
Skybridge Americas, Inc. FL$1.7M · 0.05%
Gellner Enterprises LLC FL$1.6M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 591787737 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.