Plan Ledger DOL Form 5500 · updated monthly

New Image Landscape Company & Sansei Gardens, Inc.401(k)

NEW IMAGE LANDSCAPE & SANSEI GARDENS 401(K)/PROFIT SHARING PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.99%

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

New Image Landscape Company & Sansei Gardens, Inc. reported $69,882 in plan administrative expenses for 2024: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $920 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 0.86% to 0.99%. 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 California (6,278th of 9,483), and the 1,213th of 2,534 in administrative & support services. In 2024, the employer put in $1.28 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,180,102
Participants with balances479
Active participants227
Employer contributions$208,861
Employee contributions$163,643
Employer contribution per active participant$920
Average account balance$14,990
Benefits paid to participants$848,063
Plan auditUnmodified (clean) audit opinion
AuditorJOHNSTON, GREMAUX & ROSSI, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 479 accts · $209K emplr
2023$6.9M · 477 accts · $70K emplr
2022$6.3M · 559 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,474
Investment management$63,408
Total administrative$69,882
The New Image Landscape Company & Sansei Gardens, Inc. 401(k) match · 2024
Employer contribution per active participant$920
Median for plans this size$1,313
2024$920 per active participant
2023$286 per active participant
2022$419 per active participant

New Image Landscape Company & Sansei Gardens, Inc.'s 2024 employer contribution ran below the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$69,882 · 0.99%
2023$79,804 · 1.21%
2022$52,427 · 0.86%
Same employer
Similar plansAdministrative & Support Services · California
My Secure Advantage CA$7.4M · 0.58%
Siteworks Landscape, Inc. CA$7.3M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942223897 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.