Plan Snapshot
- Plan Sponsor: Backyard Services, LLC
- Sponsor EIN: 208118723
- Sponsor Address: 1000 TERNES DRIVE, MONROE, MI, 48162
- Plan Type: 401(k)
- Total Participants: 491
- Total Assets: $12.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 491 | $12.8M | $422,531 | $1.3M |
| 2023 | 443 | $10.4M | $393,442 | $1.1M |
| 2022 | 512 | $8.5M | $372,662 | $992,104 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| VLAHANTONES & TANGALOS, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $58,109 | — | $56,409 | — | — |
| 2023 | $50,219 | — | $47,319 | — | — |
| 2022 | $47,065 | — | — | — | — |