Backyard Services, LLC 401k Plan — Form 5500 plan (Backyard Services, LLC)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Backyard Services, LLC 401k Plan is a benefit plan reported by Backyard Services, LLC under EIN 20-8118723 and plan number 001. The latest loaded filing year is 2023. The filing reports 711 participants and $10,401,275 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$10.4MPlan net assets, end of year$10,401,275
Participants711Covered participants reported
Assets / participant$14.6KComputed: assets ÷ participants$14,629 (computed)
Provider compensation$72.4K2 Schedule C provider row(s)$72,376
Plan sponsor
Backyard Services, LLC
EIN
20-8118723
Plan number
001
Plan type
2
Location
Monroe, MI
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    711 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$10.4M total assets
Net assets$10.4MLiabilities$0
Money in vs. money out
Total income / additions$3.1M
Total expenses$1.2M
Benefits paid / distributions$1.1M
Contributions
Employer$393.4K
Participant$1.1M
Full reported line items

Net assets

Total assets (EOY)
$10,401,275
Total liabilities (EOY)
$0
Net assets (EOY)
$10,401,275
Net assets (BOY)
$8,460,249

Income & contributions

Employer contributions
$393,442
Participant contributions
$1,066,361
Total contributions
$1,559,640
Total income / additions
$3,092,452

Expenses & distributions

Benefits paid
$1,068,975
Administrative expenses
$50,219
Total expenses
$1,151,426
Net increase / (decrease)
$1,941,026
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 27%Participant 73%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    SERVICE PROVIDER · Direct $50.2K
  2. 2
    SERVICE PROVIDER · Direct $0 · Indirect $22.2K

Related Form 5500 pages