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
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 711 | H, C | 20241014102537NAL0044144176001 |
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
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.
27%73%
Employer 27%Participant 73%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income35%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | SERVICE PROVIDER | $50,219 | not reported in the loaded dataset | 2023 |
| Morgan Stanley Smith Barney LLC | SERVICE PROVIDER | $0 | $22,157 | 2023 |