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GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameGROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN
Plan identification number 001

GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

GROUNDSYSTEMS LLC has sponsored the creation of one or more 401k plans.

Company Name:GROUNDSYSTEMS LLC
Employer identification number (EIN):463315696
NAIC Classification:541320
NAIC Description:Landscape Architectural Services

Additional information about GROUNDSYSTEMS LLC

Jurisdiction of Incorporation: State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number: 5356606

More information about GROUNDSYSTEMS LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01JEREMY J. SCHIRA2024-03-21
0012022-01-01
0012022-01-01JEREMY J. SCHIRA
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012017-01-01
0012016-01-01

Financial Data on GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-02-19145982
Net assets as of the end of the plan year2025-02-194915541
Total assets as of the beginning of the plan year2025-02-193988478
Value of plan covered by a fidelity bond2025-02-19400000
Participant contributions to plan in this plan year2025-02-19364976
Other contributions to plan in this plan year2025-02-190
Other income to plan in this plan year2025-02-19484191
Plan net income in this plan year2025-02-19927063
Net assets as of the end of the plan year2025-02-194915541
Net assets as of the beginning of the plan year2025-02-193988478
Employer contributions to plan in this plan year2025-02-19223878
Expensese paid to adminstrative service provicers from plan in this plan year2025-02-1910787
2024 : GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-03-2146716
Net assets as of the end of the plan year2024-03-213988478
Total assets as of the beginning of the plan year2024-03-213021167
Value of plan covered by a fidelity bond2024-03-21400000
Participant contributions to plan in this plan year2024-03-21362125
Other contributions to plan in this plan year2024-03-210
Other income to plan in this plan year2024-03-21420460
Plan net income in this plan year2024-03-21967311
Net assets as of the end of the plan year2024-03-213988478
Net assets as of the beginning of the plan year2024-03-213021167
Employer contributions to plan in this plan year2024-03-21231442
Expensese paid to adminstrative service provicers from plan in this plan year2024-03-218119
2022 : GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$384,316
Total of all expenses incurred2022-12-31$37,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$31,250
Expenses. Certain deemed distributions of participant loans2022-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$547,690
Value of total assets at end of year2022-12-31$3,021,167
Value of total assets at beginning of year2022-12-31$2,674,616
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$6,515
Total interest from all sources2022-12-31$0
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$56,478
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$56,478
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$110,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$347,769
Participant contributions at end of year2022-12-31$0
Participant contributions at end of year2022-12-31$64,972
Participant contributions at beginning of year2022-12-31$105,289
Assets. Other investments not covered elsewhere at end of year2022-12-31$34,714
Assets. Other investments not covered elsewhere at beginning of year2022-12-31$41,595
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$745
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$5,398
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$2,094
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$346,551
Value of net assets at end of year (total assets less liabilities)2022-12-31$3,021,167
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$2,674,616
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$6,515
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$2,804,854
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$2,344,649
Interest on participant loans2022-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$74,227
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$112,832
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$112,832
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$0
Expenses. Payments to insurance carriers foe the provision of benefits2022-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-219,852
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$199,176
Employer contributions (assets) at end of year2022-12-31$37,002
Employer contributions (assets) at beginning of year2022-12-31$68,157
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$31,250
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MUNNINGHOFF, LANGE & CO.
Accountancy firm EIN2022-12-31311070008
Total expenses incurred by plan in this plan year2022-05-1336823
Net assets as of the end of the plan year2022-05-132674616
Total assets as of the beginning of the plan year2022-05-131621218
Value of plan covered by a fidelity bond2022-05-13110000
Participant contributions to plan in this plan year2022-05-13348186
Other contributions to plan in this plan year2022-05-130
Other income to plan in this plan year2022-05-13535098
Plan net income in this plan year2022-05-131053398
Net assets as of the end of the plan year2022-05-132674616
Net assets as of the beginning of the plan year2022-05-131621218
Employer contributions to plan in this plan year2022-05-13206937
Expensese paid to adminstrative service provicers from plan in this plan year2022-05-135107
Total income from all sources (including contributions)2022-01-01$384,316
Total of all expenses incurred2022-01-01$37,765
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-01-01$31,250
Expenses. Certain deemed distributions of participant loans2022-01-01$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-01-01$547,690
Value of total assets at end of year2022-01-01$3,021,167
Value of total assets at beginning of year2022-01-01$2,674,616
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-01-01$6,515
Total interest from all sources2022-01-01$0
Total dividends received (eg from common stock, registered investment company shares)2022-01-01$56,478
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-01-01No
Total dividends received from registered investment company shares (eg mutual funds)2022-01-01$56,478
Was this plan covered by a fidelity bond2022-01-01Yes
Value of fidelity bond cover2022-01-01$110,000
If this is an individual account plan, was there a blackout period2022-01-01No
Were there any nonexempt tranactions with any party-in-interest2022-01-01No
Contributions received from participants2022-01-01$347,769
Participant contributions at end of year2022-01-01$0
Participant contributions at end of year2022-01-01$64,972
Participant contributions at beginning of year2022-01-01$105,289
Assets. Other investments not covered elsewhere at end of year2022-01-01$34,714
Assets. Other investments not covered elsewhere at beginning of year2022-01-01$41,595
Income. Received or receivable in cash from other sources (including rollovers)2022-01-01$745
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-01-01$5,398
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-01-01$2,094
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Value of net income/loss2022-01-01$346,551
Value of net assets at end of year (total assets less liabilities)2022-01-01$3,021,167
Value of net assets at beginning of year (total assets less liabilities)2022-01-01$2,674,616
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-01-01No
Were any loans by the plan or fixed income obligations due to the plan in default2022-01-01No
Were any leases to which the plan was party in default or uncollectible2022-01-01No
Investment advisory and management fees2022-01-01$6,515
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-01-01$2,804,854
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-01-01$2,344,649
Interest on participant loans2022-01-01$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-01-01$74,227
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-01-01$0
Expenses. Payments to insurance carriers foe the provision of benefits2022-01-01$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-01-01$-219,852
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-01-01No
Was there a failure to transmit to the plan any participant contributions2022-01-01No
Has the plan failed to provide any benefit when due under the plan2022-01-01No
Contributions received in cash from employer2022-01-01$199,176
Employer contributions (assets) at end of year2022-01-01$37,002
Employer contributions (assets) at beginning of year2022-01-01$68,157
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-01-01$31,250
Did the plan have assets held for investment2022-01-01Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-01-01No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-01-01No
Opinion of an independent qualified public accountant for this plan2022-01-011
Accountancy firm name2022-01-01MUNNINGHOFF, LANGE & CO.
Accountancy firm EIN2022-01-01311070008

Form 5500 Responses for GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN

2022: GROUNDSYSTEMS INC 401(K) PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes

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