Sperber Landscape Companies, LLC 401(k) Review & Grade
Sperber Landscape Companies and Subsidiaries 401(k) Plan
Westlake Village, CAAdministrative, Support & Staffing Services3,147 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$663Employer $ per active participant
$1,192Employee $ saved per active participant
0.43%Direct admin cost, % of plan assets
$43.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity31.5 / 5063th percentile for employer $ per participant
- Low cost3.8 / 2515th percentile for low admin cost vs. same-size plans
- Employee saving7.3 / 1548th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Administrative, Support & Staffing Services plans with 2,500–9,999 active participants (125 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 63th |
| Lower admin cost | 15th |
| Employee saving | 48th |
| Peers that auto-enroll | 22% |
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Red flags from the filing
Late deposits: the filing says some employee contributions were not sent to the plan on time ($12,880 reported). That's money taken from paychecks that sat with the employer longer than the law allows.
What to do if you're in this plan
- Sperber Landscape Companies put in about $663 per active participant, more than the typical peer ($342). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.43% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan reported late deposits of employee contributions. Compare your pay stubs with your account statements, and contact the plan administrator if money shows up late.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $2,086,103 |
| Participant (employee) contributions | $3,751,827 |
| Other contributions (incl. rollovers in) | $557,748 |
| Administrative expenses paid from the plan | $170,700 |
| Investment advisory & management fees | $98,924 |
| Benefits paid out | $6,035,043 |
| Net assets, start / end of year | $37.0M / $43.1M |
| Active participants, start / end of year | 3,282 / 3,012 |
| Participants with account balances | 905 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Windes, Inc. |
Largest service providers (Schedule C)
| World Investment Advisors LLC | $71,862 reported compensation |
| Empower Annuity Insurance Company O | $71,776 reported compensation |
| Cota Street Investment Management | $27,062 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251001123445NAL0013213489001, received 2025-10-01, EIN 82-4405778, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.