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Department of Labor filing

ISLAND EMPLOYMENT SERVICES, LLC

ISLAND EMPLOYMENT SERVICES, LLC 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

76filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support
$11,455

Reported employer contributions per active participant.

Higher than about 98% of comparable plans
#People in the filing
302

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$252 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 23% of comparable plans
↗Investment performance
Not available

Plan assets changed 10.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202476out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $1,592 · based on 804 comparable plans
Lower reported administrative expense23rd percentileTypical peer $147 · based on 831 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, ISLAND EMPLOYMENT SERVICES, LLC reported $3,459,364 in employer contributions across the plan and 302 active participants. That works out to $11,455 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy61%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 10.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 88.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context76/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$3,459,364
Participant contributions
$3,496,986
Other contributions
$374,264
Employer share of reported contributions
49.7%
Beginning assets
$109,018,129
Ending assets
$120,770,754
Ending net assets
$120,770,754
Ending liabilities
$0
Total income
$21,002,025
Total expenses
$9,249,400
Administrative expenses
$129,889
Participant loans
$783,063

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$10,393
2023
$8,368
2024
$11,455
Plan-paid administrative expenses per participant
2022
$134
2023
$289
2024
$252
Active participants
2022
303
2023
310
2024
302
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$11,455302120.8M20251013104713NAL0000499443001
2023$8,368310109M20241014134111NAL0026294081001
2022$10,39330393.5M20231016163957NAL0077164034001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
0.6%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Yes
Public plan identifier
271845845-002

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Jan 1, 1994
Industry
Real estate
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2A2E2F2G2J2R2S2T3B3D3H

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20251013104713NAL0000499443001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗