How big is Best Labor Contractors, LLC's plan?

Best Labor Contractors, LLC's plan reported $4.4M in assets and 598 participants for 2024.

Original filing (PDF)20250904120403NAL0033771970001

Best Labor Contractors, LLC

Name: Best Labor Contractors, LLC — Best Labor 401(k) Plan, Form 5500 (2024)
Creator: Best Labor Contractors, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Best Labor 401(k) Plan

401(k) retirement plan · Best Labor Contractors, LLC's Best Labor 401(k) Plan held $4.4M in plan assets for 598 participants in 2024, with John Hancock as recordkeeper.

Signals · 1

Possibly inadequate fidelity bond

Active participants

598

Accounts w/ balance

140

Plan assets (EOY)

$4.4M

Net assets (EOY)

$4.4M

Plan identifiers

Best Labor Contractors, LLC's EIN is 20-8090106.

EIN 20-8090106

Plan number 002

Plan year 2024

ACK ID 20250904120403NAL0033771970001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Best Labor Contractors, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Best Labor Contractors, LLC's plan includes profit-sharing, a 401(k) feature, ERISA 404(c) participant direction, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for BEST LABOR CONTRACTORS, LLC.

Finding similar companies…

How this plan invests

This plan

1 pooled trust

Schedule D

30 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Fidelity bond appears below the 10%-of-assets requirement.
Total administrative cost in the bottom quartile of peers (17th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (3rd percentile).

Plan sponsor

Name

BEST LABOR CONTRACTORS, LLC

EIN

all filings

Address

3211 PONCE DE LEON BLVD · SUITE 301 · CORAL GABLES, FL · 33134

Phone

(305) 460-6300

Industry

Admin Support & Waste Mgmt

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

002

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-09-04

Pension benefit codes

2E · Profit-sharing

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2T · Default investment account (QDIA)

3D · Pre-approved plan (master / prototype / VS)

3H · Sponsor in controlled / affiliated group

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
JOHN HANCOCK LIFE INSURANCE COMPANY	01-0233346	BUFFALO, NY	RECORDKEEPER	$954	—

Investments

30 direct securities · 1 pooled fund· $8.7M(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.

Pooled Separate Account

$4.4M

1 holding

Mutual Funds

$3.5M

18 holdings

Common Collective Trusts

$440K

5 holdings

Stable Value

$197K

1 holding

Other securities

$153K

5 holdings

Bonds / Notes

$88K

1 holding

					% of plan
JOHN HANCOCK SUB-ACCOUNTS JOHN HANCOCK LIFE INSURANCE COMPANY · EIN 01-0233346 / PN 001	Pooled Separate Account	—	—	$4.4M	99.8%
American Funds American Funds 2060 TD	Mutual Funds	—	—	$931K	21.3%
American Funds American Funds 2030 TD	Mutual Funds	—	—	$520K	11.9%
American Funds American Funds 2045 TD	Mutual Funds	—	—	$385K	8.8%
American Funds American Funds 2035 TD	Mutual Funds	—	—	$362K	8.3%
American Funds American Funds 2040 TD	Mutual Funds	—	—	$298K	6.8%
American Funds American Funds 2050 TD	Mutual Funds	—	—	$252K	5.8%
American Funds 500 Index Fund	Common Collective Trusts	—	—	$231K	5.3%
American Funds American Funds 2020 TD	Mutual Funds	—	—	$212K	4.8%
John Hancock Asset Management John Hancock Stable Value Fund	Stable Value	—	—	$197K	4.5%
American Funds American Funds 2025 TD	Mutual Funds	—	—	$193K	4.4%
American Funds American Funds 2055 TD	Mutual Funds	—	—	$150K	3.4%
Fidelity Management and Research Company Fidelity Mid Cap Index Fund	Common Collective Trusts	—	—	$97K	2.2%
Vanguard Balanced Index Fund	Common Collective Trusts	—	—	$91K	2.1%
Notes receivable from participants Interest at 8.75% to 12.72% maturities through 2029	Bonds / Notes	—	—	$88K	2.0%
Alliance Bernstein AB Large Cap Growth Fund	Other securities	—	—	$77K	1.8%
American Funds American Funds New Perspective	Mutual Funds	—	—	$58K	1.3%
Explorer Investments	Other securities	—	—	$38K	0.9%
TIAA Global Asset Management TIAA-CREF Lifecycle Index 2055	Mutual Funds	—	—	$31K	0.7%
American Funds American Funds 2065 TD	Mutual Funds	—	—	$28K	0.6%
Cohen and Steers Cohen & Steers Real Estate	Other securities	—	—	$28K	0.6%
MFS Mid Cap Growth Fund	Mutual Funds	—	—	$26K	0.6%
American Funds American Funds New World Fund	Mutual Funds	—	—	$21K	0.5%
TIAA Global Asset Management TIAA-CREF Small-Cap Blend Idx	Common Collective Trusts	—	—	$19K	0.4%
TIAA Global Asset Management TIAA-CREF Lifecycle Index 2040	Mutual Funds	—	—	$8K	0.2%
PIMCO Income Fund	Mutual Funds	—	—	$6K	0.1%
Alliance Bernstein AB High Income Fund	Other securities	—	—	$6K	0.1%
Alliance Bernstein AB Global Bond Fund	Other securities	—	—	$5K	0.1%
Vanguard Equity-Income Fund	Mutual Funds	—	—	$4K	<0.1%
American Funds American Funds 2010 TD	Mutual Funds	—	—	$3K	<0.1%
Vanguard Total Intl Stock Idx	Common Collective Trusts	—	—	$2K	<0.1%