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Original filing (PDF)20251015085658NAL0002132099001
GROUNDWORKS OPERATIONS, LLC
Form 5500
FILING_RECEIVED
GROUNDWORKS OPERATIONS, LLC 401(K) PLAN
401(k) retirement plan
Active participants
3,197
Accounts w/ balance
1,664
Plan assets (EOY)
$62.5M
Net assets (EOY)
$62.5M
How this plan invests
This plan
33 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
88
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
80
Knocking points off
- 24 bps in Schedule C fees — 52% above peer band of 16 bps.
- 52% balance-to-active ratio — below typical for a healthy 401(k).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for GROUNDWORKS OPERATIONS, LLC.
Plan sponsor
Name
GROUNDWORKS OPERATIONS, LLC
EIN
81-2191541
Address
1741 CORPORATE LANDING PARKWAY · VIRGINIA BEACH, VA · 234545929
Phone
(757) 558-9909
Industry
Constructionsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-15
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
WELLS, COLEMAN & COMPANY, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| JOHN HANCOCK RETIREMENT PLAN SERVIC | 01-0233346 | — | RECORDKEEPER | $103K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| KESTRA INVESTMENT SERVICES LLC | — | AUSTIN, TX | INVESTMENT ADVISOR | $50K | — |
Investments
33 direct securities· $62.5M(100% of reported assets)
Uncategorized
$62.5M
32 holdings
Mutual Funds
$58K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Ret 2055 Fund | — | — | — | $8.2M | 13.1% | |
| Vanguard Target Ret 2050 Fund | — | — | — | $7.6M | 12.1% | |
| Vanguard Target Ret 2045 Fund | — | — | — | $7.0M | 11.2% | |
| Fidelity 500 Index Fund | — | — | — | $6.2M | 10.0% | |
| Vanguard Target Ret 2040 Fund | — | — | — | $5.4M | 8.7% | |
| Vanguard Target Ret 2060 Fund | — | — | — | $4.5M | 7.3% | |
| Vanguard Growth Index Fd Adm | — | — | — | $3.7M | 5.9% | |
| Vanguard Target Ret 2035 Fund | — | — | — | $3.6M | 5.8% | |
| Vanguard Target Ret 2030 Fund | — | — | — | $2.8M | 4.5% | |
| with maturities of 1 to 10 years | — | — | — | $1.8M | 2.9% | |
| Vanguard Info Tech Idx Admiral | — | — | — | $1.5M | 2.4% | |
| Fidelity International Idx Fund | — | — | — | $1.4M | 2.2% | |
| Vanguard Target Ret 2065 Fund | — | — | — | $1.2M | 2.0% | |
| Vanguard Target Ret 2025 Fund | — | — | — | $1.1M | 1.8% | |
| Fidelity US Bond Index Fund | — | — | — | $730K | 1.2% | |
| Vanguard Value Indx Fund Adm | — | — | — | $706K | 1.1% | |
| Fidelity Emerg Mkts Index Fund | — | — | — | $651K | 1.0% | |
| Vanguard Mid Cap Index Adm | — | — | — | $636K | 1.0% | |
| Fidelity Sm Cap Index Fund | — | — | — | $497K | 0.8% | |
| Similar Party Description of Investment Value Money Market Fund Vanguard Fed Money Market | — | — | — | $473K | 0.8% | |
| Vanguard Sm Cap Val Ind Adm | — | — | — | $452K | 0.7% | |
| Vanguard Small Growth Adm | — | — | — | $446K | 0.7% | |
| Vanguard Mid Cap Growth Ind Adm | — | — | — | $412K | 0.7% | |
| Vanguard ST Treasury Idx Adm | — | — | — | $285K | 0.5% | |
| Vanguard International Value | — | — | — | $238K | 0.4% | |
| Cohen & Steers Cohen & Steers Intl Realty | — | — | — | $207K | 0.3% | |
| Vanguard Target Ret 2020 Fund | — | — | — | $173K | 0.3% | |
| Vanguard Target Ret Income Fund | — | — | — | $149K | 0.2% | |
| Vanguard Mid Cap Val Index Adm | — | — | — | $85K | 0.1% | |
| MFS International Growth Fund | — | — | — | $74K | 0.1% | |
| JP Morgan JP Morgan US Govt Mkt Cap CI | Mutual Funds | — | — | $58K | <0.1% | |
| PGIM Jennison PGIM Jennison Utility R6 | — | — | — | $15K | <0.1% | |
| Vanguard Health Care Idx Adm | — | — | — | $11K | <0.1% |
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