401(k) · DOL Form 5500 · 2023

Asplundh Tree Expert, LLC 401(k) Plan

Data updated 2026-08-11

$277M
Total assets
24,654
Participants
96th
Percentile by assets
$11,234
Avg per participant
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Official DOL plan name: Vegetation and Utility Services Employees 401(k) Savings Plan · Sponsored by Asplundh Tree Expert, LLC · Pennsylvania · Administrative & Support Services

$277M in assets, 24,654 participants

Asplundh Tree Expert, LLC's Vegetation and Utility Services Employees 401(k) Savings Plan reported $277M in total assets and 24,654 participants in its 2023 DOL Form 5500 filing, ranking in the 96th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 96th percentile by assets (of 127,072 plans)
  • #4,286 in Administrative & Support Services (4,372 peers)

Coverage in Pennsylvania

Vegetation and Utility Services Employees 401(k) Savings Plan covers 24,654 participants in Pennsylvania, 30x the typical Pennsylvania plan (state average ~822 per filing). Assets: $277M.

$277M
total plan assets (2023 EOY)
24,654
covered participants
96th
percentile by assets (of 127,072 plans)
$11,234
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Vegetation and Utility Services Employees 401(k) Savings Plan reported net income rose from -$30M in the plan year 2022 filing to $50M in the plan year 2023 filing.
  • Vegetation and Utility Services Employees 401(k) Savings Plan end-of-year assets rose from $227M in the plan year 2022 filing to $277M in the plan year 2023 filing.
  • Vegetation and Utility Services Employees 401(k) Savings Plan reported participants rose from 22,394 in the plan year 2022 filing to 24,654 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Vegetation and Utility Services Employees 401(k) Savings Plan reports 24,654 participants - 30x that state average ($277M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$227M
Net Assets (End of Year)$277M
Net Income$50M
Employer EIN231277550
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Asplundh Tree Expert, LLC)

$500M$550M$600M$650M$700M 202220232024 $536M $666M ▲ +24.2%
Total plan assets by year, all Asplundh Tree Expert, LLC plans on file
Year Plans Participants Total Assets
2022 2 24,710 $536M
2023 2 27,000 $612M
2024 2 25,528 $666M

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Vegetation and Utility Services Employees 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Vegetation and Utility Services Employees 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 -505101520 Total assets ($B) Participants Vegetation and Utili…Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Vegetation and Utility Services Employees 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Scale composition for Vegetation and Utility Services Employees 401(k) Savings Plan

Vegetation and Utility Services Employees 401(k) Savings Plan reports $277M in end-of-year assets across 24,654 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.026% of 93,925,755 covered participants) - about $11,234 per participant (8% of the national average assets-per-participant) . Net income for plan year 2023 was $50M.

This plan identity (EIN 231277550, plan #003) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $227M to $323M (+42.2%) while covered participants moved from 22,394 to 23,133 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 22,394 $227M Open filing
2023 24,654 $277M This page
2024 · index core 23,133 $323M Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Vegetation and Utility Services Employees 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Vegetation and Utility Services Employees 401(k) Savings Plan assets move in 2023?
Vegetation and Utility Services Employees 401(k) Savings Plan grew sharply - up 21.8% during 2023, from $227M to $277M. Reported net income was $50M.
How have Asplundh Tree Expert, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Asplundh Tree Expert, LLC's sponsor-wide assets grew 24.2%, from $536M to $666M.
Where does Vegetation and Utility Services Employees 401(k) Savings Plan rank by assets among Form 5500 filers?
Vegetation and Utility Services Employees 401(k) Savings Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Vegetation and Utility Services Employees 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Virtus Investment Partners, Inc. Savings and Investment Plan in CT ($277M, 718 participants).

Next read for Vegetation and Utility Services Employee…

Filing takeaways

Ways to act on Vegetation and Utility Services Employees 401(k) Savings Plan's numbers.