Retirement plan

CHUCKS HEATING & AIR CONDITIONING, INC. 401K PLAN

Name: CHUCKS HEATING & AIR CONDITIONING - CHUCKS HEATING & AIR CONDITIONING, INC. 401K PLAN (2016) Form 5500
Creator: CHUCKS HEATING & AIR CONDITIONING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHUCKS HEATING & AIR CONDITIONING, INC. 401K PLAN, CHUCKS HEATING & AIR CONDITIONING

CHUCKS HEATING & AIR CONDITIONINGEIN 03-0280898Plan #001PY 2016

PO BOX 53 - COLCHESTER, VT 054460053802-655-1489

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$898K

+22.4% from 2015

Total participants

-5.9% from 2015

Average account balance

$28,972

-21.0% from 2015

Annual return

6.09%

+9.31 pp from 2015

Benchmarks

See 13,704 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort13,704 peers

Snapshot2016

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$3.29M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$72K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

78.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$275K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+18.91%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$783

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$914

$14 / participant

Other / not subdivided$914100.0%

% of EOY assets

0.102%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$28,972

$56,894-49.1%

$84,753-65.8%

$62,881-53.9%

Participation rate

48.4%

68.5%-20.1pp

76.6%-28.2pp

69.3%-20.9pp

Annual return

6.09%

6.30%-0.2pp

22.78%-16.7pp

20.14%-14.1pp

Employer contribution / active EE

$774

$2,400-67.8%

$3,574-78.4%

$2,281-66.1%

Participant deferral / active EE

$1,113

$2,709-58.9%

$3,712-70.0%

$3,203-65.2%

Admin fee / account holder

$29

$3,581-99.2%

$5,333-99.4%

$4,296-99.3%

CHUCKS HEATING & AIR CONDITIONING, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHUCKS HEATING & AIR CONDITIONING, INC. 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion