Retirement plan

ENVIRONMENTAL SYSTEMS, INC. PROFIT SHARING PLAN

Name: ENVIRONMENTAL SYSTEMS, INC. - ENVIRONMENTAL SYSTEMS, INC. PROFIT SHARING PLAN (2015) Form 5500
Creator: ENVIRONMENTAL SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ENVIRONMENTAL SYSTEMS, INC. PROFIT SHARING PLAN, ENVIRONMENTAL SYSTEMS, INC.

ENVIRONMENTAL SYSTEMS, INC.EIN 04-2536592Plan #001PY 2015

6 HOWARD IRELAND DRIVE - ATTLEBORO, MA 02703508-226-6006esihvac.comLinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$12.4M

No prior year

Total participants

179

No prior year

Average account balance

$69,296

No prior year

Annual return

-1.53%

No prior year

Benchmarks

See 3,906 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort3,906 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$39.94M

Not enough data

1 years with asset history on file

Average account balance

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

$91K

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.

437

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.

85.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$434

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
PROFESSIONAL CAPITAL SERVICES, LLC1+ years Service code 12 · EIN 23-3038464	Contract Administrator; Recordkeeping...	$15,110

Plan features & details

Pension benefit codes2E2J2F2G3D2T

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$62K

$446 / participant

Investment mgmt$59K94.4%
Other / not subdivided$4K5.6%

% of EOY assets

0.503%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: DOWNEY & COMPANY
Auditor EIN: 043106302
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,296

$54,320+27.6%

$67,652+2.4%

$52,331+32.4%

Participation rate

100.0%

73.6%+26.4pp

75.7%+24.3pp

68.1%+31.9pp

Annual return

-1.53%

6.81%-8.3pp

6625.40%-6626.9pp

4.54%-6.1pp

Employer contribution / active EE

$5,714

$1,544+270.2%

$2,266+152.2%

$1,882+203.7%

Participant deferral / active EE

$2,847

$2,950-3.5%

$3,560-20.0%

$3,022-5.8%

Admin fee / account holder

$349

$527-33.8%

$4,821-92.8%

$592-41.1%

Provider

Service type

Compensation

PROFESSIONAL CAPITAL SERVICES, LLC1+ years

Service code 12 · EIN 23-3038464

Contract Administrator; Recordkeeping...

$15,110

ENVIRONMENTAL SYSTEMS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ENVIRONMENTAL SYSTEMS, INC. PROFIT SHARING 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