Retirement plan

NATIONAL REFRIGERATION, INC. 401(K) PLAN

Name: NATIONAL REFRIGERATION, INC - NATIONAL REFRIGERATION, INC. 401(K) PLAN (2017) Form 5500
Creator: NATIONAL REFRIGERATION, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NATIONAL REFRIGERATION, INC. 401(K) PLAN, NATIONAL REFRIGERATION, INC

NATIONAL REFRIGERATION, INCEIN 05-0319523Plan #002PY 2017

3600 WEST SHORD RD - WARWICK, RI 02886401-737-2000nhvac.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$46K assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$3.2M

+21.4% from 2016

Total participants

172

+25.5% from 2016

Average account balance

$23,450

+3.8% from 2016

Annual return

10.69%

+0.22 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.23M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

243

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.

83.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$384K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+10.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$239

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
NEW ENGLAND PENSION CONSULTANTS1 year Filed as: NEW ENGLAND PENSION PLAN SYSTEMS, L Service code 13 · EIN 05-0515232	Contract Administrator	$13,259

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 returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$26K

$213 / participant

Investment mgmt$9K35.1%
Contract admin$6K22.7%
Other / not subdivided$11K42.1%

% of EOY assets

0.809%

all-in expense ratio

Categories reported

2 / 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: YARLAS, KAPLAN, SANTILLI & MORAN
Auditor EIN: 050514919
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$23,450

$58,726-60.1%

$92,240-74.6%

$62,293-62.4%

Participation rate

72.4%

68.3%+4.0pp

76.5%-4.1pp

69.5%+2.8pp

Annual return

10.69%

43.62%-32.9pp

176.29%-165.6pp

28.90%-18.2pp

Employer contribution / active EE

$1,701

$2,392-28.9%

$3,680-53.8%

$2,042-16.7%

Participant deferral / active EE

$1,783

$2,766-35.5%

$3,897-54.3%

$3,169-43.8%

Admin fee / account holder

$190

$556-65.9%

$5,194-96.3%

$479-60.4%

Provider

Service type

Compensation

NEW ENGLAND PENSION CONSULTANTS1 year

Filed as: NEW ENGLAND PENSION PLAN SYSTEMS, L

Service code 13 · EIN 05-0515232

Contract Administrator

$13,259

NATIONAL REFRIGERATION, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NATIONAL REFRIGERATION, INC. 401(K) 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