Retirement plan

401(A) THRIFT PLAN OF ALLCOUNTY PLUMBING AND HEATING CORP.

Name: ALLCOUNTY PLUMBING AND HEATING CORP. - 401(A) THRIFT PLAN OF ALLCOUNTY PLUMBING AND HEATING CORP. (2023) Form 5500
Creator: ALLCOUNTY PLUMBING AND HEATING CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(A) THRIFT PLAN OF ALLCOUNTY PLUMBING AND HEATING CORP., ALLCOUNTY PLUMBING AND HEATING CORP.

ALLCOUNTY PLUMBING AND HEATING CORP.EIN 11-2521744Plan #002PY 2023

799 CONEY ISLAND AVE - BROOKLYN, NY 112185309718-284-1944allcountycorp.comLinkedIn1-10 employeesconstruction

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$647K

+76.5% from 2020

Total participants

+60.0% from 2020

Average account balance

$28,119

+15.1% from 2020

Annual return

-5.88%

+1.53 pp from 2020

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$650K

Not enough data

1 years with asset history on file

Average account balance

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

$31K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$147K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+0.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16890

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 codes2E2F2G2T

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.
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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$99K

$5832 / participant

Other / not subdivided$99K100.0%

% of EOY assets

15.329%

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

$28,119

$106,280-73.5%

$96,538-70.9%

$139,487-79.8%

Participation rate

94.1%

77.8%+16.3pp

74.3%+19.8pp

80.3%+13.8pp

Annual return

-5.88%

38.48%-44.4pp

35.74%-41.6pp

373.84%-379.7pp

Employer contribution / active EE

$4,107-100.0%

$3,740-100.0%

$4,755-100.0%

Participant deferral / active EE

$7,489

$5,457+37.2%

$4,880+53.4%

$6,713+11.6%

Admin fee / account holder

$4,311

$7,888-45.4%

$6,737-36.0%

$11,407-62.2%

401(A) THRIFT PLAN OF ALLCOUNTY PLUMBING AND HEATING CORP.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(A) THRIFT PLAN OF ALLCOUNTY PLUMBING AND HEATING CORP.

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