Retirement plan

PRECISION-AIRE, INC. 401(K) PLAN

Name: PRECISION AIRE, INC. - PRECISION-AIRE, INC. 401(K) PLAN (2016) Form 5500
Creator: PRECISION AIRE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PRECISION-AIRE, INC. 401(K) PLAN, PRECISION AIRE, INC.

PRECISION AIRE, INC.EIN 11-2856496Plan #002PY 2016

2100-9 ARTIC AVE - BOHEMIA, NY 117162430516-563-8280precision-aire.comLinkedIn11-50 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#003Retirement-$114K assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$842K

+21.8% from 2015

Total participants

+7.7% from 2015

Average account balance

$84,166

+9.7% from 2015

Annual return

9.62%

-7.65 pp from 2015

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.76M

Not enough data

1 years with asset history on file

Average account balance

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

$110K

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.

160.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$88K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23672

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

$100

$8 / participant

Other / not subdivided$100100.0%

% of EOY assets

0.012%

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

$84,166

$99,345-15.3%

$84,753-0.7%

$273,973-69.3%

Participation rate

66.7%

80.7%-14.0pp

76.6%-9.9pp

83.0%-16.3pp

Annual return

9.62%

22.93%-13.3pp

22.78%-13.2pp

41.46%-31.8pp

Employer contribution / active EE

$1,407

$4,214-66.6%

$3,574-60.7%

$4,869-71.1%

Participant deferral / active EE

$5,626

$4,270+31.8%

$3,712+51.6%

$5,287+6.4%

Admin fee / account holder

$10

$6,645-99.8%

$5,333-99.8%

$10,133-99.9%

PRECISION-AIRE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PRECISION-AIRE, 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