Retirement plan

FERNANDEZ HEATING & MECHANICAL CORP 401(K) PROFIT SHARING PLAN AND TRUST

Name: FERNANDEZ HEATING & MECHANICAL CORP - FERNANDEZ HEATING & MECHANICAL CORP 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: FERNANDEZ HEATING & MECHANICAL CORP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FERNANDEZ HEATING & MECHANICAL CORP 401(K) PROFIT SHARING PLAN AND TRUST, FERNANDEZ HEATING & MECHANICAL CORP

FERNANDEZ HEATING & MECHANICAL CORPEIN 11-3525865Plan #001PY 2018

241 -15 BRADDOCK AVE - BELLEROSE, NY 11426646-201-2015LinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#002Retirement-$666K assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$256K

+44.7% from 2017

Total participants

+20.0% from 2017

Average account balance

$21,308

+56.8% from 2017

Annual return

-8.98%

-65.97 pp from 2017

Benchmarks

See 38,943 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort38,943 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$633K

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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

$56K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+9.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$23802

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 codes2D2E2J3D

Plan features

2D
Offset plan
Plan benefits are subject to offset for retirement benefits provided in another plan or arrangement of the employer.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$193

$21 / participant

Other / not subdivided$193100.0%

% of EOY assets

0.075%

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

$21,308

$97,761-78.2%

$83,850-74.6%

$135,382-84.3%

Participation rate

100.0%

80.0%+20.0pp

76.1%+23.9pp

82.6%+17.4pp

Annual return

-8.98%

1287.44%-1296.4pp

850.92%-859.9pp

519.77%-528.7pp

Employer contribution / active EE

$4,599

$4,222+8.9%

$3,631+26.7%

$4,779-3.8%

Participant deferral / active EE

$5,967

$4,682+27.4%

$4,082+46.2%

$5,609+6.4%

Admin fee / account holder

$16

$6,674-99.8%

$5,478-99.7%

$10,829-99.9%

FERNANDEZ HEATING & MECHANICAL CORP 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FERNANDEZ HEATING & MECHANICAL CORP 401(K) PROFIT SHARING PLAN AND TRUST

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