Retirement plan

CENTRAL CAROLINA AIR CONDITIONING 401K PLAN

Name: CENTRAL CAROLINA AIR CONDITIONING - CENTRAL CAROLINA AIR CONDITIONING 401K PLAN (2016) Form 5500
Creator: CENTRAL CAROLINA AIR CONDITIONING
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL CAROLINA AIR CONDITIONING 401K PLAN, CENTRAL CAROLINA AIR CONDITIONING

CENTRAL CAROLINA AIR CONDITIONINGEIN 14-1861470Plan #001PY 2016

1800 FAIRFAX RD STE A - GREENSBORO, NC 27407336-510-3011ccair.comLinkedIn51-200 employeesconsumer services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$4.8M

+11.8% from 2015

Total participants

109

-0.9% from 2015

Average account balance

$49,744

-1.0% from 2015

Annual return

6.26%

+6.39 pp from 2015

Benchmarks

See 13,704 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort13,704 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.33M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

100

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.

58.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$770K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$721

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 3 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES, INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$17,088
STANLEY BENEFIT SERVICES, INC.2+ years Filed as: STANLEY BENEFIT SERVICES Service code 15 · EIN 20-4006400	Recordkeeping	$11,729
TD AMERITRADE, INC.2+ years Filed as: TD AMERITRADE TRUST COMPANY Service code 18 · EIN 20-0937408	Custodial (other than securities); Ot...	$2,706

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

$32K

$339 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.660%

all-in expense ratio

Categories reported

0 / 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: BRESLOW STARLING PLLC
Auditor EIN: 560593053
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$49,744

$56,894-12.6%

$84,753-41.3%

$62,881-20.9%

Participation rate

86.0%

68.5%+17.5pp

76.6%+9.4pp

69.3%+16.7pp

Annual return

6.26%

6.30%0pp

22.78%-16.5pp

20.14%-13.9pp

Employer contribution / active EE

$1,743

$2,400-27.4%

$3,574-51.2%

$2,281-23.6%

Participant deferral / active EE

$3,087

$2,709+13.9%

$3,712-16.8%

$3,203-3.6%

Admin fee / account holder

$328

$3,581-90.8%

$5,333-93.8%

$4,296-92.4%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS FINANCIAL SERVICES, INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$17,088

STANLEY BENEFIT SERVICES, INC.2+ years

Filed as: STANLEY BENEFIT SERVICES

Service code 15 · EIN 20-4006400

Recordkeeping

$11,729

TD AMERITRADE, INC.2+ years

Filed as: TD AMERITRADE TRUST COMPANY

Service code 18 · EIN 20-0937408

Custodial (other than securities); Ot...

$2,706

CENTRAL CAROLINA AIR CONDITIONING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL CAROLINA AIR CONDITIONING 401K 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