Retirement plan

COMFORT WINDOW CO., INC. 401(K) SALARY DEFERRAL PLAN

Name: COMFORT WINDOW CO., INC. - COMFORT WINDOW CO., INC. 401(K) SALARY DEFERRAL PLAN (2023) Form 5500
Creator: COMFORT WINDOW CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMFORT WINDOW CO., INC. 401(K) SALARY DEFERRAL PLAN, COMFORT WINDOW CO., INC.

COMFORT WINDOW CO., INC.EIN 16-1263149Plan #001PY 2023

3624 JOHN GLENN BOULEVARD - SYRACUSE, NY 13209315-457-0022LinkedIn1-10 employeesconstruction

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$13.8M

+13.0% from 2022

Total participants

399

+3.1% from 2022

Average account balance

$56,372

+6.1% from 2022

Annual return

16.70%

+32.23 pp from 2022

Benchmarks

See 2,423 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,423 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.41M

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

255

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.

48.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

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

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$241

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 2 by compensation

Provider	Service type	Compensation
PINNACLE FINANCIAL SERVICES, INC.4 years Filed as: PINNACLE INVESTMENTS, LLC Service code 27 · EIN 20-5319494 507 PLUM STREET · SYRACUSE, NY 13204	Advisory (Plan)	$30,628
AMERICAN FUNDS4 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERV. Service code 64 · EIN 95-6817946 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$20,487

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$51K

$152 / participant

Recordkeeping$20K40.1%
Investment mgmt$31K59.9%

% of EOY assets

0.370%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DANNIBLE & MCKEE, LLP
Auditor EIN: 330996661
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,372

$99,168-43.2%

$96,534-41.6%

$74,460-24.3%

Participation rate

54.3%

80.7%-26.4pp

76.0%-21.7pp

70.7%-16.4pp

Annual return

16.70%

22.40%-5.7pp

25.88%-9.2pp

34.38%-17.7pp

Employer contribution / active EE

$1,118

$2,570-56.5%

$2,965-62.3%

$2,638-57.6%

Participant deferral / active EE

$1,965

$4,936-60.2%

$4,851-59.5%

$4,530-56.6%

Admin fee / account holder

$209

$225-7.2%

$8,253-97.5%

$348-40.0%

Provider

Service type

Compensation

PINNACLE FINANCIAL SERVICES, INC.4 years

Filed as: PINNACLE INVESTMENTS, LLC

Service code 27 · EIN 20-5319494

507 PLUM STREET · SYRACUSE, NY 13204

Advisory (Plan)

$30,628

AMERICAN FUNDS4 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERV.

Service code 64 · EIN 95-6817946

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$20,487

COMFORT WINDOW CO., INC. 401(K) SALARY DEFERRAL PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMFORT WINDOW CO., INC. 401(K) SALARY DEFERRAL 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