Retirement plan

TEMPE MECHANICAL PROFIT SHARING PLAN

Name: AWY HOLDINGS, INC. DBA TEMPE MECHANICAL - TEMPE MECHANICAL PROFIT SHARING PLAN (2021) Form 5500
Creator: AWY HOLDINGS, INC. DBA TEMPE MECHANICAL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TEMPE MECHANICAL PROFIT SHARING PLAN, AWY HOLDINGS, INC. DBA TEMPE MECHANICAL

AWY HOLDINGS, INC. DBA TEMPE MECHANICALEIN 20-8040140Plan #003PY 2021

3385 N. NEVADA STREET - CHANDLER, AZ 85225480-820-1235LinkedIn11-50 employeesmachinery

Prospect flagsLow assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$1.1M

+39.8% from 2020

Total participants

111

-21.8% from 2020

Average account balance

$10,188

+24.1% from 2020

Annual return

13.22%

-3.62 pp from 2020

Benchmarks

See 16,659 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,659 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.43M

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.

94.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$380K

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

+11.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$354

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

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 codes2A2E3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$12K

$152 / participant

Investment mgmt$8K67.4%
Other / not subdivided$4K32.6%

% of EOY assets

1.118%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: MANSPERGER PATTERSON & MCMULLIN PLC
Auditor EIN: 860751928
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$10,188

$78,682-87.1%

$109,188-90.7%

$85,851-88.1%

Participation rate

95.0%

68.3%+26.7pp

75.9%+19.1pp

69.3%+25.7pp

Annual return

13.22%

25.09%-11.9pp

25.76%-12.5pp

318.63%-305.4pp

Employer contribution / active EE

$3,176

$2,734+16.2%

$3,723-14.7%

$2,565+23.8%

Participant deferral / active EE

$3,468-100.0%

$4,654-100.0%

$3,952-100.0%

Admin fee / account holder

$114

$5,470-97.9%

$6,755-98.3%

$6,261-98.2%

TEMPE MECHANICAL PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TEMPE MECHANICAL PROFIT SHARING 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