Retirement plan

TEMPE MECHANICAL PROFIT SHARING PLAN

Name: AWY HOLDINGS, INC. DBA TEMPE MECHANICAL - TEMPE MECHANICAL PROFIT SHARING PLAN (2024) 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 2024

303 W ELLIOT RD, STE. 101 - TEMPE, AZ 85284480-820-1235LinkedIn11-50 employeesmachinery

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.4M

+23.6% from 2023

Total participants

-32.2% from 2023

Average account balance

$31,186

+88.6% from 2023

Annual return

11.85%

-2.56 pp from 2023

Benchmarks

See 18,593 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,593 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$2.49M

Not enough data

1 years with asset history on file

Average account balance

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

$29K

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.

106.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2395

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

See the 8-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
AGRANDAR ASSOCIATES, INC2 years Service code 27 · EIN 86-0782378 10505 N. 69TH ST, SUITE 1400 · SCOTTSDALE, AZ 85253	Advisory (Plan)	$20,335
DESANTIAGO PENSION CONSULTING LLC2 years Filed as: DESANTIAGO PENSION CONSULTING, LLC Service code 49 · EIN 86-0905871 1016 E. GLENDALE AVE. · PHOENIX, AZ 85020	Other Services	$7,250

Plan features & details

Pension benefit codes2A2E2F2G3D

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.
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.
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

$28K

$412 / participant

Investment mgmt$20K73.7%
Other / not subdivided$7K26.3%

% of EOY assets

1.134%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: MANSPERGER PATTERSON & MCMULLIN PLC
Auditor EIN: 860751928
Audit fees: $0
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,186

$81,460-61.7%

$103,333-69.8%

$80,856-61.4%

Participation rate

94.0%

66.8%+27.2pp

74.5%+19.5pp

67.6%+26.4pp

Annual return

11.85%

25.55%-13.7pp

24.88%-13.0pp

35.59%-23.7pp

Employer contribution / active EE

$5,672

$3,105+82.6%

$3,868+46.6%

$2,755+105.9%

Participant deferral / active EE

$3,869-100.0%

$5,057-100.0%

$4,296-100.0%

Admin fee / account holder

$354

$6,566-94.6%

$8,355-95.8%

$6,918-94.9%

Provider

Service type

Compensation

AGRANDAR ASSOCIATES, INC2 years

Service code 27 · EIN 86-0782378

10505 N. 69TH ST, SUITE 1400 · SCOTTSDALE, AZ 85253

Advisory (Plan)

$20,335

DESANTIAGO PENSION CONSULTING LLC2 years

Filed as: DESANTIAGO PENSION CONSULTING, LLC

Service code 49 · EIN 86-0905871

1016 E. GLENDALE AVE. · PHOENIX, AZ 85020

Other Services

$7,250

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