Retirement plan

BOYER REFRIGERATION HEATING & AIR CONDITIONING PROFIT SHARING PLAN

Name: BOYER REFRIGERATION HEATING & AIR CONDITIONING, INC. - BOYER REFRIGERATION HEATING & AIR CONDITIONING PROFIT SHARING PLAN (2016) Form 5500
Creator: BOYER REFRIGERATION HEATING & AIR CONDITIONING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOYER REFRIGERATION HEATING & AIR CONDITIONING PROFIT SHARING PLAN, BOYER REFRIGERATION HEATING & AIR CONDITIONING, INC.

BOYER REFRIGERATION HEATING & AIR CONDITIONING, INC.EIN 23-2902040Plan #001PY 2016

PO BOX 130 - BELLWOOD, PA 16617814-942-2106

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+6.9% from 2015

Total participants

-24.4% from 2015

Average account balance

$60,746

+41.3% from 2015

Annual return

5.00%

+4.87 pp from 2015

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.51M

Not enough data

1 years with asset history on file

Average account balance

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

$90K

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.

140.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2758

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 codes2E2J3D2R2G

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the 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

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

$60K

$3160 / participant

Other / not subdivided$60K100.0%

% of EOY assets

3.188%

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

$60,746

$99,345-38.9%

$84,753-28.3%

$273,972-77.8%

Participation rate

100.0%

80.7%+19.3pp

76.6%+23.4pp

83.0%+17.0pp

Annual return

5.00%

22.93%-17.9pp

22.78%-17.8pp

41.46%-36.5pp

Employer contribution / active EE

$1,198

$4,214-71.6%

$3,574-66.5%

$4,869-75.4%

Participant deferral / active EE

$2,387

$4,270-44.1%

$3,712-35.7%

$5,287-54.9%

Admin fee / account holder

$1,937

$6,645-70.9%

$5,333-63.7%

$10,133-80.9%

BOYER REFRIGERATION HEATING & AIR CONDITIONING PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOYER REFRIGERATION HEATING & AIR CONDITIONING 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