Retirement plan

CLIMATECH, INC. RETIREMENT SAVINGS PLAN

Name: CLIMATECH, INC. - CLIMATECH, INC. RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: CLIMATECH, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLIMATECH, INC. RETIREMENT SAVINGS PLAN, CLIMATECH, INC.

CLIMATECH, INC.EIN 25-1222596Plan #001PY 2015

200 BILMAR DR. - PITTSBURGH, PA 15205412-921-8000climatech.comLinkedIn51-200 employeesmechanical or industrial engineering

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.6M

No prior year

Total participants

149

No prior year

Average account balance

$57,675

No prior year

Annual return

0.35%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.62M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

161

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.

75.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$984K

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

+12.55%

Not enough data

1 years with return on file

Admin fee / account holder

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

$445

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
SELMACK DOBRANSKY & EANNACE, LLC1+ years Service code 10 3328 WASHINGTON ROAD · MCMURRAY, PA 15317	Accounting	$6,000
SIEGEL ACTUARIAL CONSULTING, INC.1+ years Service code 13 11676 PERRY HWY STE 3300 · WEXFORD, PA 15090	Contract Administrator	$3,820
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$150

Plan features & details

Pension benefit codes2E2F2J2K2T3D3H

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).
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$76 / participant

Investment mgmt$1501.5%
Contract admin$4K38.3%
Other / not subdivided$6K60.2%

% of EOY assets

0.150%

all-in expense ratio

Categories reported

2 / 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: STELMACK, DOBRANSKY & EANNANCE, LLC
Auditor EIN: 251900686
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,675

$50,464+14.3%

$75,784-23.9%

$52,331+10.2%

Participation rate

74.0%

66.8%+7.3pp

75.8%-1.8pp

68.1%+5.9pp

Annual return

0.35%

1.03%-0.7pp

9.68%-9.3pp

4.54%-4.2pp

Employer contribution / active EE

$1,564

$1,988-21.4%

$3,323-53.0%

$1,882-16.9%

Participant deferral / active EE

$2,669

$2,570+3.8%

$3,652-26.9%

$3,022-11.7%

Admin fee / account holder

$87

$1,103-92.1%

$5,300-98.4%

$592-85.3%

Provider

Service type

Compensation

SELMACK DOBRANSKY & EANNACE, LLC1+ years

Service code 10

3328 WASHINGTON ROAD · MCMURRAY, PA 15317

Accounting

$6,000

SIEGEL ACTUARIAL CONSULTING, INC.1+ years

Service code 13

11676 PERRY HWY STE 3300 · WEXFORD, PA 15090

Contract Administrator

$3,820

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$150

CLIMATECH, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLIMATECH, INC. RETIREMENT SAVINGS 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