Retirement plan

FLORIDA BREEZE 401(K) SAFE HARBOR PLAN

Name: COMFORTMAKERS OF FLORIDA DBA FLORIDA BREEZE - FLORIDA BREEZE 401(K) SAFE HARBOR PLAN (2020) Form 5500
Creator: COMFORTMAKERS OF FLORIDA DBA FLORIDA BREEZE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FLORIDA BREEZE 401(K) SAFE HARBOR PLAN, COMFORTMAKERS OF FLORIDA DBA FLORIDA BREEZE

COMFORTMAKERS OF FLORIDA DBA FLORIDA BREEZEEIN 26-4545111Plan #001PY 2020

6928 VICKIE CIRCLE SUITE B - WEST MELBOURNE, FL 32904321-951-8767

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$948K

+39.3% from 2019

Total participants

+28.3% from 2019

Average account balance

$43,076

+14.0% from 2019

Annual return

18.98%

-3.88 pp from 2019

Benchmarks

See 8,772 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,772 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.29M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

70.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$255K

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

+14.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2262

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 codes2E2F2G2J2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$79 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.469%

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

$43,076

$60,119-28.3%

$90,430-52.4%

$79,858-46.1%

Participation rate

33.9%

65.0%-31.0pp

72.7%-38.8pp

69.6%-35.7pp

Annual return

18.98%

71.94%-53.0pp

1293.73%-1274.7pp

31.72%-12.7pp

Employer contribution / active EE

$839

$2,068-59.4%

$3,262-74.3%

$2,471-66.0%

Participant deferral / active EE

$1,632

$2,938-44.5%

$3,963-58.8%

$3,740-56.4%

Admin fee / account holder

$202

$3,976-94.9%

$5,613-96.4%

$5,306-96.2%

FLORIDA BREEZE 401(K) SAFE HARBOR PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FLORIDA BREEZE 401(K) SAFE HARBOR 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