Retirement plan

CRAWFORD HEATING & COOLING, INC. PROFIT SHARING PLAN

Name: CRAWFORD HEATING AND COOLING, INC. - CRAWFORD HEATING & COOLING, INC. PROFIT SHARING PLAN (2022) Form 5500
Creator: CRAWFORD HEATING AND COOLING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CRAWFORD HEATING & COOLING, INC. PROFIT SHARING PLAN, CRAWFORD HEATING AND COOLING, INC.

CRAWFORD HEATING AND COOLING, INC.EIN 36-2495336Plan #001PY 2022

1306 MILL STREET - ROCK ISLAND, IL 61201309-788-4573LinkedIn51-200 employeesconstruction

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed February 29, 2024

Plan administrator

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1306 Mill St

Rock Island, IL 61201

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Plans declared (1)

Plan name not on file10 emp

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Total assets (EOY)

$6.2M

-11.2% from 2021

Total participants

211

+5.0% from 2021

Average account balance

$37,673

+8.3% from 2021

Annual return

-13.05%

-30.52 pp from 2021

Benchmarks

See 2,998 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,998 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.16M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

134

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.

64.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$957K

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

+21.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$478

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Service code 15 · EIN 84-0467907	Recordkeeping	$10,831
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY INS SVCS INC Service code 27 · EIN 51-0116113	Advisory (Plan)	$6,191
KFG ENTERPRISES INC2 years Service code 27 · EIN 61-1383536	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2F2G2J3D3H

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$46K

$271 / participant

Other / not subdivided$46K100.0%

% of EOY assets

0.746%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HONKAMP, P.C.
Auditor EIN: 420946155
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,673

$64,176-41.3%

$112,249-66.4%

$66,938-43.7%

Participation rate

72.4%

68.4%+3.9pp

75.1%-2.7pp

69.8%+2.5pp

Annual return

-13.05%

-13.80%+0.8pp

27.48%-40.5pp

1.58%-14.6pp

Employer contribution / active EE

$1,934

$3,007-35.7%

$3,636-46.8%

$2,545-24.0%

Participant deferral / active EE

$3,448

$3,694-6.6%

$4,729-27.1%

$4,238-18.6%

Admin fee / account holder

$281

$626-55.1%

$6,412-95.6%

$594-52.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Service code 15 · EIN 84-0467907

Recordkeeping

$10,831

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY INS SVCS INC

Service code 27 · EIN 51-0116113

Advisory (Plan)

$6,191

KFG ENTERPRISES INC2 years

Service code 27 · EIN 61-1383536

Advisory (Plan)

CRAWFORD HEATING & COOLING, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CRAWFORD HEATING & COOLING, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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