Retirement plan

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN

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

PETERS HEATING & AIR CONDITIONING, INC.EIN 37-0892465Plan #002PY 2015

4520 BROADWAY - QUINCY, IL 62305217-222-1368LinkedIn11-50 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$12.1M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$4.9M

No prior year

Total participants

276

No prior year

Average account balance

$20,551

No prior year

Annual return

-1.66%

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

$9.39M

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

269

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.

84.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$774K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+16.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$271

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 6 by compensation

Provider	Service type	Compensation
BTC1+ years Service code 24 · EIN 45-5138085	Discretionary Trustee	$38,396
BENECO SYSTEMS, LLC1+ years Filed as: BENECO Service code 15 · EIN 41-2046279 9089 E. BAHIA DRIVE, SUITE 100 · SCOTTSDALE, AZ 85260	Recordkeeping	$12,353
WILLIAMS BENEFIT CONSULTING, LLC1+ years Service code 13 · EIN 46-1499818 3835 E. LAKE CENTRE DRIVE · QUINCY, IL 62305	Contract Administrator	$3,900
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 64 · EIN 95-1411037 333 SOUTH HOPE STREET · LOS ANGELES, CA 90071	Recordkeeping Fees	$2,675
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE Service code 33 · EIN 47-0533629 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$221
TD AMERITRADE, INC.1+ years Service code 33	Securities brokerage	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D

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.
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.

Opportunity flags

1 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$57K

$276 / participant

Investment mgmt$41K72.7%
Contract admin$16K27.3%

% of EOY assets

1.166%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: GRAY HUNTER STENN LLP
Auditor EIN: 363077757
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,551

$50,464-59.3%

$75,784-72.9%

$52,331-60.7%

Participation rate

81.1%

66.8%+14.3pp

75.8%+5.2pp

68.1%+13.0pp

Annual return

-1.66%

1.03%-2.7pp

9.68%-11.3pp

4.54%-6.2pp

Employer contribution / active EE

$999

$1,988-49.8%

$3,323-69.9%

$1,882-46.9%

Participant deferral / active EE

$1,062

$2,570-58.7%

$3,652-70.9%

$3,022-64.8%

Admin fee / account holder

$240

$1,103-78.3%

$5,300-95.5%

$592-59.5%

Provider

Service type

Compensation

BTC1+ years

Service code 24 · EIN 45-5138085

Discretionary Trustee

$38,396

BENECO SYSTEMS, LLC1+ years

Filed as: BENECO

Service code 15 · EIN 41-2046279

9089 E. BAHIA DRIVE, SUITE 100 · SCOTTSDALE, AZ 85260

Recordkeeping

$12,353

WILLIAMS BENEFIT CONSULTING, LLC1+ years

Service code 13 · EIN 46-1499818

3835 E. LAKE CENTRE DRIVE · QUINCY, IL 62305

Contract Administrator

$3,900

AMERICAN FUNDS1+ years

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 64 · EIN 95-1411037

333 SOUTH HOPE STREET · LOS ANGELES, CA 90071

Recordkeeping Fees

$2,675

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE

Service code 33 · EIN 47-0533629

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$221

TD AMERITRADE, INC.1+ years

Service code 33

Securities brokerage

PETERS HEATING & AIR CONDITIONING, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PETERS HEATING & AIR CONDITIONING, 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