Retirement plan

SCHNEIDER HEATING & AIR CONDITIONING, INC. PROFIT SHARING PLAN

Name: SCHNEIDER HEATING & AIR CONDITIONING, INC. - SCHNEIDER HEATING & AIR CONDITIONING, INC. PROFIT SHARING PLAN (2023) Form 5500
Creator: SCHNEIDER HEATING & AIR CONDITIONING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SCHNEIDER HEATING & AIR CONDITIONING, INC. PROFIT SHARING PLAN, SCHNEIDER HEATING & AIR CONDITIONING, INC.

SCHNEIDER HEATING & AIR CONDITIONING, INC.EIN 39-1178245Plan #001PY 2023

1025 2ND AVENUE SW - ONALASKA, WI 54602608-782-4032schneiderheating.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$9.3M

+26.4% from 2022

Total participants

135

+15.4% from 2022

Average account balance

$83,476

+27.5% from 2022

Annual return

21.56%

+39.24 pp from 2022

Benchmarks

See 6,231 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,231 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.43M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

100

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.

68.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$771K

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

+14.56%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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
COMMONWEALTH FINANCIAL NETWORK1 year Filed as: COMMONWEALTH EQUITY SERVICES LLC Service code 27 29 SAWYER RD · WALTHAM, MA 024533483	Advisory (Plan)	$26,833
PREMIER RETIREMENT PARTNERS1 year Service code 13 8040 EXCELSIOR DR · MADISON, WI 53719	Contract Administrator	$1,184
EPIC RETIREMENT PLAN SERVICES1 year Filed as: CAPITAL GROUPS RETIREMENT PLAN SVS Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$625

Plan features & details

Pension benefit codes2E2J2K2F2G3D

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$26K

$233 / participant

Investment mgmt$26K100.0%

% of EOY assets

0.279%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HANCOCK & ROBINSON CPA
Auditor EIN: 461410019
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,476

$91,439-8.7%

$135,974-38.6%

$71,511+16.7%

Participation rate

79.5%

75.7%+3.8pp

81.9%-2.5pp

67.9%+11.5pp

Annual return

21.56%

29.90%-8.3pp

68.30%-46.7pp

28.86%-7.3pp

Employer contribution / active EE

$2,306

$3,705-37.8%

$4,859-52.5%

$2,589-10.9%

Participant deferral / active EE

$4,378

$7,093-38.3%

$7,760-43.6%

$4,291+2.0%

Admin fee / account holder

$233

$1,267-81.6%

$10,767-97.8%

$1,588-85.3%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK1 year

Filed as: COMMONWEALTH EQUITY SERVICES LLC

Service code 27

29 SAWYER RD · WALTHAM, MA 024533483

Advisory (Plan)

$26,833

PREMIER RETIREMENT PARTNERS1 year

Service code 13

8040 EXCELSIOR DR · MADISON, WI 53719

Contract Administrator

$1,184

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: CAPITAL GROUPS RETIREMENT PLAN SVS

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$625

SCHNEIDER HEATING & AIR CONDITIONING, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SCHNEIDER HEATING & AIR CONDITIONING, INC. 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