Retirement plan

CLIMATE BY DESIGN INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: CLIMATE BY DESIGN INTERNATIONAL, INC. - CLIMATE BY DESIGN INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST (2020) Form 5500
Creator: CLIMATE BY DESIGN INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLIMATE BY DESIGN INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST, CLIMATE BY DESIGN INTERNATIONAL, INC.

CLIMATE BY DESIGN INTERNATIONAL, INC.EIN 41-1697241Plan #005PY 2020

2100 PARK DRIVE, PO BOX 288 - OWATONNA, MN 55060507-451-2198cdihvac.comLinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6.5M

+14.5% from 2019

Total participants

162

+5.9% from 2019

Average account balance

$45,154

+6.6% from 2019

Annual return

19.77%

-3.00 pp from 2019

Benchmarks

See 4,082 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,082 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.31M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

238

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.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

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

+17.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$385

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 4 by compensation

Provider	Service type	Compensation
GOLDLEAF PARTNERS3 years Service code 13 PO BOX 806 · BRAINERD, MN 56401	Contract Administrator	$7,044
MURRAY FINANCIAL GROUP1 year Filed as: MURRAY FINANCIAL GROUP LLC Service code 27 200 N BROADWAY AVE · ALBERT LEA, MN 56007	Advisory (Plan)	$5,106
BLUM SHAPIRO2 years Filed as: CLIFTONLARSON ALLEN, LLP Service code 10 3077 W JEFFERSON STREET, SUITE 105 · JOLIET, IL 60435	Accounting	$3,964
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618	Recordkeeping Fees	$763

Plan features & details

Pension benefit codes2E2J2K2F2G2T3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$8K

$59 / participant

Investment mgmt$8K100.0%

% of EOY assets

0.118%

all-in expense ratio

Categories reported

1 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,154

$73,638-38.7%

$95,964-52.9%

$73,497-38.6%

Participation rate

86.9%

76.2%+10.8pp

77.1%+9.8pp

70.7%+16.2pp

Annual return

19.77%

16.78%+3.0pp

91.64%-71.9pp

28.51%-8.7pp

Employer contribution / active EE

$708

$1,863-62.0%

$2,541-72.1%

$2,270-68.8%

Participant deferral / active EE

$2,718

$3,617-24.8%

$4,167-34.8%

$3,740-27.3%

Admin fee / account holder

$53

$482-88.9%

$6,797-99.2%

$513-89.6%

Provider

Service type

Compensation

GOLDLEAF PARTNERS3 years

Service code 13

PO BOX 806 · BRAINERD, MN 56401

Contract Administrator

$7,044

MURRAY FINANCIAL GROUP1 year

Filed as: MURRAY FINANCIAL GROUP LLC

Service code 27

200 N BROADWAY AVE · ALBERT LEA, MN 56007

Advisory (Plan)

$5,106

BLUM SHAPIRO2 years

Filed as: CLIFTONLARSON ALLEN, LLP

Service code 10

3077 W JEFFERSON STREET, SUITE 105 · JOLIET, IL 60435

Accounting

$3,964

AMERICAN FUNDS2 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 64

6455 IRVINE CENTER DRIVE · IRVINE, CA 92618

Recordkeeping Fees

$763

CLIMATE BY DESIGN INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLIMATE BY DESIGN INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN & TRUST

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