Retirement plan

HAC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: HAC, INC. - HAC, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2021) Form 5500
Creator: HAC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HAC, INC. EMPLOYEE STOCK OWNERSHIP PLAN, HAC, INC.

HAC, INC.EIN 43-1969314Plan #002PY 2021

390 NE 36TH STREET - OKLAHOMA CITY, OK 73105405-290-3000agreatplaceto.workLinkedIn1001-5000 employeesretail

Other plans on this EIN

1 filing

#001Retirement-$30.0M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$73.8M

+59.0% from 2020

Total participants

2,395

+7.6% from 2020

Average account balance

$30,933

+43.4% from 2020

Annual return

39.36%

+61.60 pp from 2020

Benchmarks

See 360 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort360 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.41M

Not enough data

1 years with asset history on file

Average account balance

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

$12K

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.

2,599

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.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$10.87M

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

-41.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2I2P2Q3H3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

0 tripped

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

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PICKETT, CHANEY & MCMULLEN, LLP
Auditor EIN: 481246310
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,933

$48,166-35.8%

$96,575-68.0%

$93,010-66.7%

Participation rate

99.5%

65.1%+34.4pp

69.8%+29.7pp

73.9%+25.6pp

Annual return

39.36%

21.31%+18.1pp

37.79%+1.6pp

158.70%-119.3pp

Employer contribution / active EE

$5,248

$1,070+390.6%

$2,357+122.7%

$2,705+94.0%

Participant deferral / active EE

$2,576-100.0%

$3,849-100.0%

$4,561-100.0%

Admin fee / account holder

$110-100.0%

$6,182-100.0%

$152-100.0%

HAC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HAC, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion