Retirement plan

FIRST AMERICAN AIR INC. RETIREMENT PLAN

Name: ELEMENT HOME SOLUTIONS INC. - FIRST AMERICAN AIR INC. RETIREMENT PLAN (2019) Form 5500
Creator: ELEMENT HOME SOLUTIONS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FIRST AMERICAN AIR INC. RETIREMENT PLAN, ELEMENT HOME SOLUTIONS INC.

ELEMENT HOME SOLUTIONS INC.EIN 47-1669966Plan #001PY 2019

6114 LA SALLE AVE #310 - OAKLAND, CA 94611510-346-9990elementhomesolution.comLinkedIn1-10 employeesfacilities services

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.4M

+29.7% from 2018

Total participants

+66.7% from 2018

Average account balance

$192,885

-7.4% from 2018

Annual return

22.71%

-24.94 pp from 2018

Benchmarks

See 13,235 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants<25

Cohort13,235 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.88M

Not enough data

1 years with asset history on file

Average account balance

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

$575K

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.

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.30%

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

0 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 codes2E2F2G2J3D

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$794

$99 / participant

Other / not subdivided$794100.0%

% of EOY assets

0.059%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$192,885

$104,953+83.8%

$84,637+127.9%

$152,909+26.1%

Participation rate

62.5%

74.8%-12.3pp

68.2%-5.7pp

82.5%-20.0pp

Annual return

22.71%

373.94%-351.2pp

258.82%-236.1pp

345.46%-322.7pp

Employer contribution / active EE

$1,561

$3,304-52.7%

$2,653-41.2%

$4,764-67.2%

Participant deferral / active EE

$7,586

$4,691+61.7%

$3,900+94.5%

$5,851+29.6%

Admin fee / account holder

$113

$6,244-98.2%

$4,914-97.7%

$11,601-99.0%

FIRST AMERICAN AIR INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FIRST AMERICAN AIR INC. RETIREMENT 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