Retirement plan

BEST HEATING & AIR CONDITIONING COMPANY 401 (K) PROFIT SHARING PLAN

Name: BEST HEATING & AIR CONDITIONING COMPANY - BEST HEATING & AIR CONDITIONING COMPANY 401 (K) PROFIT SHARING PLAN (2016) Form 5500
Creator: BEST HEATING & AIR CONDITIONING COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEST HEATING & AIR CONDITIONING COMPANY 401 (K) PROFIT SHARING PLAN, BEST HEATING & AIR CONDITIONING COMPANY

BEST HEATING & AIR CONDITIONING COMPANYEIN 52-1537460Plan #001PY 2016

4640 WEDGEWOOD BLVD, SUITE 107 - FREDERICK, MD 217037115301-662-0600bestheatac.comLinkedIn11-50 employeesindividual & family services

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$185K

No prior year

Total participants

No prior year

Average account balance

$14,205

No prior year

Annual return

363.69%

No prior year

Benchmarks

See 35,835 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort35,835 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$725K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$65K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+30.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$548

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 codes2E2G2J2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$128 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.902%

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

$14,205

$99,345-85.7%

$84,753-83.2%

$273,972-94.8%

Participation rate

100.0%

80.7%+19.3pp

76.6%+23.4pp

83.0%+17.0pp

Annual return

363.69%

22.93%+340.8pp

22.78%+340.9pp

41.46%+322.2pp

Employer contribution / active EE

$2,308

$4,214-45.2%

$3,574-35.4%

$4,869-52.6%

Participant deferral / active EE

$1,197

$4,270-72.0%

$3,712-67.8%

$5,287-77.4%

Admin fee / account holder

$128

$6,645-98.1%

$5,333-97.6%

$10,133-98.7%

BEST HEATING & AIR CONDITIONING COMPANY 401 (K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEST HEATING & AIR CONDITIONING COMPANY 401 (K) 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