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 (2017) 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 2017

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

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$261K

+41.2% from 2016

Total participants

+7.7% from 2016

Average account balance

$18,627

+31.1% from 2016

Annual return

10.07%

-353.62 pp from 2016

Benchmarks

See 37,229 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort37,229 peers

Snapshot2017

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$3K

$246 / participant

Other / not subdivided$3K100.0%

% of EOY assets

1.322%

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

$18,627

$106,008-82.4%

$92,240-79.8%

$147,586-87.4%

Participation rate

100.0%

80.4%+19.6pp

76.5%+23.5pp

82.8%+17.2pp

Annual return

10.07%

50.05%-40.0pp

176.29%-166.2pp

578.59%-568.5pp

Employer contribution / active EE

$2,893

$4,333-33.2%

$3,680-21.4%

$4,876-40.7%

Participant deferral / active EE

$1,216

$4,478-72.9%

$3,897-68.8%

$5,439-77.6%

Admin fee / account holder

$246

$6,333-96.1%

$5,194-95.3%

$10,886-97.7%

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