Retirement plan

UNITED AIR TEMP 401(K) PROFIT SHARING PLAN

Name: UNITED AIR TEMP - UNITED AIR TEMP 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: UNITED AIR TEMP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, UNITED AIR TEMP 401(K) PROFIT SHARING PLAN, UNITED AIR TEMP

UNITED AIR TEMPEIN 54-1245568Plan #001PY 2020

P.O. BOX 6300 - SPRINGFIELD, VA 22150703-516-8316LinkedIn201-500 employeesconstruction

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$15.6M

+24.4% from 2019

Total participants

281

+8.5% from 2019

Average account balance

$69,603

+13.3% from 2019

Annual return

20.27%

-3.54 pp from 2019

Benchmarks

See 2,939 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,939 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.20M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

522

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.

33.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+78.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$179

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
NATIONWIDE6+ years Service code 53 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Insurance Commissions	$54,822
PURSHE KAPLAN STERLING INV2 years Filed as: PURSHE KAPLAN STERLING Service code 28 18 CORPORATE WOODS BLVD · ALBANY, NY 12211	Investment Management	$31,683
TRITON SERVICES CORPORATION6+ years Service code 15 4114 LEGATO ROAD · FAIRFAX, VA 22033	Recordkeeping	$12,490
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE Service code 64 4211 S. 102ND ST · OMAHA, NE 68127	Recordkeeping Fees	$27

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$18K

$86 / participant

Contract admin$18K100.0%

% of EOY assets

0.117%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: THOMPSON GREENSPON
Auditor EIN: 541029635
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,603

$69,383+0.3%

$101,264-31.3%

$73,493-5.3%

Participation rate

73.1%

68.4%+4.7pp

75.8%-2.7pp

70.7%+2.4pp

Annual return

20.27%

18.46%+1.8pp

46.48%-26.2pp

28.51%-8.2pp

Employer contribution / active EE

$1,456

$2,628-44.6%

$3,660-60.2%

$2,270-35.9%

Participant deferral / active EE

$3,108

$3,301-5.8%

$4,370-28.9%

$3,740-16.9%

Admin fee / account holder

$81

$704-88.5%

$5,947-98.6%

$513-84.2%

Provider

Service type

Compensation

NATIONWIDE6+ years

Service code 53

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Insurance Commissions

$54,822

PURSHE KAPLAN STERLING INV2 years

Filed as: PURSHE KAPLAN STERLING

Service code 28

18 CORPORATE WOODS BLVD · ALBANY, NY 12211

Investment Management

$31,683

TRITON SERVICES CORPORATION6+ years

Service code 15

4114 LEGATO ROAD · FAIRFAX, VA 22033

Recordkeeping

$12,490

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE

Service code 64

4211 S. 102ND ST · OMAHA, NE 68127

Recordkeeping Fees

$27

UNITED AIR TEMP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

UNITED AIR TEMP 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