Retirement plan

BRADHAM BROTHERS, INC. RETIREMENT PLAN

Name: AIR CONTROL HEATING & AIR CONDITION DBA BRADHAM BROTHERS, INC. - BRADHAM BROTHERS, INC. RETIREMENT PLAN (2017) Form 5500
Creator: AIR CONTROL HEATING & AIR CONDITION DBA BRADHAM BROTHERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BRADHAM BROTHERS, INC. RETIREMENT PLAN, AIR CONTROL HEATING & AIR CONDITION DBA BRADHAM BROTHERS, INC.

AIR CONTROL HEATING & AIR CONDITION DBA BRADHAM BROTHERS, INC.EIN 56-1125221Plan #001PY 2017

6128 ROZZELLES FERRY ROAD - CHARLOTTE, NC 28214704-392-8056bradhambrothers.comLinkedIn51-200 employeesconsumer goods

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$2.8M

+22.5% from 2016

Total participants

-20.0% from 2016

Average account balance

$81,004

+19.0% from 2016

Annual return

15.80%

+14.12 pp from 2016

Benchmarks

See 14,318 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort14,318 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.02M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

67.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$373K

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

+5.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$211

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 codes2E2G2J2R3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$59K

$2194 / participant

Other / not subdivided$59K100.0%

% of EOY assets

2.089%

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

$81,004

$63,346+27.9%

$92,240-12.2%

$70,126+15.5%

Participation rate

96.3%

68.7%+27.6pp

76.5%+19.8pp

69.5%+26.8pp

Annual return

15.80%

530.19%-514.4pp

176.29%-160.5pp

73.15%-57.4pp

Employer contribution / active EE

$2,473

$2,471+0.1%

$3,680-32.8%

$2,343+5.6%

Participant deferral / active EE

$5,434

$2,854+90.4%

$3,897+39.4%

$3,332+63.1%

Admin fee / account holder

$1,692

$3,841-55.9%

$5,194-67.4%

$4,645-63.6%

BRADHAM BROTHERS, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BRADHAM BROTHERS, 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