Retirement plan

SOUTHERN COMFORT HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN

Name: SOUTHERN COMFORT HEATING & AIR CONDITIONING,INC. - SOUTHERN COMFORT HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: SOUTHERN COMFORT HEATING & AIR CONDITIONING,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SOUTHERN COMFORT HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN, SOUTHERN COMFORT HEATING & AIR CONDITIONING,INC.

SOUTHERN COMFORT HEATING & AIR CONDITIONING,INC.EIN 56-2461791Plan #001PY 2019

294 COTHRAN ROAD - DAWSONVILLE, GA 30534706-216-8238southerncomfortcoolingandheating.comLinkedIn1-10 employeesindividual & family services

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$200K

+31.3% from 2018

Total participants

-20.0% from 2018

Average account balance

$66,556

+75.1% from 2018

Annual return

21.44%

+28.89 pp from 2018

Benchmarks

See 40,734 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort40,734 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$532K

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

150.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$77K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+17.62%

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 codes2E2F2J2T3D

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).
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$9K

$2938 / participant

Other / not subdivided$9K100.0%

% of EOY assets

4.414%

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

$66,556

$107,353-38.0%

$92,903-28.4%

$152,885-56.5%

Participation rate

66.7%

79.8%-13.1pp

76.0%-9.3pp

82.5%-15.8pp

Annual return

21.44%

145.62%-124.2pp

109.43%-88.0pp

345.39%-323.9pp

Employer contribution / active EE

$1,575

$4,222-62.7%

$3,653-56.9%

$4,763-66.9%

Participant deferral / active EE

$6,368

$4,848+31.4%

$4,238+50.3%

$5,851+8.8%

Admin fee / account holder

$2,938

$7,081-58.5%

$5,795-49.3%

$11,598-74.7%

SOUTHERN COMFORT HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SOUTHERN COMFORT HEATING & AIR CONDITIONING, INC. 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