Retirement plan

MITCHELL MECHANICAL HEATING & AIR CONDITIONING, INC. 401(K) PLAN

Name: MITCHELL MECHANICAL HEATING & - MITCHELL MECHANICAL HEATING & AIR CONDITIONING, INC. 401(K) PLAN (2020) Form 5500
Creator: MITCHELL MECHANICAL HEATING &
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MITCHELL MECHANICAL HEATING & AIR CONDITIONING, INC. 401(K) PLAN, MITCHELL MECHANICAL HEATING &

MITCHELL MECHANICAL HEATING &EIN 58-2030809Plan #001PY 2020

1398 DUNCAN LANE - AUBURN, GA 30011770-995-7585

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$582K

+1311.7% from 2019

Total participants

+16.7% from 2019

Average account balance

$27,705

+1110.0% from 2019

Annual return

1073.66%

+1073.66 pp from 2019

Benchmarks

See 42,057 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort42,057 peers

Snapshot2020

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$841K

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

121.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$89K

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

+10.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18837

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

See the 7-year trajectory. $4.99 for your first month.

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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 codes2E2F2G2J2T3D

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.
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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$500

$29 / participant

Other / not subdivided$500100.0%

% of EOY assets

0.086%

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: -

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,705

$115,770-76.1%

$101,248-72.6%

$158,922-82.6%

Participation rate

100.0%

79.4%+20.6pp

75.8%+24.2pp

82.0%+18.0pp

Annual return

1073.66%

56.14%+1017.5pp

46.47%+1027.2pp

302.83%+770.8pp

Employer contribution / active EE

$2,358

$4,175-43.5%

$3,660-35.6%

$4,761-50.5%

Participant deferral / active EE

$3,414

$4,957-31.1%

$4,370-21.9%

$5,982-42.9%

Admin fee / account holder

$24

$7,245-99.7%

$5,945-99.6%

$11,246-99.8%

MITCHELL MECHANICAL HEATING & AIR CONDITIONING, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MITCHELL MECHANICAL HEATING & AIR CONDITIONING, INC. 401(K) 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