Retirement plan

A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN

Name: A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN - A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN (2016) Form 5500
Creator: A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN, A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN

A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLANEIN 74-1718342Plan #001PY 2016

PO BOX 70308 - HOUSTON, TX 772700308713-869-7584

Prospect flagsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

No prior year

Total participants

101

No prior year

Average account balance

$24,018

No prior year

Annual return

9.11%

No prior year

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.89M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$175K

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

+10.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6844

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 codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$138K

$1363 / participant

Other / not subdivided$138K100.0%

% of EOY assets

6.590%

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

$24,018

$43,423-44.7%

$78,676-69.5%

$55,167-56.5%

Participation rate

86.1%

68.0%+18.1pp

73.6%+12.6pp

69.0%+17.1pp

Annual return

9.11%

11.53%-2.4pp

62.19%-53.1pp

169.23%-160.1pp

Employer contribution / active EE

$660

$1,997-67.0%

$2,850-76.9%

$1,963-66.4%

Participant deferral / active EE

$350

$2,509-86.0%

$3,517-90.0%

$3,054-88.5%

Admin fee / account holder

$1,583

$416+280.3%

$4,510-64.9%

$504+214.1%

A/W MECHANICAL SERVICES, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A/W MECHANICAL SERVICES, INC. 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