Retirement plan

VICTORIA AIR CONDITIONING, LTD. 401(K) PROFIT SHARING PLAN AND TRUST

Name: VICTORIA AIR CONDITIONING, LTD. - VICTORIA AIR CONDITIONING, LTD. 401(K) PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: VICTORIA AIR CONDITIONING, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VICTORIA AIR CONDITIONING, LTD. 401(K) PROFIT SHARING PLAN AND TRUST, VICTORIA AIR CONDITIONING, LTD.

VICTORIA AIR CONDITIONING, LTD.EIN 74-2807223Plan #001PY 2015

513 PROFIT DRIVE - VICTORIA, TX 77901361-578-5241victoriaair.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.5M

No prior year

Total participants

186

No prior year

Average account balance

$52,846

No prior year

Annual return

-1.51%

No prior year

Benchmarks

See 1,997 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort1,997 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.11M

Not enough data

1 years with asset history on file

Average account balance

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

$113K

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.

151

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.

90.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$787K

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

+10.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$427

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

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 codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$47K

$390 / participant

Investment mgmt$47K100.0%

% of EOY assets

0.559%

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: BUMGARDNER, MORRISON & CO., LLP
Auditor EIN: 741194944
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$52,846

$50,464+4.7%

$75,784-30.3%

$52,331+1.0%

Participation rate

78.5%

66.8%+11.7pp

75.8%+2.7pp

68.1%+10.4pp

Annual return

-1.51%

1.03%-2.5pp

9.68%-11.2pp

4.54%-6.1pp

Employer contribution / active EE

$1,467

$1,988-26.2%

$3,323-55.9%

$1,882-22.0%

Participant deferral / active EE

$2,897

$2,570+12.7%

$3,652-20.7%

$3,022-4.1%

Admin fee / account holder

$295

$1,103-73.2%

$5,300-94.4%

$592-50.1%

VICTORIA AIR CONDITIONING, LTD. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VICTORIA AIR CONDITIONING, LTD. 401(K) PROFIT SHARING PLAN AND TRUST

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