Retirement plan

HIGGINS HEATING AIR CONDITIONING & REFRIGERATION 401K PLAN

Name: HIGGINS HEATING, AIR CONDITIONING & REFRIGERATION, INC. - HIGGINS HEATING AIR CONDITIONING & REFRIGERATION 401K PLAN (2025) Form 5500
Creator: HIGGINS HEATING, AIR CONDITIONING & REFRIGERATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HIGGINS HEATING AIR CONDITIONING & REFRIGERATION 401K PLAN, HIGGINS HEATING, AIR CONDITIONING & REFRIGERATION, INC.

HIGGINS HEATING, AIR CONDITIONING & REFRIGERATION, INC.EIN 88-3392280Plan #001PY 2025

1632 BEMIDJI AVE N - BEMIDJI, MN 56601218-751-2801higginsheating.comLinkedIn1-10 employeesmechanical or industrial engineering

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$459K

+55.7% from 2024

Total participants

+36.4% from 2024

Average account balance

$32,809

+22.3% from 2024

Annual return

22.91%

+8.38 pp from 2024

Benchmarks

See 24,949 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort24,949 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$459K

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

107.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$99K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+22.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$198

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 codes2E2J2F2G3D

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.
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

$3K

$213 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.602%

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

$32,809

$129,737-74.7%

$119,126-72.5%

$154,746-78.8%

Participation rate

92.3%

78.9%+13.5pp

75.8%+16.5pp

80.7%+11.6pp

Annual return

22.91%

379.08%-356.2pp

282.11%-259.2pp

172.34%-149.4pp

Employer contribution / active EE

$2,384

$4,375-45.5%

$4,034-40.9%

$4,379-45.6%

Participant deferral / active EE

$5,245

$5,842-10.2%

$5,318-1.4%

$6,730-22.1%

Admin fee / account holder

$198

$11,961-98.3%

$10,693-98.2%

$14,365-98.6%

HIGGINS HEATING AIR CONDITIONING & REFRIGERATION 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HIGGINS HEATING AIR CONDITIONING & REFRIGERATION 401K 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