Retirement plan

DIPAOLA QUALITY CLIMATE CONTROL

Name: DIPAOLA QUALITY CLIMATE CONTROL - DIPAOLA QUALITY CLIMATE CONTROL (2023) Form 5500
Creator: DIPAOLA QUALITY CLIMATE CONTROL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DIPAOLA QUALITY CLIMATE CONTROL, DIPAOLA QUALITY CLIMATE CONTROL

DIPAOLA QUALITY CLIMATE CONTROLEIN 90-0097494Plan #002PY 2023

114 CHESS STREET - NEW EAGLE, PA 15067724-880-6550dipaolaheating.comLinkedIn1-10 employeesindividual & family services

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$353K

+109.5% from 2022

Total participants

+8.8% from 2022

Average account balance

$10,385

+97.2% from 2022

Annual return

22.39%

+45.86 pp from 2022

Benchmarks

See 18,037 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,037 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$639K

Not enough data

1 years with asset history on file

Average account balance

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

$20K

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.

91.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$144K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+17.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1438

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 codes2E2H2J3D2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$3K

$86 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.880%

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

$10,385

$73,978-86.0%

$96,515-89.2%

$75,173-86.2%

Participation rate

91.7%

66.4%+25.2pp

74.3%+17.3pp

67.2%+24.5pp

Annual return

22.39%

26.72%-4.3pp

35.73%-13.3pp

160.72%-138.3pp

Employer contribution / active EE

$1,408

$2,931-51.9%

$3,740-62.3%

$2,671-47.3%

Participant deferral / active EE

$2,675

$3,660-26.9%

$4,880-45.2%

$4,126-35.2%

Admin fee / account holder

$91

$5,219-98.2%

$6,735-98.6%

$5,651-98.4%

DIPAOLA QUALITY CLIMATE CONTROL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DIPAOLA QUALITY CLIMATE CONTROL

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