Retirement plan

COLLEGE PLACE HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: COLLEGE PLACE HEATING & AIR CONDITIONING, INC. - COLLEGE PLACE HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN & TRUST (2023) Form 5500
Creator: COLLEGE PLACE HEATING & AIR CONDITIONING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COLLEGE PLACE HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN & TRUST, COLLEGE PLACE HEATING & AIR CONDITIONING, INC.

COLLEGE PLACE HEATING & AIR CONDITIONING, INC.EIN 91-0911752Plan #002PY 2023

970 NE ROSE STREET, PO BOX 445 - COLLEGE PLACE, WA 99324509-525-8073cpheat.comLinkedIn1-10 employeesfacilities services

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

-4.3% from 2022

Total participants

0.0% from 2022

Average account balance

$76,557

+2.8% from 2022

Annual return

-8.79%

-11.93 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.85M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

141.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$97K

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

+11.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$865

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 codes2E2F2G2J2T2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

3 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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$58K

$2913 / participant

Other / not subdivided$58K100.0%

% of EOY assets

2.819%

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

$76,557

$106,280-28.0%

$96,538-20.7%

$139,487-45.1%

Participation rate

90.0%

77.8%+12.2pp

74.3%+15.7pp

80.3%+9.7pp

Annual return

-8.79%

38.48%-47.3pp

35.74%-44.5pp

373.84%-382.6pp

Employer contribution / active EE

$5,500

$4,107+33.9%

$3,740+47.1%

$4,755+15.7%

Participant deferral / active EE

$1,335

$5,457-75.5%

$4,880-72.6%

$6,713-80.1%

Admin fee / account holder

$2,158

$7,888-72.6%

$6,737-68.0%

$11,407-81.1%

COLLEGE PLACE HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COLLEGE PLACE HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN & 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