Retirement plan

COMFORT FLOW HEATING, CO. 401(K) PROFIT SHARING PLAN

Name: COMFORT FLOW HEATING, CO. - COMFORT FLOW HEATING, CO. 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: COMFORT FLOW HEATING, CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMFORT FLOW HEATING, CO. 401(K) PROFIT SHARING PLAN, COMFORT FLOW HEATING, CO.

COMFORT FLOW HEATING, CO.EIN 93-0592999Plan #002PY 2021

1951 DON ST., SUITE D - SPRINGFIELD, OR 97477541-726-0100comfortflow.comLinkedIn51-200 employeesconstruction

Prospect flagsLow returnsHigh feesHigh cashCorrective distributions

How to read this page

Total assets (EOY)

$9.1M

+13.9% from 2020

Total participants

153

-7.3% from 2020

Average account balance

$61,565

+26.3% from 2020

Annual return

10.34%

-1.76 pp from 2020

Benchmarks

See 2,980 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,980 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.97M

Not enough data

1 years with asset history on file

Average account balance

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

$68K

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.

176

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.

85.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.00M

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

+14.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$630

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

Top 4 by compensation

Provider	Service type	Compensation
SAPIENT PRIVATE WEALTH MANAGEMENT6 years Service code 27 · EIN 45-3264817 101 EAST BROADWAY · EUGENE, OR 97401	Advisory (Plan)	$47,547
AMERICAN FUNDS2 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 15 · EIN 82-4555287	Recordkeeping	$14,486
PENSION ASSURANCE LLP2 years Filed as: PENSION PLANNERS NORTHWEST Service code 16 · EIN 93-1160402	Consulting	$7,918
PRIME PENSIONS NORTHWEST, LLC1 year Service code 16 · EIN 87-3599091	Consulting	$6,116

Plan features & details

Pension benefit codes2A2E2F2H2J2K2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

4 tripped

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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$78K

$584 / participant

Investment mgmt$48K60.8%
Contract admin$14K18.5%
Other / not subdivided$16K20.7%

% of EOY assets

0.859%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,565

$77,677-20.7%

$109,188-43.6%

$79,389-22.5%

Participation rate

96.3%

67.8%+28.5pp

75.9%+20.4pp

70.7%+25.6pp

Annual return

10.34%

23.44%-13.1pp

25.76%-15.4pp

116.89%-106.5pp

Employer contribution / active EE

$1,722

$2,798-38.5%

$3,723-53.8%

$2,428-29.1%

Participant deferral / active EE

$3,885

$3,517+10.5%

$4,654-16.5%

$4,046-4.0%

Admin fee / account holder

$529

$732-27.8%

$6,755-92.2%

$626-15.6%

Provider

Service type

Compensation

SAPIENT PRIVATE WEALTH MANAGEMENT6 years

Service code 27 · EIN 45-3264817

101 EAST BROADWAY · EUGENE, OR 97401

Advisory (Plan)

$47,547

AMERICAN FUNDS2 years

Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI

Service code 15 · EIN 82-4555287

Recordkeeping

$14,486

PENSION ASSURANCE LLP2 years

Filed as: PENSION PLANNERS NORTHWEST

Service code 16 · EIN 93-1160402

Consulting

$7,918

PRIME PENSIONS NORTHWEST, LLC1 year

Service code 16 · EIN 87-3599091

Consulting

$6,116

COMFORT FLOW HEATING, CO. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMFORT FLOW HEATING, CO. 401(K) 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