Retirement plan

AIR TREATMENT 401(K) PLAN

Name: AIR TREATMENT CORPORATION - AIR TREATMENT 401(K) PLAN (2024) Form 5500
Creator: AIR TREATMENT CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AIR TREATMENT 401(K) PLAN, AIR TREATMENT CORPORATION

AIR TREATMENT CORPORATIONEIN 95-4267892Plan #001PY 2024

640 N. PUENTE ST. - BREA, CA 92821909-869-7975airtreatment.comLinkedIn51-200 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#005Retirement-$202.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$33.3M

+10.4% from 2023

Total participants

281

+12.0% from 2023

Average account balance

$125,080

-1.6% from 2023

Annual return

14.00%

-4.23 pp from 2023

Benchmarks

See 1,403 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,403 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$33.27M

Not enough data

1 years with asset history on file

Average account balance

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

$125K

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.

266

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$406

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS4 years Service code 15 · EIN 13-3689044	Recordkeeping	$60,896
LPL FINANCIAL7 years Filed as: LPL FINANCIAL CORPORATION Service code 23 · EIN 04-3046611	Insurance services; Investment adviso...	$47,511

Plan features & details

Pension benefit codes2F2G2J2S2T3D

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$108K

$425 / participant

Recordkeeping$61K56.0%
Investment mgmt$48K44.0%

% of EOY assets

0.325%

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: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$125,080

$89,465+39.8%

$165,071-24.2%

$77,736+60.9%

Participation rate

94.1%

78.6%+15.4pp

78.6%+15.5pp

70.6%+23.5pp

Annual return

14.00%

28.86%-14.9pp

70.17%-56.2pp

31.26%-17.3pp

Employer contribution / active EE

$2,565-100.0%

$4,347-100.0%

$2,728-100.0%

Participant deferral / active EE

$9,109

$4,904+85.7%

$6,035+50.9%

$4,651+95.9%

Admin fee / account holder

$406

$340+19.6%

$12,695-96.8%

$433-6.2%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Service code 15 · EIN 13-3689044

Recordkeeping

$60,896

LPL FINANCIAL7 years

Filed as: LPL FINANCIAL CORPORATION

Service code 23 · EIN 04-3046611

Insurance services; Investment adviso...

$47,511

AIR TREATMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AIR TREATMENT 401(K) 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