Plan Ledger DOL Form 5500 · updated monthly

A-1 Heating & Air Conditioning, Inc.401(k)

A-1 HEATING & AIR CONDITIONING, INC. 401(K) PROFIT SHARING PLAN · MERIDIAN, ID · plan year 2023

Reported admin expense ratio · 2023
0.62%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

A-1 Heating & Air Conditioning, Inc. reported $21,984 in plan administrative expenses for 2023: 0.62% of average plan assets, above the peer median. Employer contributions averaged $808 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.81% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Idaho (250th of 349), and 4,237th of 5,337 in construction. In 2023, employees put in $3.25 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,978,111
Participants with balances119
Active participants122
Employer contributions$98,581
Employee contributions$320,130
Employer contribution per active participant$808
Average account balance$33,430
Benefits paid to participants$370,914
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.0M · 103 accts · $95K emplr
2023$4.0M · 119 accts · $99K emplr
2022$3.2M · 127 accts · $131K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,675
Investment management$17,309
Total administrative$21,984
The A-1 Heating & Air Conditioning, Inc. 401(k) match · 2023
Employer contribution per active participant$808
Median for plans this size$1,308
2024$785 per active participant
2023$808 per active participant
2022$1,058 per active participant

A-1 Heating & Air Conditioning, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$22,764 · 0.57%
2023$21,984 · 0.62%
2022$31,160 · 0.81%
Same employer
Similar plansConstruction · Idaho
Petra Incorporated ID$4.4M · 1.29%
Kemper Northwest Inc. ID$3.5M · 0.32%
Kit Homebuilders West LLC ID$3.3M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820222034 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.