Back to top
FORM 5500 DATA

Engineered Cooling Services, Inc. 401k Profit Sharing Plan

Overview

Plan Information

  • Plan Year01/01/2019 — 12/31/2019
  • Date of Plan10/01/2002
  • Net Assets as of 12/31/2019 $8,336,856
  • Plan Number1
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding ArrangementInsurance Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2019

  • Active (Eligible) Participants165
  • Retired or separated participants receiving benefits0
  • Other retired or separated participants entitled to future benefits15
  • Subtotal180
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits0
  • Total180
  • Total number of participants as of 01/01/2019166
  • Number of participants with account balances137
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested0

Expenses

  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • Address2801 N Davis Hwy
  • CityPensacola
  • StateFL
  • Zip32503
  • Telephone(850) 432-7656
  • EIN87-0769487
  • Industry Code238220
  • Named AdministratorMichael Adams

Audit Information

  • Audit StatusAudited
  • AuditorAssurance Dimensions
  • Auditor EIN26-3429295
  • Audit Opinion Disclaimer
  • Audit TypeLimited Scope Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
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.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all 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 A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees 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 if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3D Master plan A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $500,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No

Financials

Income and Expense Statement

Income $2,293,939
Contributions $950,774
Cash Contributions $950,774
Cash from Employers $346,829
Cash from Participants $539,379
Others (including rollovers) $64,566
Noncash Contributions $0
Total Earnings on Investments $1,343,165
Total Interest $17,033
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $17,033
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $0
Net investment gain (loss) from 103-12 investment entities $1,326,132
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $334,506
Total Benefit Payments $272,269
Directly to participants or beneficiaries, including direct rollovers $272,269
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $0
Certain deemed distributions of participant loans $0
Interest expense $0
Total Administrative Expenses $62,237
Professional Fees $1,165
Contract Administrator Fees $61,072
Investment Advisory and management fees $0
Other Administrative Fees $0
Net Income $1,959,433
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2019 12/31/2018 Change YOY
Total Assets $8,339,483 $6,381,269 30.69%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $0 $81 -100.00%
Employer Contributions $0 $81 -100.00%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $329,707 $321,398 2.59%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $0 $0 0.0%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $8,009,776 $6,059,790 32.18%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $2,627 $3,846 -31.70%
Benefit Claims Payable (1) $0 $0 0.0%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $2,627 $3,846 -31.70%
Net Assets $8,336,856 $6,377,423 30.72%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
John Hancock Life Insurance Company Recordkeeping and information management (computing, tabulating, data processing, etc.), Investment management, Shareholder servicing fees, Sub-transfer agency fees, Float revenue, Distribution (12b-1) fees, Other insurance wrap fees, Soft dollars commissions Recordkeeper $1,399 $0 $1,399
Total $1,399 $0 $1,399

Indirect Compensation

There are no service providers with indirect compensation listed for this plan.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.

Investments

Investments

Name of Investment Investment Manager Type of Investment Dollar Value
Jh Multimanager Balanced Ls John Hancock USA DFE: Pooled Separate Account $1,358,715
Jh Multimanager Aggressive Ls John Hancock USA DFE: Pooled Separate Account $884,550
Jh Multimanager Moderate Ls John Hancock USA DFE: Pooled Separate Account $666,404
Jh Multimanager 2035 Lifetime John Hancock USA DFE: Pooled Separate Account $610,254
Jh Multimanager Growth Ls John Hancock USA DFE: Pooled Separate Account $520,425
Jh Multimanager Conserv Ls John Hancock USA DFE: Pooled Separate Account $383,016
Jh Multimanager 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $344,456
Jpmorgan Core Bond Fund John Hancock USA DFE: Pooled Separate Account $218,926
500 Index Fund John Hancock USA DFE: Pooled Separate Account $193,437
Vanguard Energy Fund John Hancock USA DFE: Pooled Separate Account $182,760
Europacific Growth Fund John Hancock USA DFE: Pooled Separate Account $165,390
Jh Multimanager 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $151,427
Real Estate Securities Fund John Hancock USA DFE: Pooled Separate Account $148,966
T. Rowe Price Retirement 2025 John Hancock USA DFE: Pooled Separate Account $134,884
Blue Chip Growth Fund John Hancock USA DFE: Pooled Separate Account $123,029
Northern Em Equity Index Fund John Hancock USA DFE: Pooled Separate Account $102,825
Ishares Msci Eafe Growth Etf John Hancock USA DFE: Pooled Separate Account $100,086
Vanguard Small Cap Value Index John Hancock USA DFE: Pooled Separate Account $99,478
Dodge & Cox Stock Fund John Hancock USA DFE: Pooled Separate Account $97,318
Jh Multimanager 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $90,958
Jh Multimanager 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $89,895
U.S. High Yield Bond Fund John Hancock USA DFE: Pooled Separate Account $87,877
Vanguard Mid-Cap Growth Etf John Hancock USA DFE: Pooled Separate Account $80,458
High Yield Fund John Hancock USA DFE: Pooled Separate Account $66,997
Floating Rate Income Fund John Hancock USA DFE: Pooled Separate Account $60,548
American Century 2035 John Hancock USA DFE: Pooled Separate Account $59,771
Jh Multi-Index Ls Growth John Hancock USA DFE: Pooled Separate Account $58,986
Jh Multi-Index 2045 Lifetime John Hancock USA DFE: Pooled Separate Account $56,653
Jh Multimanager 2050 Lifetime John Hancock USA DFE: Pooled Separate Account $52,626
Jh Multi-Index 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $39,681
Vanguard Small Cap Grow Index John Hancock USA DFE: Pooled Separate Account $36,614
T. Rowe Price Health Sci John Hancock USA DFE: Pooled Separate Account $36,239
Ishares Msci Eafe Value Etf John Hancock USA DFE: Pooled Separate Account $33,993
American Balanced Fund John Hancock USA DFE: Pooled Separate Account $33,717
Jh Managed Volatility Agg John Hancock USA DFE: Pooled Separate Account $33,267
Jh Multi-Index Ls Balanced John Hancock USA DFE: Pooled Separate Account $32,332
Jh Multi-Index 2060 Lifetime John Hancock USA DFE: Pooled Separate Account $28,173
John Hancock Us Quality Growth John Hancock USA DFE: Pooled Separate Account $27,748
Money Market Fund John Hancock USA DFE: Pooled Separate Account $23,139
Pimco Real Return John Hancock USA DFE: Pooled Separate Account $22,202
The Growth Fund of America John Hancock USA DFE: Pooled Separate Account $22,146
Fundamental Investors John Hancock USA DFE: Pooled Separate Account $21,726
Us Government Securities John Hancock USA DFE: Pooled Separate Account $21,605
T. Rowe Price Retirement 2055 John Hancock USA DFE: Pooled Separate Account $21,482
Jh Multi-Index 2040 Lifetime John Hancock USA DFE: Pooled Separate Account $20,469
Templeton Global Bond Fund John Hancock USA DFE: Pooled Separate Account $18,335
Ishares Gold Trust Etf John Hancock USA DFE: Pooled Separate Account $18,288
American Century 2055 John Hancock USA DFE: Pooled Separate Account $17,028
Ft Founding Funds Allocation John Hancock USA DFE: Pooled Separate Account $16,661
T. Rowe Price Sci & Tech John Hancock USA DFE: Pooled Separate Account $15,961
Jpmorgan Large Cap Growth John Hancock USA DFE: Pooled Separate Account $15,602
John Hancock Intl Growth John Hancock USA DFE: Pooled Separate Account $15,453
Mid Cap Index Fund John Hancock USA DFE: Pooled Separate Account $13,712
Dfa International Value John Hancock USA DFE: Pooled Separate Account $13,708
Science & Technology Fund John Hancock USA DFE: Pooled Separate Account $13,581
Jh Multi-Index 2030 Lifetime John Hancock USA DFE: Pooled Separate Account $13,378
John Hancock Disciplined Value John Hancock USA DFE: Pooled Separate Account $12,662
Washington Mutual Investors John Hancock USA DFE: Pooled Separate Account $12,220
T. Rowe Price Equity Inc John Hancock USA DFE: Pooled Separate Account $11,955
Franklin Small-Mid Growth John Hancock USA DFE: Pooled Separate Account $11,308
Jh Multimanager 2055 Lifetime John Hancock USA DFE: Pooled Separate Account $11,001
Smallcap World Fund John Hancock USA DFE: Pooled Separate Account $10,477
Financial Industries Fund John Hancock USA DFE: Pooled Separate Account $9,965
Invesco Oppenheimer Int'L Bond John Hancock USA DFE: Pooled Separate Account $9,851
Capital World Growth & Income John Hancock USA DFE: Pooled Separate Account $9,244
Capital Income Builder John Hancock USA DFE: Pooled Separate Account $8,651
Invesco Oppenheimer Global John Hancock USA DFE: Pooled Separate Account $7,622
Jh Multimanager 2025 Lifetime John Hancock USA DFE: Pooled Separate Account $7,062
Fundamental All Cap Core Fund John Hancock USA DFE: Pooled Separate Account $7,046
Templeton World John Hancock USA DFE: Pooled Separate Account $6,294
New World Fund John Hancock USA DFE: Pooled Separate Account $6,244
Diamond Hill Small-Mid Cap John Hancock USA DFE: Pooled Separate Account $6,220
Mfs Utilities Fund John Hancock USA DFE: Pooled Separate Account $5,618
Invesco International Growth John Hancock USA DFE: Pooled Separate Account $4,872
International Value Fund John Hancock USA DFE: Pooled Separate Account $4,628
Dfa Emerging Markets Value John Hancock USA DFE: Pooled Separate Account $4,613
Total Stock Market Index Fund John Hancock USA DFE: Pooled Separate Account $4,608
T. Rowe Price Retirement 2045 John Hancock USA DFE: Pooled Separate Account $3,150
Jh Managed Volatility Mod John Hancock USA DFE: Pooled Separate Account $2,507
Royce Opportunity John Hancock USA DFE: Pooled Separate Account $2,398
American Century Heritage John Hancock USA DFE: Pooled Separate Account $2,378
Fidelity Adv Leveraged Co Stk John Hancock USA DFE: Pooled Separate Account $2,355
T. Rowe Price Retirement 2040 John Hancock USA DFE: Pooled Separate Account $2,110
Jh Managed Volatility Bal John Hancock USA DFE: Pooled Separate Account $1,523
Jh Multi-Index Ls Aggressive John Hancock USA DFE: Pooled Separate Account $1,075
Fidelity Advisor Total Bond John Hancock USA DFE: Pooled Separate Account $549
John Hancock Bond Fund John Hancock USA DFE: Pooled Separate Account $410
T. Rowe Price Retirement 2030 John Hancock USA DFE: Pooled Separate Account $407
Strategic Income Opp Fund John Hancock USA DFE: Pooled Separate Account $388
Federated High Yield Bond John Hancock USA DFE: Pooled Separate Account $331
T. Rowe Price Short Term Bond John Hancock USA DFE: Pooled Separate Account $289
T. Rowe Price Sml Cap Val John Hancock USA DFE: Pooled Separate Account $223
Pimco All Asset John Hancock USA DFE: Pooled Separate Account $163
Pimco All Asset All Authority John Hancock USA DFE: Pooled Separate Account $0
Vanguard Value Index Fund John Hancock USA DFE: Pooled Separate Account $0
Vanguard Growth Index Fund John Hancock USA DFE: Pooled Separate Account $0
U.S. Growth Fund John Hancock USA DFE: Pooled Separate Account $0
Total $8,009,772

Insurance Information

Insurance Information

Insurance Carrier Summary Persons Covered
John Hancock Life Insurance Company USA 143
EIN 01-0233346
Industry Code 65838
Contract Number 97237
Contract Year 01/01/2019 — 12/31/2019
Value in General Account at Year End $0
Value in Separate Accounts at Year End $8,009,776
Insurance Fees and Commissions $36,030
Persons Receiving Commissions and Fees
Agent/Broker Organization Code Commissions Paid Fees Paid Purpose of Fees Paid
Cadaret, Grant, & Co. Inc Investment Company/Mutual Fund $31,951 $0
The Pension Center of Florida Inc 6108 Village Oaks Drive Pensacola, FL 32504 Third Party Administrator $0 $3,909 TPA COMPENSATION
Saltmarsh, Cleaveland & Gund Po Drawer 13207 Pensacola, FL 32591 Third Party Administrator $0 $170 TPA COMPENSATION
Allocated Funds
Type of Contract Unspecified
Basis of premium rates
Premiums paid to carrier $0
Premiums due but unpaid at the end of the year $0
If the carrier, service, or other organization incurred any specific costs in connection with the acquisition or retention of the contract or policy, enter amount $0
Specify the nature of the costs
Unallocated Funds
Type of Contract Unspecified
Balance at the end of the previous year $0
Additions $0
Contributions Deposited during the year $0
Dividends and credits $0
Interest credited during the year $0
Transferred from separate account $0
Other $0
Total of Balance and Additions $0
Deductions $0
Disbursed from fund to pay benefits or purchase annuities during the year $0
Administration charge made by carrier $0
Transferred to Separate Account $0
Other $0
Balance at the end of the current year $0