Coastal Heating and Air Inc. 401(k) Retirement Plan

401(k) · DOL Form 5500 · 2024

What the Filing Says About Coastal Heating and Air Inc. 401(k) Retirement Plan

Coastal Heating and Air Inc. 401(k) Retirement Plan is a 401(k) retirement plan sponsored by East Coast Refrigeration and Air Inc., headquartered in North Carolina. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $676K in total end-of-year assets and covers 11 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 814504491, and the plan has been effective since 2016-08-23. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $541K at the beginning of 2024 to $676K at year-end - up 25.1%. Net assets (after liabilities) closed the year at $676K, with reported net income of $136K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years East Coast Refrigeration and Air Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $502K to $676K, a gain of 34.9%, while reported participants moved from 13 to 11 (-15.4%). The strongest year on file by total sponsor assets was 2024 at $676K; the softest was 2022 at $502K. Year-by-year, sponsor-wide filings show: 2022 - $502K in assets across 1 plan covering 13 participants; 2023 - $541K in assets across 1 plan covering 12 participants; 2024 - $676K in assets across 1 plan covering 11 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Coastal Heating and Air Inc. 401(k) Retirement Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.