Retirement plan

JOHN'S FOREIGN CAR SERVICE, INC. PROFIT SHARING PLAN

Name: JOHN'S FOREIGN CAR SERVICE, INC. - JOHN'S FOREIGN CAR SERVICE, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: JOHN'S FOREIGN CAR SERVICE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN'S FOREIGN CAR SERVICE, INC. PROFIT SHARING PLAN, JOHN'S FOREIGN CAR SERVICE, INC.

JOHN'S FOREIGN CAR SERVICE, INC.EIN 04-2631713Plan #001PY 2020

31 NEW SALEM ST. - WAKEFIELD, MA 01880617-246-0959

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$442K

+15.2% from 2019

Total participants

+250.0% from 2019

Average account balance

$220,831

+15.2% from 2019

Annual return

8.89%

+22.88 pp from 2019

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$805K

Not enough data

1 years with asset history on file

Average account balance

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

$403K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+9.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$423

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$220,831

$100,911+118.8%

$90,440+144.2%

$158,966+38.9%

Participation rate

0.0%

75.0%-75.0pp

72.7%-72.7pp

82.0%-82.0pp

Annual return

8.89%

1726.62%-1717.7pp

1294.38%-1285.5pp

302.95%-294.1pp

Employer contribution / active EE

$3,690-100.0%

$3,263-100.0%

$4,762-100.0%

Participant deferral / active EE

$12,100

$4,348+178.3%

$3,964+205.3%

$5,983+102.2%

Admin fee / account holder

$6,507-100.0%

$5,615-100.0%

$11,250-100.0%

JOHN'S FOREIGN CAR SERVICE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

JOHN'S FOREIGN CAR SERVICE, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion