Retirement plan

CONTE 401(K) PLAN

Name: PAUL CONTE CADILLAC INC. - CONTE 401(K) PLAN (2022) Form 5500
Creator: PAUL CONTE CADILLAC INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONTE 401(K) PLAN, PAUL CONTE CADILLAC INC.

PAUL CONTE CADILLAC INC.EIN 11-2497094Plan #001PY 2022

169 WEST SUNRISE HIGHWAY - FREEPORT, NY 11520516-378-1130contecadillac.comLinkedIn11-50 employeesautomotive

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$1.4M

-1.5% from 2021

Total participants

+14.3% from 2021

Average account balance

$81,702

-36.3% from 2021

Annual return

-17.02%

-27.19 pp from 2021

Benchmarks

See 21,416 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort21,416 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.99M

Not enough data

1 years with asset history on file

Average account balance

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

$166K

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.

69.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$238K

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

+17.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$757

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 codes2G2J3D

Plan features

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.
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

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

Expense breakdown

Schedule H Part II

Admin total

$2K

$102 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.161%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$81,702

$95,895-14.8%

$79,576+2.7%

$134,509-39.3%

Participation rate

68.2%

75.0%-6.9pp

69.5%-1.3pp

81.2%-13.0pp

Annual return

-17.02%

-2.72%-14.3pp

0.15%-17.2pp

418.13%-435.2pp

Employer contribution / active EE

$755

$3,128-75.9%

$2,413-68.7%

$4,741-84.1%

Participant deferral / active EE

$9,293

$4,693+98.0%

$3,985+133.2%

$6,400+45.2%

Admin fee / account holder

$132

$9,129-98.6%

$6,834-98.1%

$11,427-98.8%

CONTE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONTE 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