Retirement plan

AUTO INVESTMENT, INC. 401(K) PLAN

Name: AUTO INVESTMENT, INC. - AUTO INVESTMENT, INC. 401(K) PLAN (2019) Form 5500
Creator: AUTO INVESTMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUTO INVESTMENT, INC. 401(K) PLAN, AUTO INVESTMENT, INC.

AUTO INVESTMENT, INC.EIN 13-3446196Plan #004PY 2019

80 DRIVERS WAY - PELHAM, AL 35124205-271-2098LinkedIn1-10 employeesfinancial services

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.6M

+24.4% from 2018

Total participants

536

+28.5% from 2018

Average account balance

$35,144

+1.8% from 2018

Annual return

21.00%

+26.35 pp from 2018

Benchmarks

See 1,312 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,312 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.31M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

530

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.

94.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.60M

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

+11.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$402

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 4 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION1 year Filed as: LINCOLN FINANCIAL CORPORATION Service code 13 · EIN 35-0472300	Contract Administrator	$111,834
PINNACLE FINANCIAL SERVICES, INC.1 year Filed as: PINNACLE FINANCIAL SERVICES Service code 15 · EIN 59-2438373	Recordkeeping	$21,675
401K SAFE1 year Service code 31 · EIN 30-0753428	Named fiduciary	$8,478
LATTIMORE BLACK MORGAN AND CAIN1 year Filed as: LATTIMORE BLACK MORGAN Service code 27 · EIN 62-1199757	Advisory (Plan)	$5,000

Plan features & details

Pension benefit codes2E2F2G2K2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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 (shifting investment responsibility to participants).
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.
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 to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$128K

$373 / participant

Other / not subdivided$128K100.0%

% of EOY assets

0.771%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LBMC, PC
Auditor EIN: 621199757
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,144

$40,174-12.5%

$84,023-58.2%

$67,582-48.0%

Participation rate

81.3%

62.7%+18.7pp

69.0%+12.3pp

71.3%+10.1pp

Annual return

21.00%

25.82%-4.8pp

71.32%-50.3pp

378.57%-357.6pp

Employer contribution / active EE

$1,932

$808+139.3%

$1,984-2.6%

$2,148-10.0%

Participant deferral / active EE

$3,835

$2,301+66.7%

$3,239+18.4%

$3,539+8.4%

Admin fee / account holder

$271

$128+111.2%

$6,102-95.6%

$142+90.4%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Filed as: LINCOLN FINANCIAL CORPORATION

Service code 13 · EIN 35-0472300

Contract Administrator

$111,834

PINNACLE FINANCIAL SERVICES, INC.1 year

Filed as: PINNACLE FINANCIAL SERVICES

Service code 15 · EIN 59-2438373

Recordkeeping

$21,675

401K SAFE1 year

Service code 31 · EIN 30-0753428

Named fiduciary

$8,478

LATTIMORE BLACK MORGAN AND CAIN1 year

Filed as: LATTIMORE BLACK MORGAN

Service code 27 · EIN 62-1199757

Advisory (Plan)

$5,000

AUTO INVESTMENT, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUTO INVESTMENT, INC. 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