Retirement plan

ALAN BYER AUTO SALES, INC. 401(K) SAVINGS PLAN

Name: ALAN BYER AUTO SALES, INC. - ALAN BYER AUTO SALES, INC. 401(K) SAVINGS PLAN (2016) Form 5500
Creator: ALAN BYER AUTO SALES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALAN BYER AUTO SALES, INC. 401(K) SAVINGS PLAN, ALAN BYER AUTO SALES, INC.

ALAN BYER AUTO SALES, INC.EIN 15-0610944Plan #002PY 2016

1230 WEST GENESEE STREET - SYRACUSE, NY 13204315-471-6107alanbyervolvo.comLinkedIn11-50 employeesautomotive

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$2.7M

+15.8% from 2015

Total participants

+10.5% from 2015

Average account balance

$53,484

+9.0% from 2015

Annual return

5.28%

+4.54 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.32M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

98.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$370K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+18.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14428

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 codes2E2F2J3D

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).
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$11K

$194 / participant

Other / not subdivided$11K100.0%

% of EOY assets

0.421%

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

$53,484

$48,364+10.6%

$71,796-25.5%

$62,881-14.9%

Participation rate

79.7%

60.6%+19.0pp

69.1%+10.5pp

69.3%+10.4pp

Annual return

5.28%

13.16%-7.9pp

78.04%-72.8pp

20.14%-14.9pp

Employer contribution / active EE

$762

$1,042-26.9%

$1,924-60.4%

$2,281-66.6%

Participant deferral / active EE

$3,627

$2,091+73.4%

$2,794+29.8%

$3,203+13.2%

Admin fee / account holder

$225

$3,771-94.0%

$4,815-95.3%

$4,296-94.8%

ALAN BYER AUTO SALES, INC. 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALAN BYER AUTO SALES, INC. 401(K) SAVINGS 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