Retirement plan

SHULTS AUTO GROUP 401(K) PLAN

Name: ED SHULTS CHEVROLET, INC. - SHULTS AUTO GROUP 401(K) PLAN (2017) Form 5500
Creator: ED SHULTS CHEVROLET, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHULTS AUTO GROUP 401(K) PLAN, ED SHULTS CHEVROLET, INC.

ED SHULTS CHEVROLET, INC.EIN 16-1169076Plan #002PY 2017

300 FLUVANNA AVENUE - JAMESTOWN, NY 14701716-484-7151shultschevy.comLinkedIn51-200 employeesretail

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.9M

No prior year

Total participants

173

No prior year

Average account balance

$57,096

No prior year

Annual return

107.39%

No prior year

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.35M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

156

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.

70.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$576K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$30

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 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Contract Administrator	$44,931
LEGEND EQUITIES CORPORATION1+ years Filed as: LEGEND EQUITIES CORP. Service code 33	Securities brokerage	$24,977
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE, INC. Service code 15 270 NORTHPOINTE PKWY SUITE 10 · AMHERST, NY 142281897	Recordkeeping	$6,693
PENSION ASSURANCE LLP1+ years Filed as: THE PENSION SERVICE INC Service code 15	Recordkeeping	$2,534
LEGEND EQUITIES CORPORATION1+ years Filed as: LEGEND EQUITIES CORP Service code 33 4600 EAST PARK DR. SUITE 300 · PALM BEACH GARDENS, FL 33410	Securities brokerage	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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.
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

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

$15 / participant

Contract admin$43920.4%
Other / not subdivided$2K79.6%

% of EOY assets

0.031%

all-in expense ratio

Categories reported

1 / 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: BUFFAMANTE WHIPPLE BUTTAFARO P.C.
Auditor EIN: 161117932
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,096

$51,466+10.9%

$78,778-27.5%

$62,293-8.3%

Participation rate

63.9%

59.8%+4.2pp

69.2%-5.2pp

69.5%-5.6pp

Annual return

107.39%

19.96%+87.4pp

35.62%+71.8pp

28.90%+78.5pp

Employer contribution / active EE

$270

$827-67.4%

$1,986-86.4%

$2,042-86.8%

Participant deferral / active EE

$1,305

$2,147-39.2%

$2,958-55.9%

$3,169-58.8%

Admin fee / account holder

$18

$489-96.3%

$5,134-99.7%

$479-96.3%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 13

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Contract Administrator

$44,931

LEGEND EQUITIES CORPORATION1+ years

Filed as: LEGEND EQUITIES CORP.

Service code 33

Securities brokerage

$24,977

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE, INC.

Service code 15

270 NORTHPOINTE PKWY SUITE 10 · AMHERST, NY 142281897

Recordkeeping

$6,693

PENSION ASSURANCE LLP1+ years

Filed as: THE PENSION SERVICE INC

Service code 15

Recordkeeping

$2,534

LEGEND EQUITIES CORPORATION1+ years

Filed as: LEGEND EQUITIES CORP

Service code 33

4600 EAST PARK DR. SUITE 300 · PALM BEACH GARDENS, FL 33410

Securities brokerage

SHULTS AUTO GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHULTS AUTO GROUP 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