Retirement plan

CHILTON AUTO BODY 401(K) PLAN

Name: CHILTON AUTO BODY - CHILTON AUTO BODY 401(K) PLAN (2022) Form 5500
Creator: CHILTON AUTO BODY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHILTON AUTO BODY 401(K) PLAN, CHILTON AUTO BODY

CHILTON AUTO BODYEIN 20-0630206Plan #001PY 2022

361 QUARRY RD. - SAN CARLOS, CA 94070650-591-7700chiltonautobody.comLinkedIn51-200 employeesautomotive

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.9M

-8.9% from 2021

Total participants

190

+12.4% from 2021

Average account balance

$42,885

-17.8% from 2021

Annual return

-16.87%

-28.39 pp from 2021

Benchmarks

See 1,742 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,742 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.94M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

122

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.

51.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$819K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6112

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

Top 2 by compensation

Provider	Service type	Compensation
AMERITAS LIFE INSURANCE CORP4 years Service code 15 · EIN 47-0098400	Recordkeeping	$17,080
MESIROW FINANCIAL INVESTMENT MANAGE3 years Filed as: MESIROW FINANCIAL INV MGMT INC. Service code 27 · EIN 36-3429599	Advisory (Plan)	$189

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

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

$17K

$111 / participant

Investment mgmt$7404.3%
Other / not subdivided$17K95.7%

% of EOY assets

0.438%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SENSIBA LLP
Auditor EIN: 942370906
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,885

$51,226-16.3%

$82,744-48.2%

$66,938-35.9%

Participation rate

36.8%

67.9%-31.1pp

72.6%-35.8pp

69.8%-33.0pp

Annual return

-16.87%

-9.61%-7.3pp

702.22%-719.1pp

1.58%-18.4pp

Employer contribution / active EE

$1,253

$2,612-52.0%

$3,008-58.3%

$2,545-50.8%

Participant deferral / active EE

$2,225

$3,460-35.7%

$4,395-49.4%

$4,238-47.5%

Admin fee / account holder

$188

$416-54.8%

$5,325-96.5%

$594-68.4%

Provider

Service type

Compensation

AMERITAS LIFE INSURANCE CORP4 years

Service code 15 · EIN 47-0098400

Recordkeeping

$17,080

MESIROW FINANCIAL INVESTMENT MANAGE3 years

Filed as: MESIROW FINANCIAL INV MGMT INC.

Service code 27 · EIN 36-3429599

Advisory (Plan)

$189

CHILTON AUTO BODY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHILTON AUTO BODY 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