Retirement plan

QC AUTO SALES, INC. 401(K) PROFIT SHARING PLAN

Name: QC AUTO SALES, INC. DBA J.D. BYRIDER - QC AUTO SALES, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: QC AUTO SALES, INC. DBA J.D. BYRIDER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, QC AUTO SALES, INC. 401(K) PROFIT SHARING PLAN, QC AUTO SALES, INC. DBA J.D. BYRIDER

QC AUTO SALES, INC. DBA J.D. BYRIDEREIN 20-1144812Plan #001PY 2020

925 WEST KIMBERLY ROAD - DAVENPORT, IA 52806563-344-9222

Prospect flagsLow assets / participantRecently reached 100 employeesCorrective distributions

How to read this page

Total assets (EOY)

$2.4M

+33.1% from 2019

Total participants

143

+9.2% from 2019

Average account balance

$20,687

+5.8% from 2019

Annual return

16.90%

-6.47 pp from 2019

Benchmarks

See 2,198 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,198 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.34M

Not enough data

1 years with asset history on file

Average account balance

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

$34K

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$443K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 1 by compensation

Provider	Service type	Compensation
AMERICAN REALTY ADVISORS3 years Filed as: AMERICAN TRUST RETIREMENT Service code 15 · EIN 62-0951563 855 MAIN STREET · DUBUQUE, IA 52001	Recordkeeping	$4,713

Plan features & details

Pension benefit codes2F2G2J2K3D3H

Plan features

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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$6K

$53 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.236%

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: TOM ENGELMANN CPA
Auditor EIN: 261694987
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$20,687

$54,573-62.1%

$90,970-77.3%

$73,493-71.9%

Participation rate

75.7%

61.2%+14.5pp

69.0%+6.7pp

70.7%+5.0pp

Annual return

16.90%

16.69%+0.2pp

134.58%-117.7pp

28.51%-11.6pp

Employer contribution / active EE

$1,088

$991+9.8%

$2,122-48.7%

$2,270-52.1%

Participant deferral / active EE

$2,595

$2,517+3.1%

$3,373-23.1%

$3,740-30.6%

Admin fee / account holder

$49

$521-90.7%

$5,960-99.2%

$513-90.5%

Provider

Service type

Compensation

AMERICAN REALTY ADVISORS3 years

Filed as: AMERICAN TRUST RETIREMENT

Service code 15 · EIN 62-0951563

855 MAIN STREET · DUBUQUE, IA 52001

Recordkeeping

$4,713

QC AUTO SALES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

QC AUTO SALES, INC. 401(K) PROFIT SHARING 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