Retirement plan

MARTIN'S AUTO CARE, INC. 401(K) PLAN

Name: MARTIN'S AUTO CARE, INC. - MARTIN'S AUTO CARE, INC. 401(K) PLAN (2020) Form 5500
Creator: MARTIN'S AUTO CARE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MARTIN'S AUTO CARE, INC. 401(K) PLAN, MARTIN'S AUTO CARE, INC.

MARTIN'S AUTO CARE, INC.EIN 20-4448757Plan #001PY 2020

1510 WASHINGTON AVE. - VINCENNES, IN 47591812-882-5588

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$380K

+35.1% from 2019

Total participants

+22.2% from 2019

Average account balance

$47,533

+35.1% from 2019

Annual return

14.75%

-15.98 pp from 2019

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$888K

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

75.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$64K

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

+16.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1425

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 codes2E2F2G2J3D

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

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

$47,533

$100,911-52.9%

$90,440-47.4%

$158,966-70.1%

Participation rate

70.0%

75.0%-5.0pp

72.7%-2.7pp

82.0%-12.0pp

Annual return

14.75%

1726.62%-1711.9pp

1294.38%-1279.6pp

302.95%-288.2pp

Employer contribution / active EE

$1,401

$3,690-62.0%

$3,263-57.1%

$4,762-70.6%

Participant deferral / active EE

$4,319

$4,348-0.7%

$3,964+9.0%

$5,983-27.8%

Admin fee / account holder

$6,507-100.0%

$5,615-100.0%

$11,250-100.0%

MARTIN'S AUTO CARE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

MARTIN'S AUTO CARE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion