Retirement plan

1572872METRO CAR-O-LINER, INC. PROFIT SHARING PLAN

Name: METRO CAR-O-LINER, INC. - 1572872METRO CAR-O-LINER, INC. PROFIT SHARING PLAN (2020) Form 5500
Creator: METRO CAR-O-LINER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 1572872METRO CAR-O-LINER, INC. PROFIT SHARING PLAN, METRO CAR-O-LINER, INC.

METRO CAR-O-LINER, INC.EIN 22-2282598Plan #001PY 2020

300 ROUTE 17 SOUTH, SUITE F - MAHWAH, NJ 07430201-934-9787

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$1.6M

+36.5% from 2019

Total participants

+5.9% from 2019

Average account balance

$98,305

+10.9% from 2019

Annual return

15.36%

+7.46 pp from 2019

Benchmarks

See 36,228 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,228 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.34M

Not enough data

1 years with asset history on file

Average account balance

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

$146K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$336K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

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

-20.58%

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

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 codes2E2G3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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).

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

$98,305

$100,895-2.6%

$90,430+8.7%

$158,950-38.2%

Participation rate

88.2%

75.0%+13.2pp

72.7%+15.6pp

82.0%+6.3pp

Annual return

15.36%

1725.54%-1710.2pp

1293.73%-1278.4pp

302.91%-287.6pp

Employer contribution / active EE

$6,858

$3,689+85.9%

$3,262+110.2%

$4,762+44.0%

Participant deferral / active EE

$7,484

$4,347+72.2%

$3,963+88.9%

$5,983+25.1%

Admin fee / account holder

$6,505-100.0%

$5,613-100.0%

$11,248-100.0%

1572872METRO CAR-O-LINER, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

1572872METRO CAR-O-LINER, INC. PROFIT SHARING 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