Retirement plan

MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN

Name: MALOUF BUICK-GMC, INC. - MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN (2016) Form 5500
Creator: MALOUF BUICK-GMC, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN, MALOUF BUICK-GMC, INC.

MALOUF BUICK-GMC, INC.EIN 22-2288990Plan #001PY 2016

ROUTE 1 COMMERCE BLVD. - NORTH BRUNSWICK, NJ 08902732-951-0300maloufbpg.comLinkedIn51-200 employeesautomotive

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.3M

+2.5% from 2015

Total participants

161

+3.9% from 2015

Average account balance

$79,214

+2.5% from 2015

Annual return

10.92%

+12.69 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.97M

Not enough data

1 years with asset history on file

Average account balance

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

$108K

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.

63.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$526K

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

+18.94%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12062

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 1 by compensation

Provider	Service type	Compensation
OLSSON & COMPANY CPAS2+ years Service code 99 · EIN 22-3342786 200 COTTONTAIL LANE STE A 105W · SOMERSET, NJ 08873	Other Fees	$14,859

Plan features & details

Pension benefit codes2E2J2F2G3D3H2T

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

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: ROSENBERG RICH BAKER BERMAN & COMPA
Auditor EIN: 223271252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$79,214

$42,546+86.2%

$71,796+10.3%

$55,167+43.6%

Participation rate

45.0%

59.1%-14.2pp

69.1%-24.1pp

69.0%-24.0pp

Annual return

10.92%

12.36%-1.4pp

78.04%-67.1pp

169.23%-158.3pp

Employer contribution / active EE

$803-100.0%

$1,924-100.0%

$1,963-100.0%

Participant deferral / active EE

$2,199

$2,064+6.5%

$2,794-21.3%

$3,054-28.0%

Admin fee / account holder

-$35

$650-105.4%

$4,815-100.7%

$504-106.9%

Provider

Service type

Compensation

OLSSON & COMPANY CPAS2+ years

Service code 99 · EIN 22-3342786

200 COTTONTAIL LANE STE A 105W · SOMERSET, NJ 08873

Other Fees

$14,859

MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MALOUF AUTO GROUP EMPLOYEE SAVINGS 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