Retirement plan

MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN

Name: MALOUF BUICK-GMC, INC. - MALOUF AUTO GROUP EMPLOYEE SAVINGS PLAN (2018) 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 2018

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.9M

-14.5% from 2017

Total participants

160

+3.9% from 2017

Average account balance

$68,866

-15.5% from 2017

Annual return

-6.88%

-22.92 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.60M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

100

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.

70.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$535K

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

+13.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13102

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 3 by compensation

Provider	Service type	Compensation
WILSHIRE ASSOCIATES INCORPORATED1 year Filed as: WILSHIRE ASSOCIATES INC Service code 26 · EIN 95-2755361	Advisory (Participants)	$1,328
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$897
OLSSON & COMPANY CPAS4+ years Service code 99 · EIN 22-3342786 200 COTTONTAIL LANE STE A 105W · SOMERSET, NJ 08873	Other Fees	$1

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

Admin total

$2K

$17 / participant

Investment mgmt$2K100.0%

% of EOY assets

0.041%

all-in expense ratio

Categories reported

1 / 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: 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

$68,866

$42,548+61.9%

$74,549-7.6%

$56,287+22.3%

Participation rate

46.8%

60.5%-13.7pp

69.1%-22.3pp

69.9%-23.0pp

Annual return

-6.88%

12.40%-19.3pp

32.53%-39.4pp

-9.96%+3.1pp

Employer contribution / active EE

$855-100.0%

$1,961-100.0%

$2,111-100.0%

Participant deferral / active EE

$2,511

$2,277+10.3%

$3,108-19.2%

$3,350-25.0%

Admin fee / account holder

$28

$467-94.0%

$5,059-99.4%

$521-94.6%

Provider

Service type

Compensation

WILSHIRE ASSOCIATES INCORPORATED1 year

Filed as: WILSHIRE ASSOCIATES INC

Service code 26 · EIN 95-2755361

Advisory (Participants)

$1,328

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

$897

OLSSON & COMPANY CPAS4+ years

Service code 99 · EIN 22-3342786

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

Other Fees

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