Retirement plan

LANCASTER NISSAN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Name: LANCASTER NISSAN CORP. - LANCASTER NISSAN CORP. 401(K) PROFIT SHARING PLAN AND TRUST (2018) Form 5500
Creator: LANCASTER NISSAN CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LANCASTER NISSAN CORP. 401(K) PROFIT SHARING PLAN AND TRUST, LANCASTER NISSAN CORP.

LANCASTER NISSAN CORP.EIN 23-2591376Plan #001PY 2018

5340 MANHEIM PIKE - EAST PETERSBURG, PA 17520717-569-1333lancasternissan.netLinkedIn11-50 employeesautomotive

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.9M

-2.6% from 2017

Total participants

+6.8% from 2017

Average account balance

$53,921

-6.7% from 2017

Annual return

-8.10%

-28.12 pp from 2017

Benchmarks

See 9,413 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,413 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.42M

Not enough data

1 years with asset history on file

Average account balance

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

$102K

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.

128.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$286K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5566

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 codes2E2G2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$25K

$389 / participant

Other / not subdivided$25K100.0%

% of EOY assets

0.632%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$53,921

$50,947+5.8%

$74,551-27.7%

$64,173-16.0%

Participation rate

88.9%

61.1%+27.8pp

69.1%+19.7pp

69.6%+19.3pp

Annual return

-8.10%

-1.85%-6.2pp

32.53%-40.6pp

7.63%-15.7pp

Employer contribution / active EE

$418

$1,115-62.5%

$1,961-78.7%

$2,381-82.4%

Participant deferral / active EE

$3,437

$2,302+49.3%

$3,108+10.6%

$3,470-1.0%

Admin fee / account holder

$341

$4,221-91.9%

$5,059-93.3%

$4,887-93.0%

LANCASTER NISSAN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LANCASTER NISSAN CORP. 401(K) PROFIT SHARING PLAN AND TRUST

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