Retirement plan

DELANEY AUTO GROUP EMPLOYEES SAVINGS PLAN

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

DELANEY CHEVROLET, INC.EIN 25-1216891Plan #002PY 2016

626 WATER ST - INDIANA, PA 157011811724-349-3000delaneychevrolet.comLinkedIn201-500 employeesretail

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$6.4M

+17.6% from 2015

Total participants

226

-3.8% from 2015

Average account balance

$67,150

+2.9% from 2015

Annual return

12.61%

+17.39 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

$14.06M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

282

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.

74.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.68M

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

+13.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$207

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
S & T WEALTH TRUST2+ years Filed as: S&T WEALTH TRUST Service code 21 · EIN 25-1607533 800 PHILADELPHIA STREET · INDIANA, PA 15701	Bank Trustee	$39,417
AMERICAN REALTY ADVISORS2+ years Filed as: AMERICAN PENSION BENEFITS Service code 15 · EIN 25-1722805 115 VIP DRIVE · WEXFORD, PA 15090	Recordkeeping	$19,415

Plan features & details

Pension benefit codes2G2E2J2K3D3H2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$55K

$258 / participant

Investment mgmt$39K71.7%
Contract admin$16K28.3%

% of EOY assets

0.852%

all-in expense ratio

Categories reported

2 / 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: SMITH LEWIS CHESS & COMPANY, LLP
Auditor EIN: 251585317
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$67,150

$42,546+57.8%

$71,796-6.5%

$55,167+21.7%

Participation rate

39.0%

59.1%-20.2pp

69.1%-30.1pp

69.0%-30.0pp

Annual return

12.61%

12.36%+0.2pp

78.04%-65.4pp

169.23%-156.6pp

Employer contribution / active EE

$702

$803-12.6%

$1,924-63.5%

$1,963-64.2%

Participant deferral / active EE

$1,756

$2,064-14.9%

$2,794-37.2%

$3,054-42.5%

Admin fee / account holder

$572

$650-11.9%

$4,815-88.1%

$504+13.6%

Provider

Service type

Compensation

S & T WEALTH TRUST2+ years

Filed as: S&T WEALTH TRUST

Service code 21 · EIN 25-1607533

800 PHILADELPHIA STREET · INDIANA, PA 15701

Bank Trustee

$39,417

AMERICAN REALTY ADVISORS2+ years

Filed as: AMERICAN PENSION BENEFITS

Service code 15 · EIN 25-1722805

115 VIP DRIVE · WEXFORD, PA 15090

Recordkeeping

$19,415

DELANEY AUTO GROUP EMPLOYEES SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DELANEY AUTO GROUP EMPLOYEES 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