Retirement plan

REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN

Name: REINEKE FAMILY DEALERSHIPS, INC. - REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN (2015) Form 5500
Creator: REINEKE FAMILY DEALERSHIPS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN, REINEKE FAMILY DEALERSHIPS, INC.

REINEKE FAMILY DEALERSHIPS, INC.EIN 26-3717042Plan #001PY 2015

1360 GREELY CHAPEL ROAD - LIMA, OH 45804419-223-3647reinekefamilydealerships.comLinkedIn201-500 employeesautomotive

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$6M

No prior year

Total participants

374

No prior year

Average account balance

$44,487

No prior year

Annual return

0.77%

No prior year

Benchmarks

See 1,098 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,098 peers

Snapshot2015

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$19.64M

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

346

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.

64.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

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

+17.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$396

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
NATIONWIDE1+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$28,186
LPL FINANCIAL1+ years Service code 52 P.O. BOX 502533 · SAN DIEGO, CA 921502533	Indirect Investment Fees	$17,102
PENTEGRA SERVICES, INC.1+ years Filed as: APS-PENTEGRA Service code 64 · EIN 13-3892096 6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004	Recordkeeping Fees	$13,702
ASCENSUS LLC1+ years Filed as: ASCENSUS, INC. Service code 15 · EIN 11-3665754 1102 CHESTNUT HILLS PARKWAY · FT. WAYNE, IN 46814	Recordkeeping	$1,750
TD AMERITRADE, INC.1+ years Filed as: TD AMERITRADE Service code 71 4211 S. 102ND STREET · OMAHA, NE 68127	Brokerage Fees	$40

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$61K

$170 / participant

Investment mgmt$15K25.4%
Contract admin$28K46.4%
Other / not subdivided$17K28.2%

% of EOY assets

1.012%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: FRUTH & COMPANY, PLL CPA'S
Auditor EIN: 341323165
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,487

$33,745+31.8%

$64,105-30.6%

$55,191-19.4%

Participation rate

33.2%

59.4%-26.1pp

68.2%-34.9pp

69.2%-35.9pp

Annual return

0.77%

4.95%-4.2pp

791.24%-790.5pp

10.78%-10.0pp

Employer contribution / active EE

$641-100.0%

$1,820-100.0%

$1,899-100.0%

Participant deferral / active EE

$1,493

$1,929-22.6%

$2,822-47.1%

$3,046-51.0%

Admin fee / account holder

$450

$94+377.2%

$4,499-90.0%

$91+395.9%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$28,186

LPL FINANCIAL1+ years

Service code 52

P.O. BOX 502533 · SAN DIEGO, CA 921502533

Indirect Investment Fees

$17,102

PENTEGRA SERVICES, INC.1+ years

Filed as: APS-PENTEGRA

Service code 64 · EIN 13-3892096

6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004

Recordkeeping Fees

$13,702

ASCENSUS LLC1+ years

Filed as: ASCENSUS, INC.

Service code 15 · EIN 11-3665754

1102 CHESTNUT HILLS PARKWAY · FT. WAYNE, IN 46814

Recordkeeping

$1,750

TD AMERITRADE, INC.1+ years

Filed as: TD AMERITRADE

Service code 71

4211 S. 102ND STREET · OMAHA, NE 68127

Brokerage Fees

$40

REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

REINEKE FAMILY DEALERSHIPS, INC. 401(K) 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