Retirement plan

REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN

Name: REINEKE FAMILY DEALERSHIPS, INC. - REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN (2019) 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 2019

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

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$10.4M

+25.9% from 2018

Total participants

477

+2.1% from 2018

Average account balance

$32,606

+17.2% from 2018

Annual return

23.29%

+28.30 pp from 2018

Benchmarks

See 1,312 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,312 peers

Snapshot2019

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

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
PENTEGRA SERVICES, INC.5+ years Filed as: APS-PENTEGRA Service code 13 · EIN 13-3892096 6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004	Contract Administrator	$35,251
LPL FINANCIAL5+ years Service code 27 · EIN 95-2834236 P.O. BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$27,252
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: GREAT-WEST LIFE & ANNUITY INS Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$21,622

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$74K

$178 / participant

Contract admin$74K100.0%

% of EOY assets

0.709%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,606

$40,174-18.8%

$84,020-61.2%

$67,579-51.8%

Participation rate

61.5%

62.7%-1.2pp

69.0%-7.5pp

71.3%-9.8pp

Annual return

23.29%

25.82%-2.5pp

71.31%-48.0pp

378.56%-355.3pp

Employer contribution / active EE

$808-100.0%

$1,984-100.0%

$2,148-100.0%

Participant deferral / active EE

$1,866

$2,301-18.9%

$3,239-42.4%

$3,539-47.3%

Admin fee / account holder

$231

$128+80.3%

$6,101-96.2%

$142+62.6%

Provider

Service type

Compensation

PENTEGRA SERVICES, INC.5+ years

Filed as: APS-PENTEGRA

Service code 13 · EIN 13-3892096

6830 COMMERCE COURT DRIVE · BLACKLICK, OH 43004

Contract Administrator

$35,251

LPL FINANCIAL5+ years

Service code 27 · EIN 95-2834236

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

Advisory (Plan)

$27,252

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: GREAT-WEST LIFE & ANNUITY INS

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$21,622

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