Retirement plan

REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN

Name: REINEKE FAMILY DEALERSHIPS, INC. - REINEKE FAMILY DEALERSHIPS, INC. 401(K) PLAN (2022) 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 2022

1360 GREELY CHAPEL ROAD - LIMA, OH 45804419-223-3711reinekefamilydealerships.comLinkedIn201-500 employeesautomotive

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$12.6M

-14.3% from 2021

Total participants

532

+14.4% from 2021

Average account balance

$27,553

-29.1% from 2021

Annual return

-23.10%

-38.02 pp from 2021

Benchmarks

See 1,277 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,277 peers

Snapshot2022

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
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$42,125
LPL FINANCIAL8+ years Service code 27 · EIN 95-2834236 P.O. BOX 502533 · SAN DIEGO, CA 921502533	Advisory (Plan)	$38,278
PENTEGRA SERVICES, INC.2 years Filed as: PENTEGRA SERVICES INC Service code 13 · EIN 13-3892096 5350 SEVENTY SEVEN CENTER DR · CHARLOTTE, NC 28217	Contract Administrator	$35,611

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 returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$110K

$305 / participant

Investment mgmt$110K100.0%

% of EOY assets

0.870%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,553

$42,367-35.0%

$79,576-65.4%

$64,814-57.5%

Participation rate

79.1%

64.7%+14.4pp

69.5%+9.6pp

71.5%+7.6pp

Annual return

-23.10%

-12.23%-10.9pp

0.15%-23.3pp

32.84%-55.9pp

Employer contribution / active EE

$408

$1,181-65.4%

$2,413-83.1%

$2,507-83.7%

Participant deferral / active EE

$4,114

$3,170+29.8%

$3,985+3.2%

$4,310-4.6%

Admin fee / account holder

$240

$160+50.2%

$6,834-96.5%

$188+27.6%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$42,125

LPL FINANCIAL8+ years

Service code 27 · EIN 95-2834236

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

Advisory (Plan)

$38,278

PENTEGRA SERVICES, INC.2 years

Filed as: PENTEGRA SERVICES INC

Service code 13 · EIN 13-3892096

5350 SEVENTY SEVEN CENTER DR · CHARLOTTE, NC 28217

Contract Administrator

$35,611

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