Retirement plan

TOYOTA OF OLYMPIA RETIREMENT PLAN

Name: ROTTER'S INC. DBA TOYOTA OF OLYMPIA - TOYOTA OF OLYMPIA RETIREMENT PLAN (2023) Form 5500
Creator: ROTTER'S INC. DBA TOYOTA OF OLYMPIA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOYOTA OF OLYMPIA RETIREMENT PLAN, ROTTER'S INC. DBA TOYOTA OF OLYMPIA

ROTTER'S INC. DBA TOYOTA OF OLYMPIAdba TOYOTA OF OLYMPIAEIN 30-0059055Plan #001PY 2023

6969 TYEE DR. SW - TUMWATER, WA 985127364360-539-3956

Prospect flagsLow participationFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$5.2M

+33.9% from 2022

Total participants

173

+3.6% from 2022

Average account balance

$41,886

+35.0% from 2022

Annual return

21.33%

+39.64 pp from 2022

Benchmarks

See 2,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,285 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.32M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

122

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.

66.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$530K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+18.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$131

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 5 by compensation

Provider	Service type	Compensation
NORTHWESTERN MUTUAL INVESTMENT SERV4 years Service code 49 · EIN 52-2114207	Other Services	$12,415
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$6,637
DEFINITI LLC1 year Filed as: DEFINITI, LLC Service code 13 · EIN 85-0833363	Contract Administrator	$5,219
WILSHIRE ASSOCIATES INCORPORATED6 years Filed as: WILLSHIRE ASSOCIATES INC Service code 27 · EIN 95-2755361	Advisory (Plan)	$0
WILSHIRE ASSOCIATES INCORPORATED2 years Filed as: WILSHIRE ADVISORS LLC Service code 27	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K2T3D

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$10K

$73 / participant

Contract admin$10K100.0%

% of EOY assets

0.188%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,886

$54,717-23.4%

$86,216-51.4%

$71,511-41.4%

Participation rate

63.2%

60.1%+3.1pp

69.0%-5.8pp

67.9%-4.8pp

Annual return

21.33%

20.07%+1.3pp

1169.42%-1148.1pp

28.86%-7.5pp

Employer contribution / active EE

$1,148

$1,267-9.4%

$2,382-51.8%

$2,589-55.7%

Participant deferral / active EE

$4,080

$3,110+31.2%

$3,986+2.4%

$4,291-4.9%

Admin fee / account holder

$79

$1,922-95.9%

$6,853-98.8%

$1,588-95.0%

Provider

Service type

Compensation

NORTHWESTERN MUTUAL INVESTMENT SERV4 years

Service code 49 · EIN 52-2114207

Other Services

$12,415

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$6,637

DEFINITI LLC1 year

Filed as: DEFINITI, LLC

Service code 13 · EIN 85-0833363

Contract Administrator

$5,219

WILSHIRE ASSOCIATES INCORPORATED6 years

Filed as: WILLSHIRE ASSOCIATES INC

Service code 27 · EIN 95-2755361

Advisory (Plan)

WILSHIRE ASSOCIATES INCORPORATED2 years

Filed as: WILSHIRE ADVISORS LLC

Service code 27

Advisory (Plan)

TOYOTA OF OLYMPIA RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOYOTA OF OLYMPIA RETIREMENT 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