Retirement plan

BEAU TOWNSEND FORD, INC. 401(K) PLAN

Name: BEAU TOWNSEND FORD, INC. - BEAU TOWNSEND FORD, INC. 401(K) PLAN (2017) Form 5500
Creator: BEAU TOWNSEND FORD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEAU TOWNSEND FORD, INC. 401(K) PLAN, BEAU TOWNSEND FORD, INC.

BEAU TOWNSEND FORD, INC.EIN 31-0876107Plan #001PY 2017

1020 WEST NATIONAL RD., P.O. BOX 5053 - VANDALIA, OH 453770244937-898-5841beautownsendford.comLinkedIn1-10 employeeseducation management

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$6.8M

+15.9% from 2016

Total participants

206

-0.5% from 2016

Average account balance

$56,292

+14.0% from 2016

Annual return

14.18%

+10.36 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.18M

Not enough data

1 years with asset history on file

Average account balance

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

$87K

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.

106

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.

35.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$740K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+9.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$385

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
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$52,964
WELLS FARGO BANK, N.A.2 years Filed as: WELLS FARGO ADVISORS, LLC Service code 26 401 S TRYON STREET, 19TH FL · CHARLOTTE, NC 282881207	Advisory (Participants)	$15,610
TRINITY PENSION CONSULTANTS2 years Service code 14 202 MONTROSE W AVE · AKRON, OH 44321	Plan Administrator	$8,132

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

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).

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: BRESSLER & COMPANY, PSC
Auditor EIN: 452991713
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$56,292

$51,466+9.4%

$78,778-28.5%

$62,293-9.6%

Participation rate

49.7%

59.8%-10.1pp

69.2%-19.5pp

69.5%-19.8pp

Annual return

14.18%

19.96%-5.8pp

35.62%-21.4pp

28.90%-14.7pp

Employer contribution / active EE

$296

$827-64.2%

$1,986-85.1%

$2,042-85.5%

Participant deferral / active EE

$1,859

$2,147-13.4%

$2,958-37.2%

$3,169-41.3%

Admin fee / account holder

$489-100.0%

$5,134-100.0%

$479-100.0%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$52,964

WELLS FARGO BANK, N.A.2 years

Filed as: WELLS FARGO ADVISORS, LLC

Service code 26

401 S TRYON STREET, 19TH FL · CHARLOTTE, NC 282881207

Advisory (Participants)

$15,610

TRINITY PENSION CONSULTANTS2 years

Service code 14

202 MONTROSE W AVE · AKRON, OH 44321

Plan Administrator

$8,132

BEAU TOWNSEND FORD, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BEAU TOWNSEND FORD, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion