Retirement plan

PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC., 401(K) RETIREMENT PLAN

Name: PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC. - PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC., 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC., 401(K) RETIREMENT PLAN, PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC.

PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC.EIN 34-1112778Plan #002PY 2016

11 BROADWAY AVENUE - BEDFORD, OH 44146216-439-2323

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.4M

+9.2% from 2015

Total participants

+6.7% from 2015

Average account balance

$107,370

+2.4% from 2015

Annual return

5.81%

+4.43 pp from 2015

Benchmarks

See 9,492 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,492 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.15M

Not enough data

1 years with asset history on file

Average account balance

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

$162K

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.

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$272K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+8.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9712

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D

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.
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

1 tripped

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

$16K

$499 / participant

Other / not subdivided$16K100.0%

% of EOY assets

0.465%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$107,370

$48,364+122.0%

$71,796+49.5%

$62,881+70.8%

Participation rate

100.0%

60.6%+39.4pp

69.1%+30.9pp

69.3%+30.7pp

Annual return

5.81%

13.16%-7.4pp

78.04%-72.2pp

20.14%-14.3pp

Employer contribution / active EE

$737

$1,042-29.2%

$1,924-61.7%

$2,281-67.7%

Participant deferral / active EE

$3,146

$2,091+50.4%

$2,794+12.6%

$3,203-1.8%

Admin fee / account holder

$499

$3,771-86.8%

$4,815-89.6%

$4,296-88.4%

PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC., 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PARTNERS AUTOMOTIVE GRP OF BEDFORD, INC., 401(K) 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