Retirement plan

BOB'S AUTO SERVICE, INC. SIMPLE 401 K PLAN

Name: BOB'S AUTO SERVICE, INC - BOB'S AUTO SERVICE, INC. SIMPLE 401 K PLAN (2018) Form 5500
Creator: BOB'S AUTO SERVICE, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BOB'S AUTO SERVICE, INC. SIMPLE 401 K PLAN, BOB'S AUTO SERVICE, INC

BOB'S AUTO SERVICE, INCEIN 35-1548269Plan #009PY 2018

5212 W. STATE ROAD 56 - JASPER, IN 47546812-482-7616

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$843K

-27.0% from 2017

Total participants

-16.7% from 2017

Average account balance

$168,592

-12.4% from 2017

Annual return

-2.91%

-15.78 pp from 2017

Benchmarks

See 33,727 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort33,727 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.46M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$80K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+13.58%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1279

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 codes2J

Plan features

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.

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

$348K

$87056 / participant

Other / not subdivided$348K100.0%

% of EOY assets

41.310%

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

$168,592

$90,606+86.1%

$79,466+112.2%

$135,379+24.5%

Participation rate

100.0%

76.0%+24.0pp

73.3%+26.7pp

82.6%+17.4pp

Annual return

-2.91%

977.69%-980.6pp

718.28%-721.2pp

519.79%-522.7pp

Employer contribution / active EE

$2,586

$3,068-15.7%

$2,800-7.6%

$4,779-45.9%

Participant deferral / active EE

$12,571

$4,050+210.4%

$3,704+239.4%

$5,609+124.1%

Admin fee / account holder

$69,645

$5,895+1081.5%

$5,104+1264.5%

$10,828+543.2%

BOB'S AUTO SERVICE, INC. SIMPLE 401 K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BOB'S AUTO SERVICE, INC. SIMPLE 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