Retirement plan

ED NAPLETON DEALERSHIP GROUP 401(K) PLAN

Name: ED NAPLETON OAK LAWN IMPORTS, INC. - ED NAPLETON DEALERSHIP GROUP 401(K) PLAN (2022) Form 5500
Creator: ED NAPLETON OAK LAWN IMPORTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ED NAPLETON DEALERSHIP GROUP 401(K) PLAN, ED NAPLETON OAK LAWN IMPORTS, INC.

ED NAPLETON OAK LAWN IMPORTS, INC.EIN 36-3480707Plan #001PY 2022

1 OAKBROOK TERRACE, SUITE 600 - OAKBROOK TERRACE, IL 60181630-530-3955

Other plans on this EIN

1 filing

#002Retirement-$2.5M assets

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$34.2M

-8.3% from 2021

Total participants

2,691

+8.9% from 2021

Average account balance

$19,498

-58.1% from 2021

Annual return

-13.71%

-32.87 pp from 2021

Benchmarks

See 367 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort367 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.80M

Not enough data

1 years with asset history on file

Average account balance

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

$24K

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.

1,939

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.

84.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.03M

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

+13.96%

Not enough data

1 years with return on file

Admin fee / account holder

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

$141

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

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Service providers

Top 6 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC3 years Filed as: MMA SECURITIES, LLC Service code 27 PO BOX 9496 · NEW YORK, NY 10087	Advisory (Plan)	$72,939
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$38,903
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	$34,280
COMPASS 360, LLC1 year Filed as: COMPASS RETIREMENT CONSULTING GROUP Service code 13 118 PORTSMOUTH AVE STE D201 · STRATHAM, NH 03885	Contract Administrator	$16,375
COMPASS 360, LLC1 year Filed as: COMPASS 360 Service code 13 118 PORTSMOUTH AVE STE A2 · STARTHAM, NH 03885	Contract Administrator	$2,025
QDRO CONSULTANTS COMPANY, LLC1 year Service code 99 3071 PEARL ROAD · MEDINA, OH 44256	Other Fees	$400

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 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).

Expense breakdown

Schedule H Part II

Admin total

$141K

$56 / participant

Other / not subdivided$141K100.0%

% of EOY assets

0.411%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CASSELL PLAN AUDITS
Auditor EIN: 462966358
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,498

$39,973-51.2%

$79,576-75.5%

$77,906-75.0%

Participation rate

63.0%

64.6%-1.6pp

69.5%-6.5pp

73.7%-10.7pp

Annual return

-13.71%

3.42%-17.1pp

0.15%-13.9pp

12.16%-25.9pp

Employer contribution / active EE

$1,088-100.0%

$2,413-100.0%

$2,846-100.0%

Participant deferral / active EE

$2,766

$2,774-0.3%

$3,985-30.6%

$4,805-42.4%

Admin fee / account holder

$80

$113-29.0%

$6,834-98.8%

$133-39.6%

Provider

Service type

Compensation

MMA SECURITIES LLC3 years

Filed as: MMA SECURITIES, LLC

Service code 27

PO BOX 9496 · NEW YORK, NY 10087

Advisory (Plan)

$72,939

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$38,903

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

$34,280

COMPASS 360, LLC1 year

Filed as: COMPASS RETIREMENT CONSULTING GROUP

Service code 13

118 PORTSMOUTH AVE STE D201 · STRATHAM, NH 03885

Contract Administrator

$16,375

COMPASS 360, LLC1 year

Filed as: COMPASS 360

Service code 13

118 PORTSMOUTH AVE STE A2 · STARTHAM, NH 03885

Contract Administrator

$2,025

QDRO CONSULTANTS COMPANY, LLC1 year

Service code 99

3071 PEARL ROAD · MEDINA, OH 44256

Other Fees

$400

ED NAPLETON DEALERSHIP GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ED NAPLETON DEALERSHIP GROUP 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