Retirement plan

MERCEDES BENZ OF WILSONVILLE RETIREMENT PLAN

Name: SWICKARD CORP. - MERCEDES BENZ OF WILSONVILLE RETIREMENT PLAN (2020) Form 5500
Creator: SWICKARD CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MERCEDES BENZ OF WILSONVILLE RETIREMENT PLAN, SWICKARD CORP.

SWICKARD CORP.dba MERCEDES BENZEIN 45-3307099Plan #001PY 2020

25035 SW PARKWAY AVE - WILSONVILLE, OR 970709615503-454-3202

Prospect flagsLow participationRecently reached 100 employeesFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$15.2M

+416.8% from 2019

Total participants

947

+39.1% from 2019

Average account balance

$26,896

No prior year

Annual return

391.34%

+318.06 pp from 2019

Benchmarks

See 1,285 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,285 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$45.86M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

2,152

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.

66.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+26.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$139

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 10 of 22 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC3 years Filed as: T ROWE PRICE RPS, INC Service code 15 · EIN 52-1309931	Recordkeeping	$5,684
ALLIANCE PENSION CONSULTANTS, LLC2 years Filed as: ALLIANCE GLOBAL FUNDS Service code 28 · EIN 13-3191825	Investment Management	$0
AMERICAN REALTY ADVISORS3 years Filed as: AMERICAN BEACON FUNDS Service code 28 · EIN 75-2401150	Investment Management	$0
AMERICAN FUNDS1 year Service code 28 · EIN 95-1411037	Investment Management	$0
BLACKROCK2 years Filed as: BLACKROCK FUNDS Service code 28 · EIN 04-6171663	Investment Management	$0
BUFFALO FUNDS1 year Filed as: BUFFALO FUND Service code 28 · EIN 48-1069845	Investment Management	$0
COHEN & STEERS1 year Filed as: COHEN & STEERS FUNDS Service code 28 · EIN 14-1904657	Investment Management	$0
COLUMBIA3 years Filed as: COLUMBIA FUNDS Service code 28 · EIN 93-0577450	Investment Management	$0
DIAMOND HILL2 years Filed as: DIAMOND-HILL Service code 28 325 JOHN H. MCCONNELL BLVD · COLUMBUS, OH 43215	Investment Management	$0
DIMENSIONAL FUND ADVISORS2 years Filed as: DIMENSIONAL FUNDS Service code 28 · EIN 95-4470812	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H2S

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.
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

4 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).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$6K

$7 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.037%

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: HOFFMAN, STEWART & SCHMIDT, P.C.
Auditor EIN: 930743240
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,896

$64,286-58.2%

$90,965-70.4%

$73,412-63.4%

Participation rate

53.1%

63.6%-10.5pp

69.0%-15.9pp

72.2%-19.0pp

Annual return

391.34%

21.46%+369.9pp

134.57%+256.8pp

59.30%+332.0pp

Employer contribution / active EE

$895-100.0%

$2,122-100.0%

$2,234-100.0%

Participant deferral / active EE

$1,389

$2,453-43.4%

$3,373-58.8%

$3,806-63.5%

Admin fee / account holder

$10

$287-96.5%

$5,960-99.8%

$158-93.6%

Provider

Service type

Compensation

T ROWE PRICE RPS INC3 years

Filed as: T ROWE PRICE RPS, INC

Service code 15 · EIN 52-1309931

Recordkeeping

$5,684

ALLIANCE PENSION CONSULTANTS, LLC2 years

Filed as: ALLIANCE GLOBAL FUNDS

Service code 28 · EIN 13-3191825

Investment Management

AMERICAN REALTY ADVISORS3 years

Filed as: AMERICAN BEACON FUNDS

Service code 28 · EIN 75-2401150

Investment Management

AMERICAN FUNDS1 year

Service code 28 · EIN 95-1411037

Investment Management

BLACKROCK2 years

Filed as: BLACKROCK FUNDS

Service code 28 · EIN 04-6171663

Investment Management

BUFFALO FUNDS1 year

Filed as: BUFFALO FUND

Service code 28 · EIN 48-1069845

Investment Management

COHEN & STEERS1 year

Filed as: COHEN & STEERS FUNDS

Service code 28 · EIN 14-1904657

Investment Management

COLUMBIA3 years

Filed as: COLUMBIA FUNDS

Service code 28 · EIN 93-0577450

Investment Management

DIAMOND HILL2 years

Filed as: DIAMOND-HILL

Service code 28

325 JOHN H. MCCONNELL BLVD · COLUMBUS, OH 43215

Investment Management

DIMENSIONAL FUND ADVISORS2 years

Filed as: DIMENSIONAL FUNDS

Service code 28 · EIN 95-4470812

Investment Management

MERCEDES BENZ OF WILSONVILLE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MERCEDES BENZ OF WILSONVILLE 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