Retirement plan

IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN

Name: IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN - IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN (2020) Form 5500
Creator: IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN, IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN

IMAX AUTO BODY SHOP, INC. RETIREMENT PLANEIN 46-1535057Plan #001PY 2020

508 MONTEREY PASS RD. UNIT #B - MONTEREY PARK, CA 91754626-281-3756LinkedIn1-10 employeesindividual & family services

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$30K

No prior year

Total participants

No prior year

Average account balance

$5,035

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 36,205 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,205 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$397K

Not enough data

1 years with asset history on file

Average account balance

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

$57K

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.

87.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$50K

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

+24.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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 codes2F2G2J3D

Plan features

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

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$90

$13 / participant

Other / not subdivided$90100.0%

% of EOY assets

0.298%

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

$5,035

$100,911-95.0%

$90,440-94.4%

$158,966-96.8%

Participation rate

85.7%

75.0%+10.7pp

72.7%+13.0pp

82.0%+3.8pp

Annual return

0.00%

1726.62%-1726.6pp

1294.38%-1294.4pp

302.95%-302.9pp

Employer contribution / active EE

$1,246

$3,690-66.2%

$3,263-61.8%

$4,762-73.8%

Participant deferral / active EE

$2,634

$4,348-39.4%

$3,964-33.6%

$5,983-56.0%

Admin fee / account holder

$15

$6,507-99.8%

$5,615-99.7%

$11,250-99.9%

IMAX AUTO BODY SHOP, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IMAX AUTO BODY SHOP, INC. 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