Retirement plan

TROPHY AUTOMOTIVE DEALER GROUP LLC 401(K) PLAN

Name: TROPHY AUTOMOTIVE DEALER GROUP LLC - TROPHY AUTOMOTIVE DEALER GROUP LLC 401(K) PLAN (2024) Form 5500
Creator: TROPHY AUTOMOTIVE DEALER GROUP LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TROPHY AUTOMOTIVE DEALER GROUP LLC 401(K) PLAN, TROPHY AUTOMOTIVE DEALER GROUP LLC

TROPHY AUTOMOTIVE DEALER GROUP LLCEIN 46-4311653Plan #001PY 2024

16721 VENTURA BLVD - ENCINO, CA 91436747-231-5720tadg.usLinkedIn11-50 employeesautomotive

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$14.4M

+7.0% from 2023

Total participants

592

+2.2% from 2023

Average account balance

$63,237

+12.1% from 2023

Annual return

13.47%

-4.01 pp from 2023

Benchmarks

See 1,308 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,308 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.42M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

228

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.

28.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

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

+13.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$48

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 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC4 years Service code 99 · EIN 22-3570392	Other Fees	$25,358
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491	Advisory (Participants)	$6,061
PREMIER PLAN CONSULTANTS1 year Filed as: PREMIER PLAN CONSULTANTS, INC Service code 49 6215 FERRIS SQ STE 125 · SAN DIEGO, CA 92121	Other Services	$5,154

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$11K

$21 / participant

Investment mgmt$6K55.6%
Contract admin$4K35.3%
Other / not subdivided$1K9.2%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: LEMAS & ASSOCIATES
Auditor EIN: 330744998
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,237

$54,193+16.7%

$93,654-32.5%

$77,671-18.6%

Participation rate

28.8%

63.9%-35.2pp

68.7%-40.0pp

70.6%-41.8pp

Annual return

13.47%

30.54%-17.1pp

133.34%-119.9pp

31.21%-17.7pp

Employer contribution / active EE

$1,168-100.0%

$2,421-100.0%

$2,726-100.0%

Participant deferral / active EE

$1,983

$3,144-36.9%

$4,413-55.1%

$4,648-57.3%

Admin fee / account holder

$48

$576-91.7%

$8,282-99.4%

$430-88.9%

Provider

Service type

Compensation

MMA SECURITIES LLC4 years

Service code 99 · EIN 22-3570392

Other Fees

$25,358

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA RETIREMENT ADVISORS, LLC

Service code 26 · EIN 02-0488491

Advisory (Participants)

$6,061

PREMIER PLAN CONSULTANTS1 year

Filed as: PREMIER PLAN CONSULTANTS, INC

Service code 49

6215 FERRIS SQ STE 125 · SAN DIEGO, CA 92121

Other Services

$5,154

TROPHY AUTOMOTIVE DEALER GROUP LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TROPHY AUTOMOTIVE DEALER GROUP LLC 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