Retirement plan

WOODHOUSE AUTO FAMILY 401(K) PLAN

Name: WOODHOUSE FORD, INC. - WOODHOUSE AUTO FAMILY 401(K) PLAN (2024) Form 5500
Creator: WOODHOUSE FORD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOODHOUSE AUTO FAMILY 401(K) PLAN, WOODHOUSE FORD, INC.

WOODHOUSE FORD, INC.EIN 47-0565206Plan #001PY 2024

12325 EMMET ST. - OMAHA, NE 68164402-315-3000woodhouseford.comLinkedIn1001-5000 employeesretail

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$95.7M

+14.2% from 2023

Total participants

1,660

+12.1% from 2023

Average account balance

$62,826

+0.9% from 2023

Annual return

14.16%

-7.07 pp from 2023

Benchmarks

See 391 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort391 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$95.75M

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.

1,524

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.

90.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+14.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$133

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 5 by compensation

Provider	Service type	Compensation
UNITED OF OMAHA1 year Filed as: MUTUAL OF OMAHA INVESTOR SERVICES, Service code 27 3300 MUTUAL OF OMAHA PLAZA · OMAHA, NE 68175	Advisory (Plan)	$78,162
EIDE BAILLY LLP2 years Filed as: EIDE BAILLY CPAS AND ADVISORS Service code 10 18081 BURT ST · OMAHA, NE 680224722	Accounting	$59,475
ASCENSUS LLC1 year Service code 37 · EIN 11-3665754	Loan Processing	$37,359
UNITED OF OMAHA10+ years Service code 15 · EIN 47-0322111	Recordkeeping	$21,195
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW Service code 27 · EIN 36-3429599	Advisory (Plan)	$7,158

Plan features & details

Pension benefit codes2S2E3D2G2J2K2F2T3H

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

2 tripped

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).

Expense breakdown

Schedule H Part II

Admin total

$203K

$146 / participant

Investment mgmt$85K42.0%
Contract admin$59K28.8%
Other / not subdivided$59K29.2%

% of EOY assets

0.212%

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: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: $59,475
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,826

$48,744+28.9%

$93,727-33.0%

$200,096-68.6%

Participation rate

90.3%

63.7%+26.6pp

68.7%+21.5pp

72.0%+18.2pp

Annual return

14.16%

15.36%-1.2pp

133.83%-119.7pp

34.26%-20.1pp

Employer contribution / active EE

$1,709

$1,140+49.8%

$2,421-29.4%

$3,038-43.8%

Participant deferral / active EE

$4,969

$2,825+75.9%

$4,417+12.5%

$5,090-2.4%

Admin fee / account holder

$133

$195-31.6%

$8,292-98.4%

$269-50.5%

Provider

Service type

Compensation

UNITED OF OMAHA1 year

Filed as: MUTUAL OF OMAHA INVESTOR SERVICES,

Service code 27

3300 MUTUAL OF OMAHA PLAZA · OMAHA, NE 68175

Advisory (Plan)

$78,162

EIDE BAILLY LLP2 years

Filed as: EIDE BAILLY CPAS AND ADVISORS

Service code 10

18081 BURT ST · OMAHA, NE 680224722

Accounting

$59,475

ASCENSUS LLC1 year

Service code 37 · EIN 11-3665754

Loan Processing

$37,359

UNITED OF OMAHA10+ years

Service code 15 · EIN 47-0322111

Recordkeeping

$21,195

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW

Service code 27 · EIN 36-3429599

Advisory (Plan)

$7,158

WOODHOUSE AUTO FAMILY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOODHOUSE AUTO FAMILY 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