Retirement plan

MIDWAY FORD TRUCK CENTER INC. 401(K) PLAN

Name: MIDWAY FORD TRUCK CENTER INC. - MIDWAY FORD TRUCK CENTER INC. 401(K) PLAN (2016) Form 5500
Creator: MIDWAY FORD TRUCK CENTER INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, MIDWAY FORD TRUCK CENTER INC. 401(K) PLAN, MIDWAY FORD TRUCK CENTER INC.

MIDWAY FORD TRUCK CENTER INC.EIN 48-0674662Plan #003PY 2016

7601 NE 38TH STREET - KANSAS CITY, MO 641619457816-455-3000midwayfordtruck.comLinkedIn201-500 employeesautomotive

Other plans on this EIN

1 filing

#002Retirement-$22.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$14.5M

+16.2% from 2015

Total participants

228

+4.1% from 2015

Average account balance

$69,905

+10.6% from 2015

Annual return

8.69%

+9.71 pp from 2015

Benchmarks

See 2,366 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,366 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.34M

Not enough data

1 years with asset history on file

Average account balance

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

$145K

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.

189

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.

91.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.59M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$408

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 60	Sub-TA Fees	$0
UBS FINANCIAL SERVICES INC2+ years Service code 61 · EIN 13-2638166	Finders' fees / placement fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3H

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.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$150

$1 / participant

Other / not subdivided$150100.0%

% of EOY assets

0.001%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: MILLER HAVILAND KETTER PC, PA
Auditor EIN: 489524351
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,905

$63,924+9.4%

$108,582-35.6%

$55,167+26.7%

Participation rate

90.5%

74.3%+16.2pp

79.6%+11.0pp

69.0%+21.6pp

Annual return

8.69%

15.31%-6.6pp

-51.70%+60.4pp

169.23%-160.5pp

Employer contribution / active EE

$2,440

$1,879+29.9%

$3,758-35.1%

$1,963+24.3%

Participant deferral / active EE

$3,791

$3,067+23.6%

$4,311-12.1%

$3,054+24.1%

Admin fee / account holder

$618-99.9%

$7,645-100.0%

$504-99.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 60

Sub-TA Fees

UBS FINANCIAL SERVICES INC2+ years

Service code 61 · EIN 13-2638166

Finders' fees / placement fees

MIDWAY FORD TRUCK CENTER INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

MIDWAY FORD TRUCK CENTER INC. 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