Retirement plan

MIDWAY FORD TRUCK CENTER INC. 401(K) PLAN

Name: MIDWAY FORD TRUCK CENTER INC. - MIDWAY FORD TRUCK CENTER INC. 401(K) PLAN (2017) 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 2017

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

Other plans on this EIN

1 filing

#002Retirement-$23.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.3M

+6.0% from 2016

Total participants

225

-1.3% from 2016

Average account balance

$68,778

-1.6% from 2016

Annual return

14.97%

+6.28 pp from 2016

Benchmarks

See 2,371 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,371 peers

Snapshot2017

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
UBS FINANCIAL SERVICES INC3+ years Service code 55 · EIN 13-2638166	Other Commissions	$25,523
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	$275

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

$275

$1 / participant

Other / not subdivided$275100.0%

% of EOY assets

0.002%

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

$68,778

$71,192-3.4%

$117,861-41.6%

$62,293+10.4%

Participation rate

99.1%

74.2%+24.8pp

79.7%+19.4pp

69.5%+29.5pp

Annual return

14.97%

18.66%-3.7pp

335.11%-320.1pp

28.90%-13.9pp

Employer contribution / active EE

$1,934-100.0%

$3,786-100.0%

$2,042-100.0%

Participant deferral / active EE

$3,867

$3,189+21.3%

$4,482-13.7%

$3,169+22.0%

Admin fee / account holder

$587-99.8%

$8,021-100.0%

$479-99.7%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC3+ years

Service code 55 · EIN 13-2638166

Other Commissions

$25,523

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

$275

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