Retirement plan

OURISMAN COMPANIES 401K PLAN

Name: OURISMAN CHEVROLET CO. INC. - OURISMAN COMPANIES 401K PLAN (2018) Form 5500
Creator: OURISMAN CHEVROLET CO. INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, OURISMAN COMPANIES 401K PLAN, OURISMAN CHEVROLET CO. INC.

OURISMAN CHEVROLET CO. INC.EIN 52-0781971Plan #001PY 2018

4400 BRANCH AVE - MARLOW HEIGHTS, MD 20748301-423-4000ourismanchevrolet.comLinkedIn501-1000 employeesretail

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$13.6M

-10.1% from 2017

Total participants

564

-7.1% from 2017

Average account balance

$57,491

-1.0% from 2017

Annual return

-5.87%

-21.07 pp from 2017

Benchmarks

See 1,272 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,272 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$26.96M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

223

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.

22.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.74M

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

+17.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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
GLOBAL RETIREMENT PARTNERS LLC1 year Filed as: GLOBAL RETIREMENT PARTNERS Service code 16 · EIN 47-1411118	Consulting	$15,823
AMERICAN UNITED LIFE INSURANCE CO4+ years Service code 15 · EIN 35-0145825	Recordkeeping	$2,102

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$4 / participant

Contract admin$2K100.0%

% of EOY assets

0.015%

all-in expense ratio

Categories reported

1 / 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: WEGLEYHIGGINBOTHAM AND ASSOC PLC
Auditor EIN: 260776291
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$57,491

$35,485+62.0%

$74,551-22.9%

$55,725+3.2%

Participation rate

34.5%

62.5%-28.0pp

69.1%-34.6pp

70.9%-36.3pp

Annual return

-5.87%

0.72%-6.6pp

32.53%-38.4pp

244.93%-250.8pp

Employer contribution / active EE

$189

$777-75.7%

$1,961-90.4%

$2,078-90.9%

Participant deferral / active EE

$2,061

$2,181-5.5%

$3,108-33.7%

$3,356-38.6%

Admin fee / account holder

$114-92.2%

$5,059-99.8%

$115-92.3%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC1 year

Filed as: GLOBAL RETIREMENT PARTNERS

Service code 16 · EIN 47-1411118

Consulting

$15,823

AMERICAN UNITED LIFE INSURANCE CO4+ years

Service code 15 · EIN 35-0145825

Recordkeeping

$2,102

OURISMAN COMPANIES 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

OURISMAN COMPANIES 401K 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