Retirement plan

EAST-WEST LINCOLN MERCURY, INC. SAVINGS & RETIREMENT PLAN & TRUST

Name: EAST-WEST LINCOLN MERCURY, INC. - EAST-WEST LINCOLN MERCURY, INC. SAVINGS & RETIREMENT PLAN & TRUST (2021) Form 5500
Creator: EAST-WEST LINCOLN MERCURY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EAST-WEST LINCOLN MERCURY, INC. SAVINGS & RETIREMENT PLAN & TRUST, EAST-WEST LINCOLN MERCURY, INC.

EAST-WEST LINCOLN MERCURY, INC.EIN 52-0896526Plan #010PY 2021

7591 ANNAPOLIS ROAD - NEW CARROLLTON, MD 20784301-459-1750eastwestlm.comLinkedIn11-50 employeesautomotive

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.8M

+12.5% from 2020

Total participants

-9.5% from 2020

Average account balance

$194,635

+16.3% from 2020

Annual return

12.68%

-5.34 pp from 2020

Benchmarks

See 9,332 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,332 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.79M

Not enough data

1 years with asset history on file

Average account balance

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

$398K

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.

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.

233.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$100K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+17.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$31572

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2G2J3D2T2F

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$172K

$5378 / participant

Other / not subdivided$172K100.0%

% of EOY assets

2.947%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$194,635

$70,418+176.4%

$96,570+101.5%

$85,847+126.7%

Participation rate

75.0%

61.8%+13.2pp

69.8%+5.2pp

69.3%+5.7pp

Annual return

12.68%

18.59%-5.9pp

37.79%-25.1pp

318.61%-305.9pp

Employer contribution / active EE

$768

$1,413-45.7%

$2,357-67.4%

$2,565-70.1%

Participant deferral / active EE

$4,364

$2,894+50.8%

$3,849+13.4%

$3,952+10.4%

Admin fee / account holder

$5,737

$4,995+14.9%

$6,182-7.2%

$6,261-8.4%

EAST-WEST LINCOLN MERCURY, INC. SAVINGS & RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EAST-WEST LINCOLN MERCURY, INC. SAVINGS & RETIREMENT PLAN & TRUST

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