Retirement plan

CMA GROUP QUALIFIED STOCK BONUS PLAN

Name: PETERSBURG MOTOR COMPANY, INC. - CMA GROUP QUALIFIED STOCK BONUS PLAN (2023) Form 5500
Creator: PETERSBURG MOTOR COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CMA GROUP QUALIFIED STOCK BONUS PLAN, PETERSBURG MOTOR COMPANY, INC.

PETERSBURG MOTOR COMPANY, INC.EIN 54-0338910Plan #002PY 2023

POST OFFICE BOX 7823 - CHARLOTTESVILLE, VA 22906434-951-1000

Other plans on this EIN

1 filing

#003Retirement-$27.8M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$39.5M

+19.9% from 2022

Total participants

1,073

+15.0% from 2022

Average account balance

$39,247

+4.7% from 2022

Annual return

17.46%

-5.30 pp from 2022

Benchmarks

See 1,316 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,316 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$46.27M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

1,026

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2A2E2I

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.

Opportunity flags

0 tripped

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

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BROWN, EDWARDS & COMPANY, LLP
Auditor EIN: 540504608
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,247

$53,165-26.2%

$86,235-54.5%

$74,473-47.3%

Participation rate

92.8%

64.9%+28.0pp

69.0%+23.9pp

70.7%+22.1pp

Annual return

17.46%

22.64%-5.2pp

1170.03%-1152.6pp

34.36%-16.9pp

Employer contribution / active EE

$3,792

$1,210+213.4%

$2,381+59.3%

$2,638+43.7%

Participant deferral / active EE

$3,234-100.0%

$3,987-100.0%

$4,530-100.0%

Admin fee / account holder

$551-100.0%

$6,856-100.0%

$347-100.0%

CMA GROUP QUALIFIED STOCK BONUS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CMA GROUP QUALIFIED STOCK BONUS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion