Retirement plan

BARTOW FORD COMPANY, INC. 401(K) RETIREMENT PLAN

Name: BARTOW FORD COMPANY - BARTOW FORD COMPANY, INC. 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: BARTOW FORD COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARTOW FORD COMPANY, INC. 401(K) RETIREMENT PLAN, BARTOW FORD COMPANY

BARTOW FORD COMPANYEIN 59-0687878Plan #003PY 2020

P.O. BOX 1700 - BARTOW, FL 338311700863-533-0425bartowford.comLinkedIn201-500 employeesautomotive

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$12M

+6.0% from 2019

Total participants

229

-6.1% from 2019

Average account balance

$53,851

+14.1% from 2019

Annual return

10.39%

-9.13 pp from 2019

Benchmarks

See 2,198 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,198 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.83M

Not enough data

1 years with asset history on file

Average account balance

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

$50K

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.

317

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.

79.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.63M

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

+11.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$87

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 1 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.6+ years Filed as: WELLS FARGO BANK, NATIONAL ASSOC. Service code 15 · EIN 94-1347393	Recordkeeping	$39,109

Plan features & details

Pension benefit codes2E2G2J3D2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$39K

$197 / participant

Other / not subdivided$39K100.0%

% of EOY assets

0.329%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,851

$54,573-1.3%

$90,970-40.8%

$73,497-26.7%

Participation rate

97.0%

61.2%+35.8pp

69.0%+28.0pp

70.7%+26.3pp

Annual return

10.39%

16.69%-6.3pp

134.60%-124.2pp

28.51%-18.1pp

Employer contribution / active EE

$434

$991-56.3%

$2,122-79.6%

$2,270-80.9%

Participant deferral / active EE

$4,572

$2,517+81.7%

$3,373+35.6%

$3,740+22.3%

Admin fee / account holder

$177

$521-66.1%

$5,961-97.0%

$513-65.5%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.6+ years

Filed as: WELLS FARGO BANK, NATIONAL ASSOC.

Service code 15 · EIN 94-1347393

Recordkeeping

$39,109

BARTOW FORD COMPANY, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARTOW FORD COMPANY, INC. 401(K) RETIREMENT 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