Retirement plan

BARTOW FORD CO. 401(K) RETIREMENT PLAN

Name: BARTOW FORD CO. - BARTOW FORD CO. 401(K) RETIREMENT PLAN (2022) Form 5500
Creator: BARTOW FORD CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BARTOW FORD CO. 401(K) RETIREMENT PLAN, BARTOW FORD CO.

BARTOW FORD CO.EIN 59-0687878Plan #003PY 2022

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

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$11.1M

-21.5% from 2021

Total participants

275

-2.1% from 2021

Average account balance

$42,840

-24.5% from 2021

Annual return

-13.98%

-31.74 pp from 2021

Benchmarks

See 2,204 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,204 peers

Snapshot2022

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
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 37 · EIN 04-2647786	Loan Processing	$23,103

Plan features & details

Pension benefit codes2E2G2J2R3D

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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$24K

$95 / participant

Investment mgmt$4301.8%
Other / not subdivided$23K98.2%

% of EOY assets

0.212%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: SCARBROUGH & ASSOCIATES, PLLC
Auditor EIN: 843581586
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,840

$49,471-13.4%

$79,583-46.2%

$66,949-36.0%

Participation rate

93.5%

61.4%+32.2pp

69.5%+24.0pp

69.8%+23.7pp

Annual return

-13.98%

84.30%-98.3pp

0.16%-14.1pp

1.57%-15.5pp

Employer contribution / active EE

$702

$1,266-44.6%

$2,414-70.9%

$2,545-72.4%

Participant deferral / active EE

$5,597

$3,160+77.1%

$3,986+40.4%

$4,239+32.0%

Admin fee / account holder

$91

$595-84.7%

$6,835-98.7%

$594-84.7%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 37 · EIN 04-2647786

Loan Processing

$23,103

BARTOW FORD CO. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BARTOW FORD CO. 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