Retirement plan

TAMIAMI FORD, INC. 401(K) PROFIT SHARING PLAN

Name: TAMIAMI FORD, INC. - TAMIAMI FORD, INC. 401(K) PROFIT SHARING PLAN (2015) Form 5500
Creator: TAMIAMI FORD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAMIAMI FORD, INC. 401(K) PROFIT SHARING PLAN, TAMIAMI FORD, INC.

TAMIAMI FORD, INC.EIN 59-1480120Plan #001PY 2015

1471 AIRPORT PULLING ROAD NORTH - NAPLES, FL 34104239-643-3673LinkedIn1-10 employeesretail

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.6M

No prior year

Total participants

161

No prior year

Average account balance

$44,887

No prior year

Annual return

0.77%

No prior year

Benchmarks

See 2,153 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,153 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.56M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

180

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.

61.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$270

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 5 by compensation

Provider	Service type	Compensation
ERISA FIDUCIARY ADVISORS, INC.1+ years Service code 27 1160 BIRCHWOOD ROAD · WESTON, FL 33327	Advisory (Plan)	$16,049
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$9,549
WITHUMSMITH+BROWN, PC1+ years Filed as: MORRISON BROWN, ARGIZ & FARRA, LLC Service code 10 1450 BRICKELL AVENUE 18TH FLOOR · MIAMI, FL 33131	Accounting	$5,500
PENSION FINANCIAL SERVICES, INC.1+ years Service code 13	Contract Administrator	$3,634
PENSION FINANCIAL SERVICES, INC.1+ years Filed as: PENSION FINANCIAL SERVICES Service code 13 3700 CRESTWOOD PARKWAY · DULUTH, GA 30096	Contract Administrator	$901

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$16K

$109 / participant

Contract admin$16K100.0%

% of EOY assets

0.439%

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: MORRISON, BROWN, ARGIZ & FARRA, LLC
Auditor EIN: 010720052
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,887

$39,245+14.4%

$64,105-30.0%

$52,331-14.2%

Participation rate

45.2%

58.2%-13.0pp

68.2%-23.0pp

68.1%-22.9pp

Annual return

0.77%

14.79%-14.0pp

791.24%-790.5pp

4.54%-3.8pp

Employer contribution / active EE

$335

$736-54.5%

$1,820-81.6%

$1,882-82.2%

Participant deferral / active EE

$2,172

$1,992+9.1%

$2,822-23.0%

$3,022-28.1%

Admin fee / account holder

$197

$592-66.8%

$4,499-95.6%

$592-66.7%

Provider

Service type

Compensation

ERISA FIDUCIARY ADVISORS, INC.1+ years

Service code 27

1160 BIRCHWOOD ROAD · WESTON, FL 33327

Advisory (Plan)

$16,049

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT-WEST LIFE & ANNUITY COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$9,549

WITHUMSMITH+BROWN, PC1+ years

Filed as: MORRISON BROWN, ARGIZ & FARRA, LLC

Service code 10

1450 BRICKELL AVENUE 18TH FLOOR · MIAMI, FL 33131

Accounting

$5,500

PENSION FINANCIAL SERVICES, INC.1+ years

Service code 13

Contract Administrator

$3,634

PENSION FINANCIAL SERVICES, INC.1+ years

Filed as: PENSION FINANCIAL SERVICES

Service code 13

3700 CRESTWOOD PARKWAY · DULUTH, GA 30096

Contract Administrator

$901

TAMIAMI FORD, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAMIAMI FORD, INC. 401(K) PROFIT SHARING 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