Retirement plan

DAYTONA BR-GD, INC. 401(K) PROFIT SHARING PLAN

Name: DAYTONA BR-GD, INC. DBA DAYTONA TOYOTA - DAYTONA BR-GD, INC. 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: DAYTONA BR-GD, INC. DBA DAYTONA TOYOTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DAYTONA BR-GD, INC. 401(K) PROFIT SHARING PLAN, DAYTONA BR-GD, INC. DBA DAYTONA TOYOTA

DAYTONA BR-GD, INC. DBA DAYTONA TOYOTAEIN 59-3413820Plan #001PY 2016

451 N NOVA RD. - DAYTONA BEACH, FL 32114386-255-7475LinkedIn201-500 employeesretail

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2M

+43.6% from 2015

Total participants

269

+15.0% from 2015

Average account balance

-100.0% from 2015

Annual return

20.64%

+19.90 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.33M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

152

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.

39.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$968K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+17.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$453

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 4 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 49 · EIN 01-0233346	Other Services	$394
ADP BROKER-DEALER2+ years Service code 99	Other Fees	$0
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$0
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Service code 52 · EIN 13-5408567	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$15K

$54 / participant

Contract admin$15K100.0%

% of EOY assets

0.720%

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: WITHUMSMITH & BROWN, PC
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,044-100.0%

$71,796-100.0%

$57,658-100.0%

Participation rate

0.0%

61.1%-61.1pp

69.1%-69.1pp

70.2%-70.2pp

Annual return

20.64%

12.64%+8.0pp

78.04%-57.4pp

5.13%+15.5pp

Employer contribution / active EE

$720-100.0%

$1,924-100.0%

$1,974-100.0%

Participant deferral / active EE

$1,281

$1,974-35.1%

$2,794-54.2%

$3,061-58.2%

Admin fee / account holder

$101-100.0%

$4,815-100.0%

$95-100.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 49 · EIN 01-0233346

Other Services

$394

ADP BROKER-DEALER2+ years

Service code 99

Other Fees

ADP BROKER-DEALER2+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Service code 52 · EIN 13-5408567

Indirect Investment Fees

DAYTONA BR-GD, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DAYTONA BR-GD, 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