Retirement plan

THE HUTTON COMPANY EMPLOYEES PROFIT SHARING PLAN AND TRUST

Name: CHUCK HUTTON CHEVROLET CO. - THE HUTTON COMPANY EMPLOYEES PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: CHUCK HUTTON CHEVROLET CO.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HUTTON COMPANY EMPLOYEES PROFIT SHARING PLAN AND TRUST, CHUCK HUTTON CHEVROLET CO.

CHUCK HUTTON CHEVROLET CO.EIN 62-0907139Plan #001PY 2017

2471 MT MORIAH RD - MEMPHIS, TN 38115901-365-9700chuckhuttonchevrolet.netLinkedIn201-500 employeesautomotive

Prospect flagsLow assets / participantLow employer contribution

How to read this page

Total assets (EOY)

$3.8M

+11.5% from 2016

Total participants

294

+5.4% from 2016

Average account balance

$13,091

-1.6% from 2016

Annual return

14.69%

+7.92 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.61M

Not enough data

1 years with asset history on file

Average account balance

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

$11K

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.

147

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.

59.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+8.23%

Not enough data

1 years with return on file

Admin fee / account holder

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

$55

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 3 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: RAYMOND JAMES & ASSOCIATES Service code 26 · EIN 59-1237041	Advisory (Participants)	$10,764
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 26-1589907	Recordkeeping	$2,358
RELIANCE TRUST COMPANY2 years Service code 19 · EIN 58-1428634	Securities Custodian	$282

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$2K

$18 / participant

Contract admin$2K100.0%

% of EOY assets

0.062%

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: VAWTER GAMMON NORRIS AND COMPANY
Auditor EIN: 620898119
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,091

$51,466-74.6%

$78,778-83.4%

$62,293-79.0%

Participation rate

96.1%

59.8%+36.3pp

69.2%+26.9pp

69.5%+26.6pp

Annual return

14.69%

19.96%-5.3pp

35.62%-20.9pp

28.90%-14.2pp

Employer contribution / active EE

$197

$827-76.2%

$1,986-90.1%

$2,042-90.4%

Participant deferral / active EE

$2,177

$2,147+1.4%

$2,958-26.4%

$3,169-31.3%

Admin fee / account holder

$489-98.3%

$5,134-99.8%

$479-98.3%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: RAYMOND JAMES & ASSOCIATES

Service code 26 · EIN 59-1237041

Advisory (Participants)

$10,764

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 15 · EIN 26-1589907

Recordkeeping

$2,358

RELIANCE TRUST COMPANY2 years

Service code 19 · EIN 58-1428634

Securities Custodian

$282

THE HUTTON COMPANY EMPLOYEES PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HUTTON COMPANY EMPLOYEES PROFIT SHARING PLAN AND TRUST

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