Retirement plan

WOODY ANDERSON FORD 401(K) PLAN

Name: WOODY ANDERSON FORD - WOODY ANDERSON FORD 401(K) PLAN (2017) Form 5500
Creator: WOODY ANDERSON FORD
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WOODY ANDERSON FORD 401(K) PLAN, WOODY ANDERSON FORD

WOODY ANDERSON FORDEIN 63-0367773Plan #002PY 2017

2500 JORDAN LANE - HUNTSVILLE, AL 35816256-539-9441woodyandersonford.comLinkedIn51-200 employeesautomotive

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.6M

+34.8% from 2016

Total participants

180

+16.1% from 2016

Average account balance

$27,073

+12.7% from 2016

Annual return

19.25%

+12.68 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

$8.90M

Not enough data

1 years with asset history on file

Average account balance

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

$51K

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.

175

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.

69.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$912K

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

+19.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$34

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$972

$7 / participant

Contract admin$972100.0%

% of EOY assets

0.027%

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: HENDERSON, HUTCHERSON, MCCULLOUGH P
Auditor EIN: 621114363
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,073

$51,466-47.4%

$78,778-65.6%

$62,293-56.5%

Participation rate

68.7%

59.8%+8.9pp

69.2%-0.5pp

69.5%-0.8pp

Annual return

19.25%

19.96%-0.7pp

35.62%-16.4pp

28.90%-9.6pp

Employer contribution / active EE

$1,534

$827+85.4%

$1,986-22.7%

$2,042-24.9%

Participant deferral / active EE

$2,248

$2,147+4.7%

$2,958-24.0%

$3,169-29.1%

Admin fee / account holder

$489-98.5%

$5,134-99.9%

$479-98.5%

WOODY ANDERSON FORD 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WOODY ANDERSON FORD 401(K) 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