Retirement plan

WOODY ANDERSON FORD 401(K) PLAN

Name: WOODY ANDERSON FORD - WOODY ANDERSON FORD 401(K) PLAN (2018) 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 2018

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

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3.3M

-9.5% from 2017

Total participants

188

+4.4% from 2017

Average account balance

$23,116

-14.6% from 2017

Annual return

-5.92%

-25.17 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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

$2K

$15 / participant

Contract admin$2K100.0%

% of EOY assets

0.065%

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

$23,116

$42,548-45.7%

$74,551-69.0%

$56,289-58.9%

Participation rate

67.1%

60.5%+6.7pp

69.1%-2.0pp

69.9%-2.7pp

Annual return

-5.92%

12.40%-18.3pp

32.53%-38.5pp

-9.96%+4.0pp

Employer contribution / active EE

$1,709

$855+99.9%

$1,961-12.8%

$2,111-19.0%

Participant deferral / active EE

$2,349

$2,277+3.2%

$3,108-24.4%

$3,350-29.9%

Admin fee / account holder

$15

$467-96.8%

$5,059-99.7%

$521-97.1%

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