Retirement plan

LONG LEWIS FORD OF THE SHOALS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: LONG LEWIS FORD OF THE SHOALS, INC. - LONG LEWIS FORD OF THE SHOALS, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: LONG LEWIS FORD OF THE SHOALS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LONG LEWIS FORD OF THE SHOALS, INC. 401(K) PROFIT SHARING PLAN AND TRUST, LONG LEWIS FORD OF THE SHOALS, INC.

LONG LEWIS FORD OF THE SHOALS, INC.EIN 63-1171028Plan #001PY 2016

2800 WOODWARD AVE - MUSCLE SHOALS, AL 35661256-386-7800longlewisford.comLinkedIn11-50 employeesautomotive

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$3.5M

+17.1% from 2015

Total participants

326

+11.3% from 2015

Average account balance

$22,633

+1.9% from 2015

Annual return

8.24%

+12.04 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

$12.23M

Not enough data

1 years with asset history on file

Average account balance

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

$23K

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.

528

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.

55.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.78M

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

+13.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$188

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
STADION MONEY MANAGEMENT2+ years Service code 26 · EIN 58-2099805	Advisory (Participants)	$15,823
LINCOLN NATIONAL CORPORATION2+ years Service code 13 · EIN 35-1140070	Contract Administrator	$11,013
AVINTUS2+ years Service code 15 · EIN 04-3682160	Recordkeeping	$1,875
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346	Recordkeeping	$48

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$36K

$125 / participant

Investment mgmt$26K72.3%
Contract admin$10K27.6%
Other / not subdivided$480.1%

% of EOY assets

1.019%

all-in expense ratio

Categories reported

2 / 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: STACK & BLAIR, LLC
Auditor EIN: 453024738
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$22,633

$37,044-38.9%

$71,796-68.5%

$57,658-60.7%

Participation rate

39.2%

61.1%-21.9pp

69.1%-29.9pp

70.2%-31.0pp

Annual return

8.24%

12.64%-4.4pp

78.04%-69.8pp

5.13%+3.1pp

Employer contribution / active EE

$48

$720-93.3%

$1,924-97.5%

$1,974-97.5%

Participant deferral / active EE

$1,137

$1,974-42.4%

$2,794-59.3%

$3,061-62.8%

Admin fee / account holder

$231

$101+128.4%

$4,815-95.2%

$95+143.9%

Provider

Service type

Compensation

STADION MONEY MANAGEMENT2+ years

Service code 26 · EIN 58-2099805

Advisory (Participants)

$15,823

LINCOLN NATIONAL CORPORATION2+ years

Service code 13 · EIN 35-1140070

Contract Administrator

$11,013

AVINTUS2+ years

Service code 15 · EIN 04-3682160

Recordkeeping

$1,875

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK

Service code 15 · EIN 01-0233346

Recordkeeping

$48

LONG LEWIS FORD OF THE SHOALS, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LONG LEWIS FORD OF THE SHOALS, INC. 401(K) 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