Retirement plan

RYAN CHEVROLET, LLC 401(K) PLAN

Name: RYAN CHEVROLET, LLC - RYAN CHEVROLET, LLC 401(K) PLAN (2021) Form 5500
Creator: RYAN CHEVROLET, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RYAN CHEVROLET, LLC 401(K) PLAN, RYAN CHEVROLET, LLC

RYAN CHEVROLET, LLCEIN 72-0476523Plan #001PY 2021

1101 OLIVER RD. - MONROE, LA 71201318-387-2222

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$4.5M

+10.0% from 2020

Total participants

187

+19.9% from 2020

Average account balance

$24,318

-7.3% from 2020

Annual return

11.65%

+0.39 pp from 2020

Benchmarks

See 9,332 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,332 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.48M

Not enough data

1 years with asset history on file

Average account balance

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

$30K

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.

151

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.

98.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$448K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+8.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$124

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
GREAT-WEST LIFE & ANNUITY INSURANCE7+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$12,902
NATIONAL AUTOMOBILE DEALERS ASSOCIA1 year Service code 99 8400 WESTPARK DR · MCLEAN, VA 22102	Other Fees	$4,977
CAPFINANCIAL PARTNERS LLC1 year Filed as: CAPFINANCIAL PARTNERS LLC DBA CAPTR Service code 99 4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609	Other Fees	$829
NORTHEAST RETIREMENT SERVICES, INC.1 year Service code 99 12 GILL ST STE 2600 · WOBURN, MA 01801	Other Fees	$518

Plan features & details

Pension benefit codes2E2H2J2K2S3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$224 / participant

Contract admin$19K100.0%

% of EOY assets

0.427%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ARONSON, LLC
Auditor EIN: 371611326
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,318

$70,418-65.5%

$96,570-74.8%

$85,847-71.7%

Participation rate

97.7%

61.8%+35.9pp

69.8%+27.8pp

69.3%+28.4pp

Annual return

11.65%

18.59%-6.9pp

37.79%-26.1pp

318.61%-307.0pp

Employer contribution / active EE

$1,780

$1,413+26.0%

$2,357-24.5%

$2,565-30.6%

Participant deferral / active EE

$2,958

$2,894+2.2%

$3,849-23.2%

$3,952-25.2%

Admin fee / account holder

$104

$4,995-97.9%

$6,182-98.3%

$6,261-98.3%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE7+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$12,902

NATIONAL AUTOMOBILE DEALERS ASSOCIA1 year

Service code 99

8400 WESTPARK DR · MCLEAN, VA 22102

Other Fees

$4,977

CAPFINANCIAL PARTNERS LLC1 year

Filed as: CAPFINANCIAL PARTNERS LLC DBA CAPTR

Service code 99

4208 SIX FORKS RD STE 1700 · RALEIGH, NC 27609

Other Fees

$829

NORTHEAST RETIREMENT SERVICES, INC.1 year

Service code 99

12 GILL ST STE 2600 · WOBURN, MA 01801

Other Fees

$518

RYAN CHEVROLET, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RYAN CHEVROLET, LLC 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