Retirement plan

FORD AUDIO-VIDEO SYSTEMS, LLC 401(K) RETIREMENT PLAN

Name: FORD AUDIO-VIDEO SYSTEMS, LLC - FORD AUDIO-VIDEO SYSTEMS, LLC 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: FORD AUDIO-VIDEO SYSTEMS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FORD AUDIO-VIDEO SYSTEMS, LLC 401(K) RETIREMENT PLAN, FORD AUDIO-VIDEO SYSTEMS, LLC

FORD AUDIO-VIDEO SYSTEMS, LLCEIN 73-0947837Plan #001PY 2017

4800 WEST I-40 - OKLAHOMA CITY, OK 73128405-946-9996fordav.comLinkedIn201-500 employeesinformation technology and services

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$15.4M

+29.1% from 2016

Total participants

547

+61.8% from 2016

Average account balance

$34,860

-1.2% from 2016

Annual return

21.20%

+10.96 pp from 2016

Benchmarks

See 1,218 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,218 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$30.59M

Not enough data

1 years with asset history on file

Average account balance

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

$79K

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.

389

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.

50.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.35M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+14.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$172

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 1 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1 year Filed as: ASCENSUS INC. Service code 13 · EIN 11-3665754	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2J2K3D

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).
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.

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

$13K

$31 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.082%

all-in expense ratio

Categories reported

0 / 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: PETERS & CHANDLER, P.C.
Auditor EIN: 731078673
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,860

$48,064-27.5%

$78,778-55.7%

$69,631-49.9%

Participation rate

74.6%

61.6%+13.1pp

69.2%+5.4pp

70.7%+4.0pp

Annual return

21.20%

21.81%-0.6pp

35.62%-14.4pp

27571.02%-27549.8pp

Employer contribution / active EE

$836

$744+12.4%

$1,986-57.9%

$2,032-58.9%

Participant deferral / active EE

$2,285

$2,079+9.9%

$2,958-22.8%

$3,224-29.1%

Admin fee / account holder

$29

$152-81.1%

$5,134-99.4%

$110-74.0%

Provider

Service type

Compensation

ASCENSUS LLC1 year

Filed as: ASCENSUS INC.

Service code 13 · EIN 11-3665754

Contract Administrator

FORD AUDIO-VIDEO SYSTEMS, LLC 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FORD AUDIO-VIDEO SYSTEMS, LLC 401(K) RETIREMENT 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