Retirement plan

BROWN CHEVROLET COMPANY, INC. EMPLOYEES PROFIT SHARING PLAN

Name: BROWN CHEVROLET COMPANY, INC. - BROWN CHEVROLET COMPANY, INC. EMPLOYEES PROFIT SHARING PLAN (2020) Form 5500
Creator: BROWN CHEVROLET COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROWN CHEVROLET COMPANY, INC. EMPLOYEES PROFIT SHARING PLAN, BROWN CHEVROLET COMPANY, INC.

BROWN CHEVROLET COMPANY, INC.EIN 74-1541076Plan #001PY 2020

DRAWER G - DEVINE, TX 78016830-665-4435

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$4.4M

+13.5% from 2019

Total participants

257

+2.4% from 2019

Average account balance

$17,311

+10.9% from 2019

Annual return

16.39%

-5.20 pp from 2019

Benchmarks

See 2,198 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,198 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.40M

Not enough data

1 years with asset history on file

Average account balance

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

$18K

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.

294

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$164K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+13.04%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2T3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

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: ADKF, P.C.
Auditor EIN: 742606559
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$17,311

$54,573-68.3%

$90,970-81.0%

$73,493-76.4%

Participation rate

100.0%

61.2%+38.8pp

69.0%+31.0pp

70.7%+29.3pp

Annual return

16.39%

16.69%-0.3pp

134.58%-118.2pp

28.51%-12.1pp

Employer contribution / active EE

$944

$991-4.8%

$2,122-55.5%

$2,270-58.4%

Participant deferral / active EE

$2,517-100.0%

$3,373-100.0%

$3,740-100.0%

Admin fee / account holder

$521-100.0%

$5,960-100.0%

$513-100.0%

BROWN CHEVROLET COMPANY, INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

BROWN CHEVROLET COMPANY, INC. EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion