Retirement plan

JIM BASS FORD, INC. 401(K) PLAN

Name: JIM BASS FORD, INC. - JIM BASS FORD, INC. 401(K) PLAN (2019) Form 5500
Creator: JIM BASS FORD, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JIM BASS FORD, INC. 401(K) PLAN, JIM BASS FORD, INC.

JIM BASS FORD, INC.EIN 75-1099335Plan #001PY 2019

BOX 3488 - SAN ANGELO, TX 76901325-949-4621jimbassford.comLinkedIn1-10 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5.1M

+44.7% from 2018

Total participants

149

-3.9% from 2018

Average account balance

$69,328

+36.9% from 2018

Annual return

27.44%

+35.71 pp from 2018

Benchmarks

See 2,278 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,278 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.15M

Not enough data

1 years with asset history on file

Average account balance

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

$65K

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.

187

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.

86.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+16.60%

Not enough data

1 years with return on file

Admin fee / account holder

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

$41

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 2 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC ADVISORS, INC Service code 27 · EIN 04-2654524	Advisory (Plan)	$2,048
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$300

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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.
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

$16 / participant

Investment mgmt$2K87.2%
Other / not subdivided$30012.8%

% of EOY assets

0.046%

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: CHILTON WILCOX & FORTENBERRY
Auditor EIN: 208009417
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,328

$49,138+41.1%

$84,021-17.5%

$65,185+6.4%

Participation rate

47.9%

60.7%-12.8pp

69.0%-21.1pp

70.2%-22.3pp

Annual return

27.44%

23.00%+4.4pp

71.32%-43.9pp

29.38%-1.9pp

Employer contribution / active EE

$1,712

$914+87.4%

$1,984-13.7%

$2,177-21.3%

Participant deferral / active EE

$3,808

$2,397+58.9%

$3,239+17.6%

$3,514+8.4%

Admin fee / account holder

$32

$543-94.2%

$6,102-99.5%

$847-96.3%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.1 year

Filed as: STRATEGIC ADVISORS, INC

Service code 27 · EIN 04-2654524

Advisory (Plan)

$2,048

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$300

JIM BASS FORD, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JIM BASS FORD, INC. 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