Retirement plan

AUTOINC 401(K) PLAN

Name: AUTO LLLP DBA AUTO INC. - AUTOINC 401(K) PLAN (2021) Form 5500
Creator: AUTO LLLP DBA AUTO INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUTOINC 401(K) PLAN, AUTO LLLP DBA AUTO INC.

AUTO LLLP DBA AUTO INC.EIN 75-1628221Plan #003PY 2021

901 S. FILLMORE, # 200 - AMARILLO, TX 79101806-722-4270LinkedIn201-500 employeesretail

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$22.2M

+21.6% from 2020

Total participants

596

-0.3% from 2020

Average account balance

$47,036

+19.8% from 2020

Annual return

16.44%

-0.99 pp from 2020

Benchmarks

See 1,264 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,264 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$23.53M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

569

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.05M

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

+13.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$146

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 5 by compensation

Provider	Service type	Compensation
JULY BUSINESS SERVICES1 year Service code 13 P.O. BOX 2208 · WACO, TX 76703	Contract Administrator	$11,303
AMARILLO NATIONAL BANK1 year Service code 27 410 S TAYLOR · AMARILLO, TX 79105	Advisory (Plan)	$10,668
JOHN HANCOCK LIFE INSURANCE COMPANY7+ years Service code 15 · EIN 01-0233346	Recordkeeping	$3,507
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$3,502
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$552

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$60K

$116 / participant

Contract admin$60K100.0%

% of EOY assets

0.269%

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: D. WILLIAMS & CO., P.C.
Auditor EIN: 752512581
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,036

$50,956-7.7%

$96,572-51.3%

$86,821-45.8%

Participation rate

75.6%

65.2%+10.4pp

69.8%+5.8pp

72.3%+3.3pp

Annual return

16.44%

21.27%-4.8pp

37.79%-21.4pp

97.94%-81.5pp

Employer contribution / active EE

$1,304

$1,111+17.4%

$2,357-44.7%

$2,406-45.8%

Participant deferral / active EE

$3,298

$2,954+11.6%

$3,850-14.3%

$4,132-20.2%

Admin fee / account holder

$127

$166-23.8%

$6,183-98.0%

$170-25.4%

Provider

Service type

Compensation

JULY BUSINESS SERVICES1 year

Service code 13

P.O. BOX 2208 · WACO, TX 76703

Contract Administrator

$11,303

AMARILLO NATIONAL BANK1 year

Service code 27

410 S TAYLOR · AMARILLO, TX 79105

Advisory (Plan)

$10,668

JOHN HANCOCK LIFE INSURANCE COMPANY7+ years

Service code 15 · EIN 01-0233346

Recordkeeping

$3,507

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$3,502

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$552

AUTOINC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUTOINC 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