Retirement plan

CARDINALE AUTOMOTIVE GROUP 401K PROFIT SHARING PLAN AND TRUST

Name: CARDINALE OLDSMOBILE, GMC TRUCK, INC. - CARDINALE AUTOMOTIVE GROUP 401K PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: CARDINALE OLDSMOBILE, GMC TRUCK, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARDINALE AUTOMOTIVE GROUP 401K PROFIT SHARING PLAN AND TRUST, CARDINALE OLDSMOBILE, GMC TRUCK, INC.

CARDINALE OLDSMOBILE, GMC TRUCK, INC.EIN 77-0288570Plan #001PY 2015

3 HEITZINGER PLAZA - SEASIDE, CA 939553613831-899-9505LinkedIn1-10 employeesretail

Prospect flagsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$2.9M

No prior year

Total participants

328

No prior year

Average account balance

$13,700

No prior year

Annual return

-0.47%

No prior year

Benchmarks

See 1,098 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,098 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.42M

Not enough data

1 years with asset history on file

Average account balance

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

$19K

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.

862

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.

79.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.25M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+15.21%

Not enough data

1 years with return on file

Admin fee / account holder

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

$101

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
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$28,013
GOLDLEAF PARTNERS1+ years Service code 14 14221 GOLF COURSE DRIVE · BAXTER, MN 56425	Plan Administrator	$5,385
IRON-CO-FID-COMPREHENSIVE1+ years Filed as: IRON-CO-FID--COMPREHENSIVE Service code 15 630 DUNDEE ROAD STE 200 · NORTHBROOK, IL 60062	Recordkeeping	$2,059
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215	Recordkeeping	$0
NORTHWESTERN MUTUAL INVESTMENT SERV1+ years Filed as: NORTHWESTERN MUTUAL INV SRVCS Service code 28 ATTN IPS COMPENSATION · MILWAUKEE, WI 53202	Investment Management	$0

Plan features & details

Pension benefit codes2E2G2J3D2T3H2F2S2K

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$46K

$178 / participant

Contract admin$46K100.0%

% of EOY assets

1.613%

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: SMITH AND COMPANY
Auditor EIN: 121234567
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,700

$33,745-59.4%

$64,105-78.6%

$55,191-75.2%

Participation rate

54.1%

59.4%-5.3pp

68.2%-14.1pp

69.2%-15.1pp

Annual return

-0.47%

4.95%-5.4pp

791.24%-791.7pp

10.78%-11.3pp

Employer contribution / active EE

$641-100.0%

$1,820-100.0%

$1,899-100.0%

Participant deferral / active EE

$2,216

$1,929+14.8%

$2,822-21.5%

$3,046-27.3%

Admin fee / account holder

$221

$94+134.2%

$4,499-95.1%

$91+143.4%

Provider

Service type

Compensation

NATIONWIDE1+ years

Service code 15

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$28,013

GOLDLEAF PARTNERS1+ years

Service code 14

14221 GOLF COURSE DRIVE · BAXTER, MN 56425

Plan Administrator

$5,385

IRON-CO-FID-COMPREHENSIVE1+ years

Filed as: IRON-CO-FID--COMPREHENSIVE

Service code 15

630 DUNDEE ROAD STE 200 · NORTHBROOK, IL 60062

Recordkeeping

$2,059

NATIONWIDE1+ years

Filed as: NATIONWIDE LIFE INSURANCE COMPANY

Service code 15

10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215

Recordkeeping

NORTHWESTERN MUTUAL INVESTMENT SERV1+ years

Filed as: NORTHWESTERN MUTUAL INV SRVCS

Service code 28

ATTN IPS COMPENSATION · MILWAUKEE, WI 53202

Investment Management

CARDINALE AUTOMOTIVE GROUP 401K PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARDINALE AUTOMOTIVE GROUP 401K PROFIT SHARING PLAN AND TRUST

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