Retirement plan

AUTOLAND 401(K) PLAN

Name: MMPD CARST LLC - AUTOLAND 401(K) PLAN (2024) Form 5500
Creator: MMPD CARST LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AUTOLAND 401(K) PLAN, MMPD CARST LLC

MMPD CARST LLCEIN 81-3593156Plan #001PY 2024

170 ROUTE 22 EAST - SPRINGFIELD, NJ 07081973-467-6186

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$6.1M

+3.8% from 2023

Total participants

129

-22.8% from 2023

Average account balance

$62,112

+8.0% from 2023

Annual return

9.50%

-2.51 pp from 2023

Benchmarks

See 2,318 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,318 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.15M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

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.

73.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$399K

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

+9.50%

Not enough data

1 years with return on file

Admin fee / account holder

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

$60

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
COMMONWEALTH FINANCIAL NETWORK4 years Filed as: COMMONWEALTH EQUITY SERVICES Service code 99 · EIN 04-2675571	Other Fees	$0
VOYA RETIREMENT INSURANCE & ANNUITY8+ years Filed as: VOYA RETIREMENT INSUR & ANNUITY CO Service code 28	Investment Management	$0

Plan features & details

Pension benefit codes2E2J2F2G3D

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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$6K

$52 / participant

Recordkeeping$6K100.0%

% of EOY assets

0.096%

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: WITHUM SMITH & BROWN
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$62,112

$59,402+4.6%

$93,654-33.7%

$74,546-16.7%

Participation rate

73.5%

59.7%+13.8pp

68.7%+4.7pp

67.2%+6.2pp

Annual return

9.50%

81.86%-72.4pp

133.34%-123.8pp

1366.03%-1356.5pp

Employer contribution / active EE

$1,265-100.0%

$2,421-100.0%

$2,624-100.0%

Participant deferral / active EE

$3,534

$3,049+15.9%

$4,413-19.9%

$4,347-18.7%

Admin fee / account holder

$60

$3,023-98.0%

$8,282-99.3%

$1,944-96.9%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK4 years

Filed as: COMMONWEALTH EQUITY SERVICES

Service code 99 · EIN 04-2675571

Other Fees

VOYA RETIREMENT INSURANCE & ANNUITY8+ years

Filed as: VOYA RETIREMENT INSUR & ANNUITY CO

Service code 28

Investment Management

AUTOLAND 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AUTOLAND 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