Retirement plan

AUTOLAND 401(K) PLAN

Name: MMPD CARST LLC - AUTOLAND 401(K) PLAN (2022) 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 2022

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

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$5.2M

-7.0% from 2021

Total participants

170

+3.7% from 2021

Average account balance

$46,933

-7.0% from 2021

Annual return

-14.64%

-27.02 pp from 2021

Benchmarks

See 2,205 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,205 peers

Snapshot2022

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 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK2 years Filed as: COMMONWEALTH EQUITY SERVICES Service code 99 · EIN 04-2675571	Other Fees	$0
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA REITREMENT INSUR & ANNUITY CO Service code 28	Investment Management	$0
VOYA RETIREMENT INSURANCE & ANNUITY6+ 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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$4K

$41 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.084%

all-in expense ratio

Categories reported

0 / 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

$46,933

$49,451-5.1%

$79,580-41.0%

$66,938-29.9%

Participation rate

43.9%

61.3%-17.4pp

69.5%-25.6pp

69.8%-25.9pp

Annual return

-14.64%

84.25%-98.9pp

0.15%-14.8pp

1.58%-16.2pp

Employer contribution / active EE

$1,266-100.0%

$2,413-100.0%

$2,545-100.0%

Participant deferral / active EE

$4,798

$3,159+51.9%

$3,985+20.4%

$4,238+13.2%

Admin fee / account holder

$40

$595-93.3%

$6,835-99.4%

$594-93.3%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Filed as: COMMONWEALTH EQUITY SERVICES

Service code 99 · EIN 04-2675571

Other Fees

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA REITREMENT INSUR & ANNUITY CO

Service code 28

Investment Management

VOYA RETIREMENT INSURANCE & ANNUITY6+ 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