Retirement plan

THOMAS AUTOMOTIVE FAMILY 401(K) PLAN

Name: THOMAS AUTOMOTIVE FAMILY LLC - THOMAS AUTOMOTIVE FAMILY 401(K) PLAN (2023) Form 5500
Creator: THOMAS AUTOMOTIVE FAMILY LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMAS AUTOMOTIVE FAMILY 401(K) PLAN, THOMAS AUTOMOTIVE FAMILY LLC

THOMAS AUTOMOTIVE FAMILY LLCEIN 83-1434331Plan #002PY 2023

127 SOUTH JULIANA STREET, PO BOX 165 - BEDFORD, PA 15522814-623-8131

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$10.4M

-3.4% from 2022

Total participants

295

+1.4% from 2022

Average account balance

$37,555

-3.0% from 2022

Annual return

12.36%

+26.54 pp from 2022

Benchmarks

See 2,288 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,288 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.86M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

297

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$917K

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

+11.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$191

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
STIFEL NICOLAUS & CO INC2+ years Filed as: STIFEL NICOLAUS INSURANCE AGENCY Service code 55 501 N BROADWAY · SAINT LOUIS, MO 63102	Other Commissions	$20,720
DEFINITI LLC2+ years Filed as: DEFINITI, LLC Service code 49 2201 TIMBERLOCH PLACE · THE WOODLANDS, TX 77380	Other Services	$8,548

Plan features & details

Pension benefit codes2E2F2G2J2L2S2T3D3H

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$38K

$194 / participant

Contract admin$38K100.0%

% of EOY assets

0.366%

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: BSSF
Auditor EIN: 251644159
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,555

$54,701-31.3%

$86,200-56.4%

$71,476-47.5%

Participation rate

91.4%

60.1%+31.3pp

69.0%+22.4pp

67.9%+23.4pp

Annual return

12.36%

20.06%-7.7pp

1168.58%-1156.2pp

28.85%-16.5pp

Employer contribution / active EE

$643

$1,265-49.2%

$2,381-73.0%

$2,589-75.2%

Participant deferral / active EE

$4,106

$3,108+32.1%

$3,986+3.0%

$4,290-4.3%

Admin fee / account holder

$137

$1,922-92.9%

$6,853-98.0%

$1,587-91.3%

Provider

Service type

Compensation

STIFEL NICOLAUS & CO INC2+ years

Filed as: STIFEL NICOLAUS INSURANCE AGENCY

Service code 55

501 N BROADWAY · SAINT LOUIS, MO 63102

Other Commissions

$20,720

DEFINITI LLC2+ years

Filed as: DEFINITI, LLC

Service code 49

2201 TIMBERLOCH PLACE · THE WOODLANDS, TX 77380

Other Services

$8,548

THOMAS AUTOMOTIVE FAMILY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMAS AUTOMOTIVE FAMILY 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