Retirement plan

CAR CRAFTERS, INC. 401(K) PLAN

Name: CAR CRAFTERS, INC. - CAR CRAFTERS, INC. 401(K) PLAN (2016) Form 5500
Creator: CAR CRAFTERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAR CRAFTERS, INC. 401(K) PLAN, CAR CRAFTERS, INC.

CAR CRAFTERS, INC.EIN 85-0336157Plan #001PY 2016

600 MONTANO ROAD NE - ALBUQUERQUE, NM 87107505-881-8889

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$3M

+23.0% from 2015

Total participants

152

+20.6% from 2015

Average account balance

$42,912

-8.6% from 2015

Annual return

9.99%

+10.04 pp from 2015

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.69M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2245

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

0 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
CETERA ADVISOR NETWORKS LLC1 year Service code 16 200 N. SEPULVEDA BLVD · EL SEGUNDO, CA 902455672	Consulting	$2,217
FIRST MERCANTILE TRUST COMPANY1 year Service code 15 · EIN 62-0951563 57 GERMANTOWN COURT · CORDOVA, TN 38018	Recordkeeping	$1,020
PENSION ASSURANCE LLP1 year Filed as: PENSION PLANNING CONSULTANTS, INC. Service code 12 · EIN 85-0402842 6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110	Other fees; Claims processing	$900

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$3K

$21 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.105%

all-in expense ratio

Categories reported

0 / 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: LOFTIS GROUP LLC
Auditor EIN: 202486011
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,912

$43,423-1.2%

$78,676-45.5%

$55,167-22.2%

Participation rate

45.3%

68.0%-22.7pp

73.6%-28.2pp

69.0%-23.7pp

Annual return

9.99%

11.53%-1.5pp

62.19%-52.2pp

169.23%-159.2pp

Employer contribution / active EE

$999

$1,997-50.0%

$2,850-65.0%

$1,963-49.1%

Participant deferral / active EE

$1,979

$2,509-21.1%

$3,517-43.7%

$3,054-35.2%

Admin fee / account holder

$45

$416-89.1%

$4,510-99.0%

$504-91.0%

Provider

Service type

Compensation

CETERA ADVISOR NETWORKS LLC1 year

Service code 16

200 N. SEPULVEDA BLVD · EL SEGUNDO, CA 902455672

Consulting

$2,217

FIRST MERCANTILE TRUST COMPANY1 year

Service code 15 · EIN 62-0951563

57 GERMANTOWN COURT · CORDOVA, TN 38018

Recordkeeping

$1,020

PENSION ASSURANCE LLP1 year

Filed as: PENSION PLANNING CONSULTANTS, INC.

Service code 12 · EIN 85-0402842

6201 UPTOWN BLVD NE · ALBUQUERQUE, NM 87110

Other fees; Claims processing

$900

CAR CRAFTERS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAR CRAFTERS, INC. 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