Retirement plan

ZIEMS FORD CORNERS, INC. PROFIT SHARING PLAN

Name: ZIEMS FORD CORNERS, INC. - ZIEMS FORD CORNERS, INC. PROFIT SHARING PLAN (2018) Form 5500
Creator: ZIEMS FORD CORNERS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ZIEMS FORD CORNERS, INC. PROFIT SHARING PLAN, ZIEMS FORD CORNERS, INC.

ZIEMS FORD CORNERS, INC.EIN 85-0369949Plan #001PY 2018

PO BOX 5070 - FARMINGTON, NM 87499505-325-1961ziemsfordcorners.comLinkedIn51-200 employeesautomotive

Other plans on this EIN

1 filing

#002Retirement--

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.7M

+809.5% from 2017

Total participants

114

-10.2% from 2017

Average account balance

$27,434

+911.5% from 2017

Annual return

764.37%

+749.19 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.24M

Not enough data

1 years with asset history on file

Average account balance

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

$104K

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.

73.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$361K

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

+14.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5102

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
CITIZENS BANK1 year Filed as: CITIZENS TRUST AND INVESTMENT CORPO Service code 21 500 W. BROADWAY · FARMINGTON, NM 87401	Bank Trustee	$9,263
BENEFIT PLANS ADMIN SERVICES, INC.1 year Filed as: BENEFIT PLANS ADMINISTRATIVE SERVIC Service code 12 · EIN 16-1503696	Trustee (directed); Recordkeeping and...	$6,658
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$6,401

Plan features & details

Pension benefit codes2E2K3D2T2G

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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.
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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$20K

$190 / participant

Investment mgmt$18K91.3%
Contract admin$2K8.7%

% of EOY assets

0.730%

all-in expense ratio

Categories reported

2 / 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: CHANDLER & COMPANY
Auditor EIN: 850336896
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,434

$42,548-35.5%

$74,552-63.2%

$56,287-51.3%

Participation rate

84.5%

60.5%+24.0pp

69.1%+15.3pp

69.9%+14.6pp

Annual return

764.37%

12.40%+752.0pp

32.53%+731.8pp

-9.96%+774.3pp

Employer contribution / active EE

$855-100.0%

$1,961-100.0%

$2,111-100.0%

Participant deferral / active EE

$1,998

$2,277-12.3%

$3,108-35.7%

$3,350-40.4%

Admin fee / account holder

$200

$467-57.1%

$5,060-96.0%

$521-61.6%

Provider

Service type

Compensation

CITIZENS BANK1 year

Filed as: CITIZENS TRUST AND INVESTMENT CORPO

Service code 21

500 W. BROADWAY · FARMINGTON, NM 87401

Bank Trustee

$9,263

BENEFIT PLANS ADMIN SERVICES, INC.1 year

Filed as: BENEFIT PLANS ADMINISTRATIVE SERVIC

Service code 12 · EIN 16-1503696

Trustee (directed); Recordkeeping and...

$6,658

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$6,401

ZIEMS FORD CORNERS, INC. PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ZIEMS FORD CORNERS, INC. PROFIT SHARING 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