Retirement plan

CITIZEN AUTO STAGE COMPANY AND AFFILIATES PROFIT SHARING PLAN

Name: CITIZEN AUTO STAGE COMPANY - CITIZEN AUTO STAGE COMPANY AND AFFILIATES PROFIT SHARING PLAN (2020) Form 5500
Creator: CITIZEN AUTO STAGE COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CITIZEN AUTO STAGE COMPANY AND AFFILIATES PROFIT SHARING PLAN, CITIZEN AUTO STAGE COMPANY

CITIZEN AUTO STAGE COMPANYEIN 86-0012070Plan #001PY 2020

67 EAST BAFFERT DRIVE - NOGALES, AZ 85621520-281-0400graylinearizona.comLinkedIn1-10 employeeseducation management

Other plans on this EIN

1 filing

#002Retirement-$1.2M assets

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$8.4M

+4.9% from 2019

Total participants

123

-14.6% from 2019

Average account balance

$68,102

+22.8% from 2019

Annual return

9.15%

-7.42 pp from 2019

Benchmarks

See 3,735 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort3,735 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.38M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

110.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$211K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14589

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

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Service providers

Top 10 of 13 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 52 · EIN 04-1590850	Indirect Investment Fees	$59,513
CENTAURUS FINANCIAL INC3 years Service code 53 · EIN 33-0530236	Insurance Commissions	$38,202
NOVA 401(K) ASSOCIATES3 years Service code 13 · EIN 20-1181458	Contract Administrator	$8,292
AMERICAN FUNDS3 years Service code 52	Indirect Investment Fees	$0
BLACKROCK3 years Service code 52	Indirect Investment Fees	$0
RAYMOND JAMES FINANCIAL SERVICES3 years Filed as: CARILLON FUNDS Service code 52	Indirect Investment Fees	$0
DIMENSIONAL FUND ADVISORS3 years Service code 52	Indirect Investment Fees	$0
FRANKLIN TEMPLETON3 years Service code 52	Indirect Investment Fees	$0
LOCKTON INVESTMENT ADVISORS, LLC1 year Filed as: LOCKTON INVESTMENT SECURITIES LLC Service code 53 · EIN 20-3247391	Insurance Commissions	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Filed as: MASS MUTUAL LIFE INS COMPANY Service code 49	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$60K

$654 / participant

Investment mgmt$60K100.0%

% of EOY assets

0.710%

all-in expense ratio

Categories reported

1 / 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: ROBERTS/ALEXONIS GROUP
Auditor EIN: 562386438
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$68,102

$59,839+13.8%

$81,988-16.9%

$79,858-14.7%

Participation rate

100.0%

61.6%+38.4pp

69.3%+30.7pp

69.6%+30.4pp

Annual return

9.15%

17.56%-8.4pp

41.31%-32.2pp

31.72%-22.6pp

Employer contribution / active EE

$981

$1,713-42.7%

$2,498-60.7%

$2,471-60.3%

Participant deferral / active EE

$721

$2,695-73.2%

$3,722-80.6%

$3,740-80.7%

Admin fee / account holder

$484

$4,287-88.7%

$5,665-91.5%

$5,306-90.9%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$59,513

CENTAURUS FINANCIAL INC3 years

Service code 53 · EIN 33-0530236

Insurance Commissions

$38,202

NOVA 401(K) ASSOCIATES3 years

Service code 13 · EIN 20-1181458

Contract Administrator

$8,292

AMERICAN FUNDS3 years

Service code 52

Indirect Investment Fees

BLACKROCK3 years

Service code 52

Indirect Investment Fees

RAYMOND JAMES FINANCIAL SERVICES3 years

Filed as: CARILLON FUNDS

Service code 52

Indirect Investment Fees

DIMENSIONAL FUND ADVISORS3 years

Service code 52

Indirect Investment Fees

FRANKLIN TEMPLETON3 years

Service code 52

Indirect Investment Fees

LOCKTON INVESTMENT ADVISORS, LLC1 year

Filed as: LOCKTON INVESTMENT SECURITIES LLC

Service code 53 · EIN 20-3247391

Insurance Commissions

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Filed as: MASS MUTUAL LIFE INS COMPANY

Service code 49

Other Services

CITIZEN AUTO STAGE COMPANY AND AFFILIATES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CITIZEN AUTO STAGE COMPANY AND AFFILIATES 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