Retirement plan

COULTER AND RIDENOW AFFILIATES 401(K) PLAN

Name: COULTER AND RIDENOW AFFILIATES - COULTER AND RIDENOW AFFILIATES 401(K) PLAN (2018) Form 5500
Creator: COULTER AND RIDENOW AFFILIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COULTER AND RIDENOW AFFILIATES 401(K) PLAN, COULTER AND RIDENOW AFFILIATES

COULTER AND RIDENOW AFFILIATESEIN 86-0081209Plan #003PY 2018

1188 E CAMELBACK RD - PHOENIX, AZ 85014602-264-1188coulterautomotivegroup.comLinkedIn1001-5000 employeesautomotive

Prospect flagsLow assets / participantFailed to transmit contributionsFailed to provide benefit

How to read this page

Total assets (EOY)

$25.3M

+3.5% from 2017

Total participants

2,185

+29.1% from 2017

Average account balance

$13,859

-19.4% from 2017

Annual return

3.57%

-11.87 pp from 2017

Benchmarks

See 346 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort346 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.93M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

328

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.

61.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.29M

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

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$238

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 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL4+ years Service code 37 · EIN 04-2647786	Loan Processing	$142,901
MRA ASSOCIATES USA LLC1 year Service code 27 · EIN 27-1529830	Advisory (Plan)	$59,656
PIETZSCH, BONNETT & WOMACK, P.A.3 years Service code 10 · EIN 81-0574082	Accounting	$21,069
SCHUMANN, ADRIANO & COMPANY, P.L.L4+ years Service code 10 · EIN 27-1419737	Accounting	$18,020

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D3H

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.
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

3 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.

Expense breakdown

Schedule H Part II

Admin total

$242K

$142 / participant

Other / not subdivided$242K100.0%

% of EOY assets

0.955%

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: SCHUMANN, ADRIANO & COMPANY PLLC
Auditor EIN: 271419737
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,859

$33,780-59.0%

$74,551-81.4%

$75,289-81.6%

Participation rate

78.9%

62.7%+16.2pp

69.1%+9.7pp

72.4%+6.4pp

Annual return

3.57%

-1.24%+4.8pp

32.53%-29.0pp

-0.04%+3.6pp

Employer contribution / active EE

$349

$845-58.7%

$1,961-82.2%

$2,405-85.5%

Participant deferral / active EE

$1,803

$1,890-4.6%

$3,108-42.0%

$3,739-51.8%

Admin fee / account holder

$132

$86+53.3%

$5,059-97.4%

$102+29.4%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL4+ years

Service code 37 · EIN 04-2647786

Loan Processing

$142,901

MRA ASSOCIATES USA LLC1 year

Service code 27 · EIN 27-1529830

Advisory (Plan)

$59,656

PIETZSCH, BONNETT & WOMACK, P.A.3 years

Service code 10 · EIN 81-0574082

Accounting

$21,069

SCHUMANN, ADRIANO & COMPANY, P.L.L4+ years

Service code 10 · EIN 27-1419737

Accounting

$18,020

COULTER AND RIDENOW AFFILIATES 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COULTER AND RIDENOW AFFILIATES 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