Retirement plan

DREWING AUTOMOTIVE JC EMPLOYEE 401(K) PLAN

Name: GRD 2033, INC. - DREWING AUTOMOTIVE JC EMPLOYEE 401(K) PLAN (2023) Form 5500
Creator: GRD 2033, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DREWING AUTOMOTIVE JC EMPLOYEE 401(K) PLAN, GRD 2033, INC.

GRD 2033, INC.dba SHANNON_HARVEYEIN 87-2769617Plan #002PY 2023

2033 CHRISTY DRIVE - JEFFERSON CITY, MO 65102573-298-4008

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.2M

+47.4% from 2022

Total participants

142

+16.4% from 2022

Average account balance

$41,377

+29.9% from 2022

Annual return

35.82%

+35.82 pp from 2022

Benchmarks

See 2,283 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,283 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.22M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

127

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.

84.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$587K

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

+15.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$265

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 1 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.2+ years Service code 15 · EIN 45-6062081	Recordkeeping	$24,764

Plan features & details

Pension benefit codes2E2J2F2G3D2T

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.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$25K

$198 / participant

Recordkeeping$25K100.0%

% of EOY assets

0.475%

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: BRADY MARTZ & ASSOCIATES, P.C.
Auditor EIN: 450310328
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,377

$54,729-24.4%

$86,235-52.0%

$71,529-42.2%

Participation rate

87.2%

60.1%+27.1pp

69.0%+18.2pp

67.9%+19.3pp

Annual return

35.82%

20.07%+15.7pp

1170.03%-1134.2pp

28.97%+6.8pp

Employer contribution / active EE

$831

$1,267-34.5%

$2,381-65.1%

$2,590-67.9%

Participant deferral / active EE

$4,104

$3,110+31.9%

$3,987+2.9%

$4,291-4.4%

Admin fee / account holder

$197

$1,921-89.8%

$6,856-97.1%

$1,588-87.6%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.2+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$24,764

DREWING AUTOMOTIVE JC EMPLOYEE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DREWING AUTOMOTIVE JC EMPLOYEE 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