Retirement plan

BROWN BEAR CAR WASH 401(K) PLAN

Name: CAR WASH ENTERPRISES, INC. - BROWN BEAR CAR WASH 401(K) PLAN (2018) Form 5500
Creator: CAR WASH ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BROWN BEAR CAR WASH 401(K) PLAN, CAR WASH ENTERPRISES, INC.

CAR WASH ENTERPRISES, INC.dba BROWN BEAR CAR WASHEIN 91-0666066Plan #003PY 2018

3977 LEARY WAY NW - SEATTLE, WA 98107206-789-3700

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$5.4M

-2.9% from 2017

Total participants

235

+6.8% from 2017

Average account balance

$41,783

+0.9% from 2017

Annual return

-6.47%

-20.75 pp from 2017

Benchmarks

See 1,738 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,738 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.49M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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.

130

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.

17.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.05M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+10.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$196

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 2 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TRANSAMERICA RETIREMENT SOLUTIONS, Service code 15 · EIN 13-3689044	Recordkeeping	$11,470
M HOLDING SECURITIES, INC.2 years Filed as: M HOLDING SECURITIES INC Service code 22 · EIN 91-1802259	Insurance Broker	$7,343

Plan features & details

Pension benefit codes2E2F2G2J2J2T3D

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$21K

$101 / participant

Investment mgmt$5K22.9%
Other / not subdivided$16K77.1%

% of EOY assets

0.392%

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: MOSS ADAMS LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$41,783

$44,873-6.9%

$79,467-47.4%

$56,289-25.8%

Participation rate

49.5%

68.7%-19.2pp

73.3%-23.8pp

69.9%-20.3pp

Annual return

-6.47%

0.81%-7.3pp

718.30%-724.8pp

-9.96%+3.5pp

Employer contribution / active EE

$1,109

$2,140-48.2%

$2,800-60.4%

$2,111-47.5%

Participant deferral / active EE

$2,204

$2,746-19.7%

$3,704-40.5%

$3,350-34.2%

Admin fee / account holder

$164

$418-60.8%

$5,104-96.8%

$521-68.5%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TRANSAMERICA RETIREMENT SOLUTIONS,

Service code 15 · EIN 13-3689044

Recordkeeping

$11,470

M HOLDING SECURITIES, INC.2 years

Filed as: M HOLDING SECURITIES INC

Service code 22 · EIN 91-1802259

Insurance Broker

$7,343

BROWN BEAR CAR WASH 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BROWN BEAR CAR WASH 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