Retirement plan

BUD CLARY AUTOMOTIVE GROUP 401(K) PLAN

Name: BUD CLARY CHEVROLET,INC. - BUD CLARY AUTOMOTIVE GROUP 401(K) PLAN (2017) Form 5500
Creator: BUD CLARY CHEVROLET,INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUD CLARY AUTOMOTIVE GROUP 401(K) PLAN, BUD CLARY CHEVROLET,INC.

BUD CLARY CHEVROLET,INC.EIN 91-0699054Plan #001PY 2017

P.O. BOX 127 - LONGVIEW, WA 98632budclarychevrolet.comLinkedIn1-10 employeesaccounting

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$6.5M

+14.1% from 2016

Total participants

278

+30.5% from 2016

Average account balance

$34,283

+15.9% from 2016

Annual return

16.16%

+2.09 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.00M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

615

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.

87.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.33M

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

+13.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$217

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
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850	Indirect Investment Fees	$17,744
CONOVER CAPITAL MANAGEMENT1 year Service code 27 · EIN 91-2163005	Advisory (Plan)	$0
GEFFEN MESHER1 year Service code 10 · EIN 93-1042710	Accounting	$0
HUNNEX AND SHOEMAKER, INC.1 year Filed as: HUNNEX AND SHOEMAKER Service code 14	Plan Administrator	$0

Plan features & details

Pension benefit codes2F2G2J2K3D

Plan features

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$18K

$89 / participant

Contract admin$18K100.0%

% of EOY assets

0.272%

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: GEFFEN MESHER & COMPANY P.C.
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,283

$51,466-33.4%

$78,778-56.5%

$62,293-45.0%

Participation rate

56.0%

59.8%-3.8pp

69.2%-13.2pp

69.5%-13.5pp

Annual return

16.16%

19.96%-3.8pp

35.62%-19.5pp

28.90%-12.7pp

Employer contribution / active EE

$242

$827-70.8%

$1,986-87.8%

$2,042-88.2%

Participant deferral / active EE

$2,899

$2,147+35.0%

$2,958-2.0%

$3,169-8.5%

Admin fee / account holder

$93

$489-80.9%

$5,134-98.2%

$479-80.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$17,744

CONOVER CAPITAL MANAGEMENT1 year

Service code 27 · EIN 91-2163005

Advisory (Plan)

GEFFEN MESHER1 year

Service code 10 · EIN 93-1042710

Accounting

HUNNEX AND SHOEMAKER, INC.1 year

Filed as: HUNNEX AND SHOEMAKER

Service code 14

Plan Administrator

BUD CLARY AUTOMOTIVE GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUD CLARY AUTOMOTIVE GROUP 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