Retirement plan

TOYOTA OF VANCOUVER 401(K) PROFIT SHARING PLAN

Name: MCCORD'S VANCOUVER AUTO CENTER, INC. - TOYOTA OF VANCOUVER 401(K) PROFIT SHARING PLAN (2016) Form 5500
Creator: MCCORD'S VANCOUVER AUTO CENTER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOYOTA OF VANCOUVER 401(K) PROFIT SHARING PLAN, MCCORD'S VANCOUVER AUTO CENTER, INC.

MCCORD'S VANCOUVER AUTO CENTER, INC.EIN 91-1180183Plan #002PY 2016

10455 NE 53RD STREET - VANCOUVER, WA 98662360-253-4440LinkedIn51-200 employeesretail

Prospect flagsLow assets / participantLow fidelity bond

How to read this page

Total assets (EOY)

$2.5M

+30.3% from 2015

Total participants

162

+18.2% from 2015

Average account balance

$15,448

+10.9% from 2015

Annual return

6.77%

+8.87 pp from 2015

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.52M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

205

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.12M

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

+10.07%

Not enough data

1 years with return on file

Admin fee / account holder

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

$428

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 3 by compensation

Provider	Service type	Compensation
CLS INVESTMENTS1 year Service code 22 17605 WRIGHT ST. · OMAHA, NE 68130	Insurance Broker	$6,869
NATIONWIDE2+ years Service code 15 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Recordkeeping	$6,590
LPL FINANCIAL1 year Filed as: LPL FINANCIAL LLC-RPCP Service code 22 PO BOX 502533 · SAN DIEGO, CA 921502533	Insurance Broker	$4,232

Plan features & details

Pension benefit codes2E2F2G2J3D2T

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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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

$19K

$133 / participant

Contract admin$7K35.0%
Other / not subdivided$12K65.0%

% of EOY assets

0.756%

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: WORTHY & COMPANY, LLC
Auditor EIN: 208092242
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$15,448

$42,546-63.7%

$71,796-78.5%

$55,167-72.0%

Participation rate

99.3%

59.1%+40.2pp

69.1%+30.2pp

69.0%+30.3pp

Annual return

6.77%

12.36%-5.6pp

78.04%-71.3pp

169.23%-162.5pp

Employer contribution / active EE

$2,268

$803+182.3%

$1,924+17.8%

$1,963+15.5%

Participant deferral / active EE

$1,198

$2,064-42.0%

$2,794-57.1%

$3,054-60.8%

Admin fee / account holder

$117

$650-82.0%

$4,815-97.6%

$504-76.8%

Provider

Service type

Compensation

CLS INVESTMENTS1 year

Service code 22

17605 WRIGHT ST. · OMAHA, NE 68130

Insurance Broker

$6,869

NATIONWIDE2+ years

Service code 15 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Recordkeeping

$6,590

LPL FINANCIAL1 year

Filed as: LPL FINANCIAL LLC-RPCP

Service code 22

PO BOX 502533 · SAN DIEGO, CA 921502533

Insurance Broker

$4,232

TOYOTA OF VANCOUVER 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOYOTA OF VANCOUVER 401(K) 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