Retirement plan

BAXTER AUTO PARTS, INC. 401(K) PLAN

Name: BAXTER AUTO PARTS, INC. - BAXTER AUTO PARTS, INC. 401(K) PLAN (2018) Form 5500
Creator: BAXTER AUTO PARTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAXTER AUTO PARTS, INC. 401(K) PLAN, BAXTER AUTO PARTS, INC.

BAXTER AUTO PARTS, INC.EIN 93-0509681Plan #002PY 2018

9444 N. WHITAKER ROAD - PORTLAND, OR 97217503-285-2548baxterautoparts.comLinkedIn201-500 employeesretail

Prospect flagsLow participationLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$4.2M

-20.2% from 2017

Total participants

224

-21.4% from 2017

Average account balance

$35,878

-9.2% from 2017

Annual return

-6.65%

-19.20 pp from 2017

Benchmarks

See 2,219 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,219 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.53M

Not enough data

1 years with asset history on file

Average account balance

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

$55K

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.

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.

53.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$133K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+9.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$11191

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

0 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
PREISZ ASSOCIATES1 year Service code 27 4525 SW CONDOR AVE · PORTLAND, OR 97239	Advisory (Plan)	$9,906
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$8,971
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 55 · EIN 95-2834236 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121	Other Commissions	$5,116
PENSION ASSURANCE LLP2 years Filed as: PENSION PLANNERS NORTHWEST Service code 49 1600 VALLEY RIVER DR STE 340 · EUGENE, OR 97401	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$19K

$107 / participant

Investment mgmt$10K52.5%
Contract admin$9K47.5%

% of EOY assets

0.454%

all-in expense ratio

Categories reported

2 / 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: CLIFTONLARSONALLEN LLP
Auditor EIN: 410746749
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,878

$42,548-15.7%

$74,551-51.9%

$56,289-36.3%

Participation rate

39.0%

60.5%-21.5pp

69.1%-30.2pp

69.9%-30.9pp

Annual return

-6.65%

12.40%-19.0pp

32.53%-39.2pp

-9.96%+3.3pp

Employer contribution / active EE

$310

$855-63.7%

$1,961-84.2%

$2,111-85.3%

Participant deferral / active EE

$916

$2,277-59.8%

$3,108-70.5%

$3,350-72.6%

Admin fee / account holder

$163

$467-65.2%

$5,059-96.8%

$521-68.8%

Provider

Service type

Compensation

PREISZ ASSOCIATES1 year

Service code 27

4525 SW CONDOR AVE · PORTLAND, OR 97239

Advisory (Plan)

$9,906

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$8,971

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL LLC

Service code 55 · EIN 95-2834236

4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121

Other Commissions

$5,116

PENSION ASSURANCE LLP2 years

Filed as: PENSION PLANNERS NORTHWEST

Service code 49

1600 VALLEY RIVER DR STE 340 · EUGENE, OR 97401

Other Services

BAXTER AUTO PARTS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAXTER AUTO PARTS, INC. 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