Retirement plan

AMC 401(K) PLAN

Name: HALREC, INC. DBA STEVENS CREEK TOYOTA - AMC 401(K) PLAN (2018) Form 5500
Creator: HALREC, INC. DBA STEVENS CREEK TOYOTA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AMC 401(K) PLAN, HALREC, INC. DBA STEVENS CREEK TOYOTA

HALREC, INC. DBA STEVENS CREEK TOYOTAEIN 94-1441982Plan #001PY 2018

P.O. BOX 9099, 4490 STEVENS CREEK BLVD. - SAN JOSE, CA 95129406-260-9300stevenscreektoyota.comLinkedIn201-500 employeesretail

Prospect flagsLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$16.4M

-5.2% from 2017

Total participants

542

+27.2% from 2017

Average account balance

$47,321

-19.7% from 2017

Annual return

-6.08%

-31.06 pp from 2017

Benchmarks

See 1,272 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,272 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.32M

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.

655

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.

54.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.92M

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

+15.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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
KARP CAPITAL MANAGEMENT4+ years Service code 26 · EIN 20-1159707 2269 CHESTNUT ST #308 · SAN FRANCISCO, CA 94123	Advisory (Participants)	$47,485
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Service code 15 · EIN 01-0233346	Recordkeeping	$2,212
PRIMARK BENEFITS4+ years Service code 13 2001 N MAIN STREET · BURLINGAME, CA 94010	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

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

$43K

$87 / participant

Investment mgmt$43K100.0%

% of EOY assets

0.261%

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: SILICON VALLEY ACCOUNTANCY CORP
Auditor EIN: 770573994
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,321

$35,485+33.4%

$74,552-36.5%

$55,725-15.1%

Participation rate

60.1%

62.5%-2.5pp

69.1%-9.1pp

70.9%-10.8pp

Annual return

-6.08%

0.72%-6.8pp

32.53%-38.6pp

244.93%-251.0pp

Employer contribution / active EE

$391

$777-49.7%

$1,961-80.1%

$2,078-81.2%

Participant deferral / active EE

$2,499

$2,181+14.6%

$3,108-19.6%

$3,356-25.5%

Admin fee / account holder

$123

$114+7.9%

$5,060-97.6%

$115+7.1%

Provider

Service type

Compensation

KARP CAPITAL MANAGEMENT4+ years

Service code 26 · EIN 20-1159707

2269 CHESTNUT ST #308 · SAN FRANCISCO, CA 94123

Advisory (Participants)

$47,485

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Service code 15 · EIN 01-0233346

Recordkeeping

$2,212

PRIMARK BENEFITS4+ years

Service code 13

2001 N MAIN STREET · BURLINGAME, CA 94010

Contract Administrator

AMC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AMC 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