Retirement plan

FRESNO TRUCK CENTER 401(K) PLAN

Name: FRESNO TRUCK CENTER - FRESNO TRUCK CENTER 401(K) PLAN (2016) Form 5500
Creator: FRESNO TRUCK CENTER
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FRESNO TRUCK CENTER 401(K) PLAN, FRESNO TRUCK CENTER

FRESNO TRUCK CENTEREIN 94-1450759Plan #002PY 2016

2727 E CENTRAL AVENUE - FRESNO, CA 93725559-486-4310LinkedIn1-10 employeesmedical practice

Other plans on this EIN

1 filing

#001Retirement-$26.4M assets

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$6.7M

+14.3% from 2015

Total participants

442

+6.0% from 2015

Average account balance

$31,151

-2.1% from 2015

Annual return

7.22%

+8.77 pp from 2015

Benchmarks

See 1,184 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,184 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$27.33M

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.

493

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.

60.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.67M

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

+15.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$249

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
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$2,205
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984	Other Services	$0
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS Service code 49 5200 N. PALM AVE, STE. 101 · FRESNO, CA 93704	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$2K

$5 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.033%

all-in expense ratio

Categories reported

0 / 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: DEMERA DEMERA CAMERON
Auditor EIN: 942504252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,151

$37,044-15.9%

$71,796-56.6%

$57,658-46.0%

Participation rate

44.5%

61.1%-16.6pp

69.1%-24.6pp

70.2%-25.8pp

Annual return

7.22%

12.64%-5.4pp

78.04%-70.8pp

5.13%+2.1pp

Employer contribution / active EE

$720-100.0%

$1,924-100.0%

$1,974-100.0%

Participant deferral / active EE

$2,534

$1,974+28.3%

$2,794-9.3%

$3,061-17.2%

Admin fee / account holder

$10

$101-89.9%

$4,815-99.8%

$95-89.2%

Provider

Service type

Compensation

ADP BROKER-DEALER2+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$2,205

ADP BROKER-DEALER2+ years

Service code 49 · EIN 22-3319984

Other Services

UBS FINANCIAL SERVICES INC2+ years

Filed as: UBS

Service code 49

5200 N. PALM AVE, STE. 101 · FRESNO, CA 93704

Other Services

FRESNO TRUCK CENTER 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FRESNO TRUCK CENTER 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