Retirement plan

THE NIELLO COMPANY 401(K) PLAN & TRUST

Name: THE NIELLO COMPANY - THE NIELLO COMPANY 401(K) PLAN & TRUST (2016) Form 5500
Creator: THE NIELLO COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE NIELLO COMPANY 401(K) PLAN & TRUST, THE NIELLO COMPANY

THE NIELLO COMPANYEIN 94-2636553Plan #001PY 2016

1481 RIVER PARK DR - SACRAMENTO, CA 95815916-334-6300niello.comLinkedIn501-1000 employeesautomotive

Other plans on this EIN

1 filing

#002Retirement-$663K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$31.5M

No prior year

Total participants

602

No prior year

Average account balance

$59,442

No prior year

Annual return

7.00%

No prior year

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

$65.07M

Not enough data

1 years with asset history on file

Average account balance

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

$97K

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.

672

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.

81.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.38M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+14.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$293

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
CAPFINANCIAL PARTNERS LLC1+ years Filed as: CAPTRUST FIANCIAL ADVISORS Service code 26 8031 M-15 · CLARKSTON, MI 48348	Advisory (Participants)	$128,680
FREEDOM ONE RETIREMENT SERVICES LLC1+ years Service code 15 8031 M-15 · CLARKSTON, MI 48348	Recordkeeping	$28,814
NATIONAL FINANCIAL SERVICES1+ years Filed as: NATIONAL FINANCIAL SERVICES LLC Service code 19 · EIN 04-3523567	Securities Custodian	$11,847

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$168K

$316 / participant

Investment mgmt$129K76.6%
Contract admin$29K17.2%
Other / not subdivided$10K6.2%

% of EOY assets

0.533%

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: POMARES & CO.
Auditor EIN: 941539492
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,442

$37,044+60.5%

$71,796-17.2%

$57,658+3.1%

Participation rate

86.4%

61.1%+25.3pp

69.1%+17.3pp

70.2%+16.2pp

Annual return

7.00%

12.64%-5.6pp

78.04%-71.0pp

5.13%+1.9pp

Employer contribution / active EE

$1,204

$720+67.1%

$1,924-37.5%

$1,974-39.0%

Participant deferral / active EE

$5,403

$1,974+173.7%

$2,794+93.4%

$3,061+76.6%

Admin fee / account holder

$317

$101+213.9%

$4,815-93.4%

$95+235.2%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC1+ years

Filed as: CAPTRUST FIANCIAL ADVISORS

Service code 26

8031 M-15 · CLARKSTON, MI 48348

Advisory (Participants)

$128,680

FREEDOM ONE RETIREMENT SERVICES LLC1+ years

Service code 15

8031 M-15 · CLARKSTON, MI 48348

Recordkeeping

$28,814

NATIONAL FINANCIAL SERVICES1+ years

Filed as: NATIONAL FINANCIAL SERVICES LLC

Service code 19 · EIN 04-3523567

Securities Custodian

$11,847

THE NIELLO COMPANY 401(K) PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE NIELLO COMPANY 401(K) PLAN & TRUST

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