Retirement plan

JACO OIL COMPANY 401K RETIREMENT PLAN

Name: JACO OIL COMPANY - JACO OIL COMPANY 401K RETIREMENT PLAN (2021) Form 5500
Creator: JACO OIL COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JACO OIL COMPANY 401K RETIREMENT PLAN, JACO OIL COMPANY

JACO OIL COMPANYEIN 95-2667602Plan #001PY 2021

3101 STATE ROAD - BAKERSFIELD, CA 933802515661-393-7000LinkedIn1-10 employeesaccounting

Prospect flagsLow returnsHigh cashLow participation

How to read this page

Total assets (EOY)

$9.7M

+12.8% from 2020

Total participants

184

-19.7% from 2020

Average account balance

$103,231

+29.6% from 2020

Annual return

9.48%

-18.14 pp from 2020

Benchmarks

See 2,170 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,170 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.03M

Not enough data

1 years with asset history on file

Average account balance

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

$74K

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.

150

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.

66.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$630K

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

+25.92%

Not enough data

1 years with return on file

Admin fee / account holder

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

$16

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
DANIELLS PHILLIPS VAUGHAN & BOCK1 year Service code 10 · EIN 95-2972229	Accounting	$9,300
FIDELITY INVESTMENTS INSTITUTIONAL5 years Filed as: FIDELITY INVESTMENTS INSTITUTIONA Service code 37 · EIN 04-2647786	Loan Processing	$813

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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 returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$10K

$62 / participant

Other / not subdivided$10K100.0%

% of EOY assets

0.106%

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: DANIELLS PHILLIPS VAUGHAN & BOCK
Auditor EIN: 952972229
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$103,231

$59,220+74.3%

$96,570+6.9%

$79,391+30.0%

Participation rate

45.5%

61.9%-16.4pp

69.8%-24.4pp

70.7%-25.3pp

Annual return

9.48%

27.08%-17.6pp

37.79%-28.3pp

116.88%-107.4pp

Employer contribution / active EE

$2,062

$1,216+69.5%

$2,357-12.5%

$2,428-15.1%

Participant deferral / active EE

$3,754

$2,948+27.3%

$3,849-2.5%

$4,046-7.2%

Admin fee / account holder

$109

$659-83.4%

$6,182-98.2%

$627-82.6%

Provider

Service type

Compensation

DANIELLS PHILLIPS VAUGHAN & BOCK1 year

Service code 10 · EIN 95-2972229

Accounting

$9,300

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Filed as: FIDELITY INVESTMENTS INSTITUTIONA

Service code 37 · EIN 04-2647786

Loan Processing

$813

JACO OIL COMPANY 401K RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JACO OIL COMPANY 401K RETIREMENT 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