Retirement plan

TOYOTA OF ORANGE 401(K) PLAN AND TRUST

Name: TOYOTA OF ORANGE, INC. - TOYOTA OF ORANGE 401(K) PLAN AND TRUST (2020) Form 5500
Creator: TOYOTA OF ORANGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOYOTA OF ORANGE 401(K) PLAN AND TRUST, TOYOTA OF ORANGE, INC.

TOYOTA OF ORANGE, INC.EIN 95-2746122Plan #002PY 2020

1400 N. TUSTIN AVENUE - ORANGE, CA 92867714-639-6750

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$104.1M

+14.2% from 2019

Total participants

1,763

-0.3% from 2019

Average account balance

$61,071

+13.8% from 2019

Annual return

15.05%

-4.94 pp from 2019

Benchmarks

See 348 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants1,000-4,999

Cohort348 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$135.12M

Not enough data

1 years with asset history on file

Average account balance

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

$67K

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.

2,011

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$123

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 10 of 17 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 49 · EIN 04-1590850	Other Services	$301,710
BURNHAM GIBSON WEALTH ADVISORS, INC5 years Service code 27 · EIN 47-5476782	Advisory (Plan)	$59,133
ADMINISTRATIVE FIDUCIARY SERVICES3 years Service code 15 · EIN 46-2919997	Recordkeeping	$25,265
LANCE SOLL & LUNGHARD LLP2 years Filed as: LANCE, SOLL, & LUNGHARD, LLP Service code 10 · EIN 95-2700123	Accounting	$10,950
ALTA TRUST3 years Service code 52 · EIN 59-2385219	Indirect Investment Fees	$0
AMERICAN CENTURY3 years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
AMERICAN FUNDS3 years Service code 52 · EIN 95-2817150	Indirect Investment Fees	$0
BLACKROCK3 years Service code 52 · EIN 51-0318674	Indirect Investment Fees	$0
RAYMOND JAMES FINANCIAL SERVICES2 years Filed as: CARILLON FUNDS Service code 52 · EIN 59-2385219	Indirect Investment Fees	$0
COLUMBIA3 years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2T3D3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$402K

$261 / participant

Investment mgmt$311K77.3%
Contract admin$50K12.5%
Other / not subdivided$41K10.2%

% of EOY assets

0.386%

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: LANCE, SOLL & LUNGHARD
Auditor EIN: 952700123
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,071

$43,466+40.5%

$90,970-32.9%

$90,274-32.3%

Participation rate

96.2%

62.5%+33.8pp

69.0%+27.2pp

73.4%+22.9pp

Annual return

15.05%

25.26%-10.2pp

134.60%-119.5pp

53.97%-38.9pp

Employer contribution / active EE

$1,176

$840+40.0%

$2,122-44.6%

$2,523-53.4%

Participant deferral / active EE

$3,798

$2,138+77.7%

$3,373+12.6%

$4,231-10.2%

Admin fee / account holder

$236

$92+156.4%

$5,961-96.0%

$114+106.5%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 49 · EIN 04-1590850

Other Services

$301,710

BURNHAM GIBSON WEALTH ADVISORS, INC5 years

Service code 27 · EIN 47-5476782

Advisory (Plan)

$59,133

ADMINISTRATIVE FIDUCIARY SERVICES3 years

Service code 15 · EIN 46-2919997

Recordkeeping

$25,265

LANCE SOLL & LUNGHARD LLP2 years

Filed as: LANCE, SOLL, & LUNGHARD, LLP

Service code 10 · EIN 95-2700123

Accounting

$10,950

ALTA TRUST3 years

Service code 52 · EIN 59-2385219

Indirect Investment Fees

AMERICAN CENTURY3 years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

AMERICAN FUNDS3 years

Service code 52 · EIN 95-2817150

Indirect Investment Fees

BLACKROCK3 years

Service code 52 · EIN 51-0318674

Indirect Investment Fees

RAYMOND JAMES FINANCIAL SERVICES2 years

Filed as: CARILLON FUNDS

Service code 52 · EIN 59-2385219

Indirect Investment Fees

COLUMBIA3 years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

TOYOTA OF ORANGE 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOYOTA OF ORANGE 401(K) PLAN AND 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