Retirement plan

TOYESCO 401(K) PLAN

Name: TOYOTA OF ESCONDIDO - TOYESCO 401(K) PLAN (2015) Form 5500
Creator: TOYOTA OF ESCONDIDO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOYESCO 401(K) PLAN, TOYOTA OF ESCONDIDO

TOYOTA OF ESCONDIDOEIN 95-3263258Plan #001PY 2015

231 LINCOLN PKWY - ESCONDIDO, CA 92026760-796-3822

Prospect flagsHigh feesLow participationLow employer contribution

How to read this page

Total assets (EOY)

$6.1M

No prior year

Total participants

284

No prior year

Average account balance

$37,613

No prior year

Annual return

1.45%

No prior year

Benchmarks

See 2,153 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,153 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.54M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

323

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.

86.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.09M

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

+13.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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 5 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES INC. Service code 15 · EIN 13-2638166 1285 AVENUE OF AMERICAS · NEW YORK, NY 10019	Recordkeeping	$23,361
WILMINGTON TRUST1+ years Filed as: WILMINGTON TRUST FIDUCIARY SVCS CO Service code 15 · EIN 26-3523944 2800 NORTH CENTRAL AVENUE, SUITE 90 · PHOENIX, AZ 85004	Recordkeeping	$22,653
PREMIER PENSION SOLUTIONS, LLC1+ years Filed as: PREMIER PENSION SOLUTIONS Service code 37 · EIN 20-2274261 PO BOX 7247 · WACO, TX 76714	Loan Processing	$17,066
PREMIER PENSION SOLUTIONS, LLC1+ years Service code 13 · EIN 20-2274261 PO BOX 7247 · WACO, TX 76714	Contract Administrator	$8,581
PRINCIPAL LIFE INSURANCE COMPANY1+ years Service code 13 · EIN 42-0127290 711 HIGH ST · DES MOINES, IA 503920001	Contract Administrator	$1,988

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$66K

$280 / participant

Other / not subdivided$66K100.0%

% of EOY assets

1.079%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,613

$39,245-4.2%

$64,105-41.3%

$52,331-28.1%

Participation rate

48.7%

58.2%-9.5pp

68.2%-19.4pp

68.1%-19.4pp

Annual return

1.45%

14.79%-13.3pp

791.24%-789.8pp

4.54%-3.1pp

Employer contribution / active EE

$736-100.0%

$1,820-100.0%

$1,882-100.0%

Participant deferral / active EE

$2,059

$1,992+3.4%

$2,822-27.0%

$3,022-31.9%

Admin fee / account holder

$406

$592-31.5%

$4,499-91.0%

$592-31.4%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1+ years

Filed as: UBS FINANCIAL SERVICES INC.

Service code 15 · EIN 13-2638166

1285 AVENUE OF AMERICAS · NEW YORK, NY 10019

Recordkeeping

$23,361

WILMINGTON TRUST1+ years

Filed as: WILMINGTON TRUST FIDUCIARY SVCS CO

Service code 15 · EIN 26-3523944

2800 NORTH CENTRAL AVENUE, SUITE 90 · PHOENIX, AZ 85004

Recordkeeping

$22,653

PREMIER PENSION SOLUTIONS, LLC1+ years

Filed as: PREMIER PENSION SOLUTIONS

Service code 37 · EIN 20-2274261

PO BOX 7247 · WACO, TX 76714

Loan Processing

$17,066

PREMIER PENSION SOLUTIONS, LLC1+ years

Service code 13 · EIN 20-2274261

PO BOX 7247 · WACO, TX 76714

Contract Administrator

$8,581

PRINCIPAL LIFE INSURANCE COMPANY1+ years

Service code 13 · EIN 42-0127290

711 HIGH ST · DES MOINES, IA 503920001

Contract Administrator

$1,988

TOYESCO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOYESCO 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