Retirement plan

PACIFIC DEALERSHIP GROUP EMPLOYEES PROFIT SHARING PLAN

Name: FINCHEY CORPORATION OF CALIFORNIA DBA PACIFIC BMW - PACIFIC DEALERSHIP GROUP EMPLOYEES PROFIT SHARING PLAN (2016) Form 5500
Creator: FINCHEY CORPORATION OF CALIFORNIA DBA PACIFIC BMW
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PACIFIC DEALERSHIP GROUP EMPLOYEES PROFIT SHARING PLAN, FINCHEY CORPORATION OF CALIFORNIA DBA PACIFIC BMW

FINCHEY CORPORATION OF CALIFORNIA DBA PACIFIC BMWEIN 95-3667884Plan #002PY 2016

800 S. BRAND BOULEVARD - GLENDALE, CA 912042106818-246-5600

Prospect flagsLow employer contributionLow participant contributionWind-down / frozen

How to read this page

Total assets (EOY)

$11.1M

No prior year

Total participants

151

No prior year

Average account balance

$94,185

No prior year

Annual return

8.73%

No prior year

Benchmarks

See 2,356 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,356 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.11M

Not enough data

1 years with asset history on file

Average account balance

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

$101K

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.

200

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.

97.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+11.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$134

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 2 by compensation

Provider	Service type	Compensation
BENEFIT STRATEGIES, INC.1+ years Service code 13 · EIN 95-4502094 16921 PARTHENIA STREET · NORTH HILLS, CA 91343	Contract Administrator	$10,810
PENSION ASSURANCE LLP1+ years Service code 10 · EIN 30-0840934 5530 CORBIN AVENUE · WOODLAND HILLS, CA 91356	Accounting	$5,300

Plan features & details

Pension benefit codes2A2E3H3D

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$16K

$122 / participant

Investment mgmt$1861.1%
Contract admin$16K98.9%

% of EOY assets

0.147%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PENSION ASSURANCE LLP
Auditor EIN: 300840934
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$94,185

$42,546+121.4%

$71,796+31.2%

$55,167+70.7%

Participation rate

75.4%

59.1%+16.3pp

69.1%+6.3pp

69.0%+6.4pp

Annual return

8.73%

12.36%-3.6pp

78.04%-69.3pp

169.23%-160.5pp

Employer contribution / active EE

$803-100.0%

$1,924-100.0%

$1,963-100.0%

Participant deferral / active EE

$2,064-100.0%

$2,794-100.0%

$3,054-100.0%

Admin fee / account holder

$138

$650-78.7%

$4,815-97.1%

$504-72.6%

Provider

Service type

Compensation

BENEFIT STRATEGIES, INC.1+ years

Service code 13 · EIN 95-4502094

16921 PARTHENIA STREET · NORTH HILLS, CA 91343

Contract Administrator

$10,810

PENSION ASSURANCE LLP1+ years

Service code 10 · EIN 30-0840934

5530 CORBIN AVENUE · WOODLAND HILLS, CA 91356

Accounting

$5,300

PACIFIC DEALERSHIP GROUP EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PACIFIC DEALERSHIP GROUP EMPLOYEES PROFIT SHARING 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