Retirement plan

JOHN AGUILAR & COMPANY, INC. PROFIT SHARING 401(K) PLAN

Name: JOHN AGUILAR & COMPANY, INC. DBA VERNON TRANSPORTATION - JOHN AGUILAR & COMPANY, INC. PROFIT SHARING 401(K) PLAN (2019) Form 5500
Creator: JOHN AGUILAR & COMPANY, INC. DBA VERNON TRANSPORTATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JOHN AGUILAR & COMPANY, INC. PROFIT SHARING 401(K) PLAN, JOHN AGUILAR & COMPANY, INC. DBA VERNON TRANSPORTATION

JOHN AGUILAR & COMPANY, INC. DBA VERNON TRANSPORTATIONEIN 95-4118080Plan #001PY 2019

P.O. BOX 31450 - STOCKTON, CA 95206209-546-0171

Prospect flagsHigh feesRecently reached 100 employeesFailed to transmit contributions

How to read this page

Total assets (EOY)

$3.4M

+30.2% from 2018

Total participants

133

+19.8% from 2018

Average account balance

$32,066

-6.3% from 2018

Annual return

27.36%

+29.43 pp from 2018

Benchmarks

See 1,095 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,095 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.72M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

162

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.

87.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$924K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+12.78%

Not enough data

1 years with return on file

Admin fee / account holder

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

$381

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
FIDELITY INVESTMENTS INSTITUTIONAL1 year Service code 37 · EIN 04-2647786	Loan Processing	$17,074
MOSS ADAMS LLP1 year Filed as: MOSS ADAMS, LLP Service code 16 · EIN 91-0189318 PO BOX 101822 · PASADENA, CA 91189	Consulting	$15,243

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$32K

$276 / participant

Other / not subdivided$32K100.0%

% of EOY assets

0.942%

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: KEMPER CPA GROUP LLP
Auditor EIN: 370818432
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,066

$47,922-33.1%

$75,894-57.7%

$65,185-50.8%

Participation rate

77.8%

63.0%+14.8pp

69.3%+8.5pp

70.2%+7.6pp

Annual return

27.36%

24.12%+3.2pp

30.76%-3.4pp

29.38%-2.0pp

Employer contribution / active EE

$747

$1,557-52.0%

$2,501-70.1%

$2,177-65.7%

Participant deferral / active EE

$3,069

$2,550+20.3%

$3,603-14.8%

$3,514-12.7%

Admin fee / account holder

$302

$532-43.2%

$5,420-94.4%

$847-64.3%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Service code 37 · EIN 04-2647786

Loan Processing

$17,074

MOSS ADAMS LLP1 year

Filed as: MOSS ADAMS, LLP

Service code 16 · EIN 91-0189318

PO BOX 101822 · PASADENA, CA 91189

Consulting

$15,243

JOHN AGUILAR & COMPANY, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN AGUILAR & COMPANY, INC. PROFIT SHARING 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