Retirement plan

YOUNGS MOBIL CORPORATION 401(K) PROFIT SHARING PLAN

Name: YOUNGS MOBIL CORPORATION - YOUNGS MOBIL CORPORATION 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: YOUNGS MOBIL CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YOUNGS MOBIL CORPORATION 401(K) PROFIT SHARING PLAN, YOUNGS MOBIL CORPORATION

YOUNGS MOBIL CORPORATIONEIN 95-4174118Plan #004PY 2022

15948 ROXFORD STREET - SYLMAR, CA 91342818-367-4231

Other plans on this EIN

1 filing

#005Retirement-$761K assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.8M

-14.3% from 2021

Total participants

+10.0% from 2021

Average account balance

$159,344

-22.1% from 2021

Annual return

-15.56%

-24.10 pp from 2021

Benchmarks

See 21,416 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort21,416 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.55M

Not enough data

1 years with asset history on file

Average account balance

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

$232K

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.

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$128K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9067

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

1 tripped

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

$64K

$10637 / participant

Other / not subdivided$64K100.0%

% of EOY assets

3.641%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$159,344

$95,895+66.2%

$79,576+100.2%

$134,509+18.5%

Participation rate

100.0%

75.0%+25.0pp

69.5%+30.5pp

81.2%+18.8pp

Annual return

-15.56%

-2.72%-12.8pp

0.15%-15.7pp

418.13%-433.7pp

Employer contribution / active EE

$2,435

$3,128-22.2%

$2,413+0.9%

$4,741-48.6%

Participant deferral / active EE

$12,417

$4,693+164.6%

$3,985+211.6%

$6,400+94.0%

Admin fee / account holder

$5,802

$9,129-36.4%

$6,834-15.1%

$11,427-49.2%

YOUNGS MOBIL CORPORATION 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

YOUNGS MOBIL CORPORATION 401(K) 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