Retirement plan

WHOLESALE MOTORS, INC. 401(K) PROFIT SHARING PLAN

Name: JN GROUP, INC. - WHOLESALE MOTORS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: JN GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WHOLESALE MOTORS, INC. 401(K) PROFIT SHARING PLAN, JN GROUP, INC.

JN GROUP, INC.EIN 99-0106809Plan #001PY 2020

2999 N. NIMITZ HIGHWAY - HONOLULU, HI 96819808-831-2519

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.2M

+17.4% from 2019

Total participants

356

+1.1% from 2019

Average account balance

$43,315

+15.4% from 2019

Annual return

19.84%

-5.25 pp from 2019

Benchmarks

See 2,198 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,198 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.81M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

332

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.

82.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$315

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
MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850 PO BOX 1583 · HARTFORD, CT 061441583	Recordkeeping	$49,318
MORGAN STANLEY SMITH BARNEY2 years Service code 49 · EIN 26-4310844	Other Services	$18,697
ALL VALLEY ADMINISTRATORS, LLC6+ years Service code 99 · EIN 77-0536417 7525 N. CEDAR AVE., SUITE 109 · FRESNO, CA 93720	Other Fees	$0
MESIROW FINANCIAL INVESTMENT MANAGE2 years Filed as: MESIROW FINANCIAL INV MGMT Service code 49 · EIN 36-3429599	Other Services	$0
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY INS SVCS Service code 99 · EIN 51-0116113	Other Fees	$0

Plan features & details

Pension benefit codes2E2G2J2K2R3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the 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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$81K

$405 / participant

Investment mgmt$68K83.9%
Contract admin$13K16.1%

% of EOY assets

0.535%

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: CW ASSOCIATES, CPA'S
Auditor EIN: 261659234
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,315

$54,573-20.6%

$90,970-52.4%

$73,497-41.1%

Participation rate

97.0%

61.2%+35.8pp

69.0%+28.0pp

70.7%+26.3pp

Annual return

19.84%

16.69%+3.2pp

134.60%-114.8pp

28.51%-8.7pp

Employer contribution / active EE

$921

$991-7.1%

$2,122-56.6%

$2,270-59.4%

Participant deferral / active EE

$2,208

$2,517-12.3%

$3,373-34.5%

$3,740-41.0%

Admin fee / account holder

$232

$521-55.6%

$5,961-96.1%

$513-54.8%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.6+ years

Filed as: MASS MUTUAL LIFE INSURANCE COMPANY

Service code 15 · EIN 04-1590850

PO BOX 1583 · HARTFORD, CT 061441583

Recordkeeping

$49,318

MORGAN STANLEY SMITH BARNEY2 years

Service code 49 · EIN 26-4310844

Other Services

$18,697

ALL VALLEY ADMINISTRATORS, LLC6+ years

Service code 99 · EIN 77-0536417

7525 N. CEDAR AVE., SUITE 109 · FRESNO, CA 93720

Other Fees

MESIROW FINANCIAL INVESTMENT MANAGE2 years

Filed as: MESIROW FINANCIAL INV MGMT

Service code 49 · EIN 36-3429599

Other Services

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY INS SVCS

Service code 99 · EIN 51-0116113

Other Fees

WHOLESALE MOTORS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WHOLESALE MOTORS, INC. 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