Retirement plan

KINSLEY GROUP 401(K) PLAN

Name: KINSLEY GROUP, INC. FKA, KINSLEY EQUIPMENT - KINSLEY GROUP 401(K) PLAN (2019) Form 5500
Creator: KINSLEY GROUP, INC. FKA, KINSLEY EQUIPMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINSLEY GROUP 401(K) PLAN, KINSLEY GROUP, INC. FKA, KINSLEY EQUIPMENT

KINSLEY GROUP, INC. FKA, KINSLEY EQUIPMENTEIN 04-2430816Plan #001PY 2019

14 CONNECTICUT SOUTH DRIVE - EAST GRANBY, CT 060269738860-844-2235kinsley-group.comLinkedIn51-200 employeesoil & energy

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$5.3M

+30.8% from 2018

Total participants

154

+10.0% from 2018

Average account balance

$34,770

+16.1% from 2018

Annual return

23.43%

+29.32 pp from 2018

Benchmarks

See 2,364 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,364 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.44M

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

243

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.48M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+15.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$560

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 3 by compensation

Provider	Service type	Compensation
COMMONWEALTH FINANCIAL NETWORK2 years Service code 27	Advisory (Plan)	$17,090
PRINCIPAL LIFE INSURANCE COMPANY2 years Service code 13 · EIN 42-0127290	Contract Administrator	$2,925
COMMONWEALTH FINANCIAL NETWORK1 year Filed as: COMMONWEALTHKFINANCIAL NETWORK Service code 27 · EIN 04-2675571	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2J2S2F2G3D3H

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

$3K

$24 / participant

Contract admin$3K100.0%

% of EOY assets

0.056%

all-in expense ratio

Categories reported

1 / 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: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$34,770

$86,332-59.7%

$125,180-72.2%

$65,185-46.7%

Participation rate

97.6%

75.3%+22.2pp

79.8%+17.8pp

70.2%+27.4pp

Annual return

23.43%

27.43%-4.0pp

43.79%-20.4pp

29.38%-6.0pp

Employer contribution / active EE

$2,442

$2,040+19.7%

$3,866-36.8%

$2,177+12.2%

Participant deferral / active EE

$5,253

$3,537+48.5%

$4,937+6.4%

$3,514+49.5%

Admin fee / account holder

$19

$609-96.8%

$9,703-99.8%

$847-97.7%

Provider

Service type

Compensation

COMMONWEALTH FINANCIAL NETWORK2 years

Service code 27

Advisory (Plan)

$17,090

PRINCIPAL LIFE INSURANCE COMPANY2 years

Service code 13 · EIN 42-0127290

Contract Administrator

$2,925

COMMONWEALTH FINANCIAL NETWORK1 year

Filed as: COMMONWEALTHKFINANCIAL NETWORK

Service code 27 · EIN 04-2675571

Advisory (Plan)

KINSLEY GROUP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINSLEY GROUP 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