Retirement plan

KAHN TRACTOR & EQUIPMENT, INC. SAVINGS PLAN

Name: KAHN TRACTOR & EQUIPMENT, INC. - KAHN TRACTOR & EQUIPMENT, INC. SAVINGS PLAN (2018) Form 5500
Creator: KAHN TRACTOR & EQUIPMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAHN TRACTOR & EQUIPMENT, INC. SAVINGS PLAN, KAHN TRACTOR & EQUIPMENT, INC.

KAHN TRACTOR & EQUIPMENT, INC.EIN 06-0666774Plan #001PY 2018

520 POND ROAD - N. FRANKLIN, CT 06254860-642-7596

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.3M

-3.0% from 2017

Total participants

+7.1% from 2017

Average account balance

$96,339

-11.1% from 2017

Annual return

-4.34%

-24.48 pp from 2017

Benchmarks

See 9,414 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants25-99

Cohort9,414 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.66M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

61.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$86K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+8.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$63630

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 codes2E2F2G2J2T3D

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.
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

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

$68K

$2437 / participant

Other / not subdivided$68K100.0%

% of EOY assets

2.951%

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

$96,339

$50,958+89.1%

$74,552+29.2%

$64,181+50.1%

Participation rate

78.6%

61.1%+17.5pp

69.1%+9.4pp

69.6%+9.0pp

Annual return

-4.34%

-1.86%-2.5pp

32.53%-36.9pp

7.63%-12.0pp

Employer contribution / active EE

$1,115-100.0%

$1,961-100.0%

$2,381-100.0%

Participant deferral / active EE

$3,550

$2,301+54.2%

$3,108+14.2%

$3,470+2.3%

Admin fee / account holder

$2,843

$4,223-32.7%

$5,060-43.8%

$4,887-41.8%

KAHN TRACTOR & EQUIPMENT, INC. SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAHN TRACTOR & EQUIPMENT, INC. SAVINGS 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