Retirement plan

KAESTLE BOOS ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Name: KAESTLE BOOS ASSOCIATES, INC. - KAESTLE BOOS ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: KAESTLE BOOS ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAESTLE BOOS ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN, KAESTLE BOOS ASSOCIATES, INC.

KAESTLE BOOS ASSOCIATES, INC.EIN 06-0866741Plan #002PY 2024

416 SLATER ROAD - NEW BRITAIN, CT 06053860-229-0361

Other plans on this EIN

1 filing

#003Retirement-$23.2M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$9.8M

+13.4% from 2023

Total participants

-5.9% from 2023

Average account balance

$134,723

+13.4% from 2023

Annual return

17.22%

-4.38 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.83M

Not enough data

1 years with asset history on file

Average account balance

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

$135K

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.

114.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$436K

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

+17.22%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10961

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 codes2E2F2G2J3D

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.
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

$800K

$12502 / participant

Other / not subdivided$800K100.0%

% of EOY assets

8.136%

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

$134,723

$102,385+31.6%

$147,080-8.4%

$80,935+66.5%

Participation rate

89.1%

75.9%+13.2pp

82.2%+6.9pp

67.7%+21.4pp

Annual return

17.22%

135.09%-117.9pp

420.17%-402.9pp

35.66%-18.4pp

Employer contribution / active EE

$3,717-100.0%

$4,933-100.0%

$2,757-100.0%

Participant deferral / active EE

$6,810

$6,651+2.4%

$8,066-15.6%

$4,299+58.4%

Admin fee / account holder

$10,961

$7,951+37.8%

$12,989-15.6%

$6,924+58.3%

KAESTLE BOOS ASSOCIATES, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAESTLE BOOS ASSOCIATES, 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