Retirement plan

KINKISHARYO INTERNATIONAL, LLC IBEW 401(K) PLAN

Name: KINKISHARYO INTERNATIONAL LLC - KINKISHARYO INTERNATIONAL, LLC IBEW 401(K) PLAN (2020) Form 5500
Creator: KINKISHARYO INTERNATIONAL LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINKISHARYO INTERNATIONAL, LLC IBEW 401(K) PLAN, KINKISHARYO INTERNATIONAL LLC

KINKISHARYO INTERNATIONAL LLCEIN 06-1546125Plan #002PY 2020

1960 E. GRAND AVENUE, SUITE 1210 - EL SEGUNDO, CA 90245424-276-1803kinkisharyo.comLinkedIn201-500 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#001Retirement-$18.0M assets

Prospect flagsLow returnsLow participationLow assets / participant

How to read this page

Total assets (EOY)

$1.4M

-52.9% from 2019

Total participants

110

-54.4% from 2019

Average account balance

$14,848

+4.4% from 2019

Annual return

0.07%

-13.10 pp from 2019

Benchmarks

See 14,879 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,879 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.30M

Not enough data

1 years with asset history on file

Average account balance

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

$21K

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.

129.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$155K

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

+16.48%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3315

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

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Service providers

Top 10 of 18 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Service code 49 · EIN 04-1590850	Other Services	$11,119
HKG LLP1 year Filed as: HKG, LLP Service code 50 · EIN 95-4552788	Direct Payment	$8,900
EPIC RETIREMENT PLAN SERVICES1 year Filed as: STRATEGIC RETIREMENT PLAN Service code 50 · EIN 81-2204426	Direct Payment	$5,000
AB FUNDS3+ years Service code 52 · EIN 13-2625045	Indirect Investment Fees	$0
AMERICAN CENTURY3+ years Service code 52 · EIN 43-1646043	Indirect Investment Fees	$0
BLACKROCK3+ years Service code 52 · EIN 04-6171663	Indirect Investment Fees	$0
COLUMBIA3+ years Service code 52 · EIN 36-3376651	Indirect Investment Fees	$0
EATON VANCE3+ years Service code 52 · EIN 04-2718215	Indirect Investment Fees	$0
FRANKLIN TEMPLETON2 years Filed as: FRANKLINTEMPLETON Service code 52 · EIN 13-3151768	Indirect Investment Fees	$0
INVESCO2 years Service code 52 · EIN 93-6305075	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D3F2T

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.
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$28K

$519 / participant

Investment mgmt$11K41.2%
Contract admin$7K26.4%
Other / not subdivided$9K32.3%

% of EOY assets

1.993%

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: HKG LLP
Auditor EIN: 954552788
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$14,848

$78,423-81.1%

$95,964-84.5%

$79,856-81.4%

Participation rate

67.9%

73.5%-5.6pp

77.1%-9.2pp

69.6%-1.7pp

Annual return

0.07%

19.37%-19.3pp

91.64%-91.6pp

31.71%-31.6pp

Employer contribution / active EE

$3,171

$1,945+63.0%

$2,541+24.8%

$2,471+28.3%

Participant deferral / active EE

$2,901

$3,440-15.7%

$4,167-30.4%

$3,741-22.4%

Admin fee / account holder

$296

$5,622-94.7%

$6,797-95.6%

$5,306-94.4%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Service code 49 · EIN 04-1590850

Other Services

$11,119

HKG LLP1 year

Filed as: HKG, LLP

Service code 50 · EIN 95-4552788

Direct Payment

$8,900

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: STRATEGIC RETIREMENT PLAN

Service code 50 · EIN 81-2204426

Direct Payment

$5,000

AB FUNDS3+ years

Service code 52 · EIN 13-2625045

Indirect Investment Fees

AMERICAN CENTURY3+ years

Service code 52 · EIN 43-1646043

Indirect Investment Fees

BLACKROCK3+ years

Service code 52 · EIN 04-6171663

Indirect Investment Fees

COLUMBIA3+ years

Service code 52 · EIN 36-3376651

Indirect Investment Fees

EATON VANCE3+ years

Service code 52 · EIN 04-2718215

Indirect Investment Fees

FRANKLIN TEMPLETON2 years

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 13-3151768

Indirect Investment Fees

INVESCO2 years

Service code 52 · EIN 93-6305075

Indirect Investment Fees

KINKISHARYO INTERNATIONAL, LLC IBEW 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINKISHARYO INTERNATIONAL, LLC IBEW 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