Retirement plan

KASON INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN

Name: KASON INDUSTRIES, INC. - KASON INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: KASON INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KASON INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN, KASON INDUSTRIES, INC.

KASON INDUSTRIES, INC.EIN 11-0940170Plan #002PY 2017

57 AMLAJACK BLVD - SHENANDOAH, GA 302651093770-304-3035kasonind.comLinkedIn201-500 employeesmechanical or industrial engineering

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$18.9M

+14.7% from 2016

Total participants

304

+2.7% from 2016

Average account balance

$64,213

+12.3% from 2016

Annual return

12.77%

+7.13 pp from 2016

Benchmarks

See 2,359 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,359 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.29M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

304

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+10.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$306

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
GREAT-WEST LIFE & ANNUITY INSURANCE3+ years Filed as: GREAT-WEST LIFE & ANNUITY COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREEWOOD VILLAGE, CO 80111	Recordkeeping Fees	$56,132
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY MITH BARNEY Service code 27 1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004	Advisory (Plan)	$24,442
PENSION FINANCIAL SERVICES, INC.3+ years Filed as: PENSION FINANCIAL SERVICES Service code 13 3700 CRESTWOOD PARKWAY · DULUTH, GA 300955585	Contract Administrator	$10,000

Plan features & details

Pension benefit codes2G2J2K3D2F

Plan features

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.
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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$50K

$190 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.266%

all-in expense ratio

Categories reported

0 / 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: ROSS LANE AND COMPANY, LLC
Auditor EIN: 581686745
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,213

$69,305-7.3%

$82,312-22.0%

$69,631-7.8%

Participation rate

96.2%

80.3%+16.0pp

76.9%+19.3pp

70.7%+25.5pp

Annual return

12.77%

21.47%-8.7pp

25.88%-13.1pp

27571.02%-27558.3pp

Employer contribution / active EE

$2,164

$1,887+14.7%

$2,428-10.9%

$2,032+6.5%

Participant deferral / active EE

$3,012

$3,568-15.6%

$3,706-18.7%

$3,224-6.6%

Admin fee / account holder

$171

$97+75.9%

$5,608-97.0%

$110+54.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE3+ years

Filed as: GREAT-WEST LIFE & ANNUITY COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREEWOOD VILLAGE, CO 80111

Recordkeeping Fees

$56,132

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY MITH BARNEY

Service code 27

1 NEW YORK PLZ 12TH FL · NEW YORK, NY 10004

Advisory (Plan)

$24,442

PENSION FINANCIAL SERVICES, INC.3+ years

Filed as: PENSION FINANCIAL SERVICES

Service code 13

3700 CRESTWOOD PARKWAY · DULUTH, GA 300955585

Contract Administrator

$10,000

KASON INDUSTRIES, INC. 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KASON INDUSTRIES, INC. 401(K) RETIREMENT 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