Retirement plan

KBA NORTH AMERICA, INC SHEETFED DIVISION 401(K) AND PROFIT SHARI

Name: KBA NORTH AMERICA, INC. SHEETFED - KBA NORTH AMERICA, INC SHEETFED DIVISION 401(K) AND PROFIT SHARI (2017) Form 5500
Creator: KBA NORTH AMERICA, INC. SHEETFED
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KBA NORTH AMERICA, INC SHEETFED DIVISION 401(K) AND PROFIT SHARI, KBA NORTH AMERICA, INC. SHEETFED

KBA NORTH AMERICA, INC. SHEETFEDEIN 11-2996037Plan #001PY 2017

P.O BOX 619006 - DALLAS, TX 75261469-532-8020LinkedIn51-200 employeesprinting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.6M

+26.3% from 2016

Total participants

164

+14.7% from 2016

Average account balance

$77,209

+18.0% from 2016

Annual return

16.59%

+9.40 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.54M

Not enough data

1 years with asset history on file

Average account balance

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

$134K

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.

183

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.

91.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.20M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$286

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 4 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745	Recordkeeping	$1,175
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984	Other Services	$0
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 49 · EIN 26-4310632	Other Services	$0
IMA WEALTH INC1 year Filed as: TRUENORTH SECURITIES INC Service code 49 8200 E.32ND STREET NORTH · WICHITA, KS 67226	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D3H

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.
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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1K

$9 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.011%

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: CHAPMAN, HEXT & COMPANY, P.C.
Auditor EIN: 752053526
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$77,209

$64,909+18.9%

$82,312-6.2%

$62,293+23.9%

Participation rate

80.3%

74.9%+5.4pp

76.9%+3.4pp

69.5%+10.8pp

Annual return

16.59%

21.18%-4.6pp

25.88%-9.3pp

28.90%-12.3pp

Employer contribution / active EE

$3,029

$1,676+80.7%

$2,428+24.7%

$2,042+48.3%

Participant deferral / active EE

$5,484

$3,103+76.7%

$3,706+48.0%

$3,169+73.1%

Admin fee / account holder

$440-98.0%

$5,608-99.8%

$479-98.2%

Provider

Service type

Compensation

ADP BROKER-DEALER3+ years

Filed as: ADP, LLC

Service code 15 · EIN 13-3036745

Recordkeeping

$1,175

ADP BROKER-DEALER3+ years

Service code 49 · EIN 22-3319984

Other Services

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 49 · EIN 26-4310632

Other Services

IMA WEALTH INC1 year

Filed as: TRUENORTH SECURITIES INC

Service code 49

8200 E.32ND STREET NORTH · WICHITA, KS 67226

Other Services

KBA NORTH AMERICA, INC SHEETFED DIVISION 401(K) AND PROFIT SHARI

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KBA NORTH AMERICA, INC SHEETFED DIVISION 401(K) AND PROFIT SHARI

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