Retirement plan

KRAUS MANAGEMENT SERVICES INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: KRAUS MANAGEMENT SERVICES INC. - KRAUS MANAGEMENT SERVICES INC. 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: KRAUS MANAGEMENT SERVICES INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KRAUS MANAGEMENT SERVICES INC. 401(K) PROFIT SHARING PLAN AND TRUST, KRAUS MANAGEMENT SERVICES INC.

KRAUS MANAGEMENT SERVICES INC.EIN 11-3649746Plan #001PY 2020

670 W 17TH ST., SUITE C4 - COSTA MESA, CA 92627949-574-7350krausmanagement.comLinkedIn1-10 employeesreal estate

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$331K

+27.8% from 2019

Total participants

0.0% from 2019

Average account balance

$110,260

+27.8% from 2019

Annual return

12.45%

-4.29 pp from 2019

Benchmarks

See 36,192 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort36,192 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+2.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 codes2E2F2G2J2L2T3D

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$8K

$1545 / participant

Other / not subdivided$8K100.0%

% of EOY assets

2.335%

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

$110,260

$100,938+9.2%

$90,461+21.9%

$158,982-30.6%

Participation rate

60.0%

75.0%-15.0pp

72.7%-12.7pp

82.0%-22.0pp

Annual return

12.45%

1727.20%-1714.8pp

1294.76%-1282.3pp

302.99%-290.5pp

Employer contribution / active EE

$2,079

$3,691-43.7%

$3,264-36.3%

$4,763-56.4%

Participant deferral / active EE

$7,135

$4,350+64.0%

$3,964+80.0%

$5,983+19.2%

Admin fee / account holder

$2,575

$6,510-60.4%

$5,617-54.2%

$11,252-77.1%

KRAUS MANAGEMENT SERVICES INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KRAUS MANAGEMENT SERVICES INC. 401(K) PROFIT SHARING PLAN AND TRUST

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