Retirement plan

WARD KRAFT RETIREMENT PLAN

Name: WK HOLDING COMPANY, INC - WARD KRAFT RETIREMENT PLAN (2016) Form 5500
Creator: WK HOLDING COMPANY, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WARD KRAFT RETIREMENT PLAN, WK HOLDING COMPANY, INC

WK HOLDING COMPANY, INCEIN 11-3668289Plan #001PY 2016

PO BOX 938 - FORT SCOTT, KS 66701620-223-5500

Prospect flagsLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$20M

+4.1% from 2015

Total participants

291

+2.5% from 2015

Average account balance

$92,226

+7.4% from 2015

Annual return

6.35%

+5.48 pp from 2015

Benchmarks

See 1,139 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,139 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.97M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

212

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.

83.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$559K

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

+13.84%

Not enough data

1 years with return on file

Admin fee / account holder

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

$322

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT Service code 15 · EIN 96-6817943 333 SOUTH HOPE ST 55TH FLOOR · LOS ANGELES, CA 90071	Recordkeeping	$7,365
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVCIES Service code 28	Investment Management	$25
CRMC1 year Service code 15	Recordkeeping	$8
DIEL BANWARD BOLTON CPA1 year Service code 15	Recordkeeping	$2

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$29 / participant

Investment mgmt$7K94.5%
Other / not subdivided$4285.5%

% of EOY assets

0.039%

all-in expense ratio

Categories reported

1 / 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: STOTTS ARCHAMBO MUEGGENBORG & BARCL
Auditor EIN: 471209122
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$92,226

$74,024+24.6%

$78,002+18.2%

$57,658+60.0%

Participation rate

72.4%

79.7%-7.4pp

75.5%-3.1pp

70.2%+2.2pp

Annual return

6.35%

12.14%-5.8pp

425.99%-419.6pp

5.13%+1.2pp

Employer contribution / active EE

$2,365-100.0%

$2,470-100.0%

$1,974-100.0%

Participant deferral / active EE

$1,244

$3,533-64.8%

$3,497-64.4%

$3,061-59.4%

Admin fee / account holder

$36

$93-61.5%

$5,481-99.3%

$95-62.0%

Provider

Service type

Compensation

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT

Service code 15 · EIN 96-6817943

333 SOUTH HOPE ST 55TH FLOOR · LOS ANGELES, CA 90071

Recordkeeping

$7,365

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVCIES

Service code 28

Investment Management

$25

CRMC1 year

Service code 15

Recordkeeping

DIEL BANWARD BOLTON CPA1 year

Service code 15

Recordkeeping

WARD KRAFT RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WARD KRAFT RETIREMENT 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