Retirement plan

WARD KRAFT RETIREMENT PLAN

Name: WK HOLDING COMPANY, INC - WARD KRAFT RETIREMENT PLAN (2017) 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 2017

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

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$21.9M

+9.6% from 2016

Total participants

285

-2.1% from 2016

Average account balance

$106,441

+15.4% from 2016

Annual return

17.38%

+11.03 pp from 2016

Benchmarks

See 1,152 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,152 peers

Snapshot2017

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

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

Service providers

Top 2 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES1 year Filed as: MHM RETIREMENT PLAN SOLUTIONS Service code 10 · EIN 20-1876798	Accounting	$11,995
AMERICAN FUNDS1 year Filed as: CAPITAL RESEARCH AND MANAGEMENT CO Service code 15 · EIN 96-6817943	Recordkeeping	$6,338

Plan features & details

Pension benefit codes2E2F2G2J3D3H

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$18K

$70 / participant

Investment mgmt$6K34.5%
Other / not subdivided$12K65.5%

% of EOY assets

0.084%

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: TROUT, EBERSOLE & GROFF, LLP
Auditor EIN: 231551315
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,441

$75,284+41.4%

$91,004+17.0%

$69,631+52.9%

Participation rate

69.7%

80.4%-10.7pp

75.6%-5.9pp

70.7%-1.0pp

Annual return

17.38%

48.40%-31.0pp

4.60%+12.8pp

27571.02%-27553.6pp

Employer contribution / active EE

$2,473-100.0%

$2,456-100.0%

$2,032-100.0%

Participant deferral / active EE

$1,251

$3,700-66.2%

$3,548-64.7%

$3,224-61.2%

Admin fee / account holder

$89

$111-19.6%

$5,417-98.4%

$110-19.5%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES1 year

Filed as: MHM RETIREMENT PLAN SOLUTIONS

Service code 10 · EIN 20-1876798

Accounting

$11,995

AMERICAN FUNDS1 year

Filed as: CAPITAL RESEARCH AND MANAGEMENT CO

Service code 15 · EIN 96-6817943

Recordkeeping

$6,338

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