Retirement plan

KAPLAN FOX & KILSHEIMER LLP PROFIT SHARING PLAN

Name: KAPLAN FOX & KILSHEIMER LLP - KAPLAN FOX & KILSHEIMER LLP PROFIT SHARING PLAN (2019) Form 5500
Creator: KAPLAN FOX & KILSHEIMER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAPLAN FOX & KILSHEIMER LLP PROFIT SHARING PLAN, KAPLAN FOX & KILSHEIMER LLP

KAPLAN FOX & KILSHEIMER LLPEIN 13-1806017Plan #001PY 2019

850 THIRD AVENUE - NEW YORK, NY 100227513212-687-1980kaplanfox.comLinkedIn11-50 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$5.1M assets #003Retirement-$130K assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$11.1M

+10.2% from 2018

Total participants

+4.8% from 2018

Average account balance

$276,621

+15.7% from 2018

Annual return

23.86%

+27.27 pp from 2018

Benchmarks

See 25,911 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,911 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.87M

Not enough data

1 years with asset history on file

Average account balance

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

$359K

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.

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.

114.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+7.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9403

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 codes2A2E2G3B3F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.5M

$38339 / participant

Other / not subdivided$1M100.0%

% of EOY assets

13.167%

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

$276,621

$89,367+209.5%

$141,191+95.9%

$72,975+279.1%

Participation rate

89.5%

75.1%+14.3pp

82.5%+7.0pp

69.5%+20.0pp

Annual return

23.86%

111.87%-88.0pp

71.41%-47.5pp

81.01%-57.2pp

Employer contribution / active EE

$2,320

$3,115-25.5%

$4,736-51.0%

$2,440-4.9%

Participant deferral / active EE

$5,419-100.0%

$6,710-100.0%

$3,608-100.0%

Admin fee / account holder

$36,422

$5,957+511.5%

$10,264+254.8%

$5,124+610.8%

KAPLAN FOX & KILSHEIMER LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAPLAN FOX & KILSHEIMER LLP PROFIT SHARING 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