Retirement plan

KANDEL BROTHERS OF MIDDLETOWN NY INC. 401K PROFIT

Name: KANDEL BROTHERS OF MIDDLETOWN, INC. - KANDEL BROTHERS OF MIDDLETOWN NY INC. 401K PROFIT (2020) Form 5500
Creator: KANDEL BROTHERS OF MIDDLETOWN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KANDEL BROTHERS OF MIDDLETOWN NY INC. 401K PROFIT, KANDEL BROTHERS OF MIDDLETOWN, INC.

KANDEL BROTHERS OF MIDDLETOWN, INC.EIN 14-1514548Plan #003PY 2020

151 NORTH STREET - MIDDLETOWN, NY 10940845-343-3200LinkedIn11-50 employeesbuilding materials

Other plans on this EIN

2 filings

#001Retirement-$2.9M assets #004Retirement-$1.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.1M

+18.9% from 2019

Total participants

+20.0% from 2019

Average account balance

$87,264

-1.0% from 2019

Annual return

9.54%

+10.41 pp from 2019

Benchmarks

See 18,868 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort18,868 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.72M

Not enough data

1 years with asset history on file

Average account balance

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

$109K

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.

138.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$200K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1023

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 codes2E2J3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$350

$18 / participant

Other / not subdivided$350100.0%

% of EOY assets

0.017%

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

$87,264

$112,933-22.7%

$90,970-4.1%

$158,982-45.1%

Participation rate

100.0%

74.7%+25.3pp

69.0%+31.0pp

82.0%+18.0pp

Annual return

9.54%

215.82%-206.3pp

134.60%-125.1pp

302.99%-293.5pp

Employer contribution / active EE

$5,775

$2,893+99.6%

$2,122+172.2%

$4,763+21.3%

Participant deferral / active EE

$2,868

$4,128-30.5%

$3,373-15.0%

$5,983-52.1%

Admin fee / account holder

$15

$8,047-99.8%

$5,961-99.8%

$11,252-99.9%

KANDEL BROTHERS OF MIDDLETOWN NY INC. 401K PROFIT

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KANDEL BROTHERS OF MIDDLETOWN NY INC. 401K PROFIT

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