Retirement plan

KEY LAKES SAVINGS PLAN FOR REPRESENTED EMPLOYEES

Name: KEY LAKES, INC. - KEY LAKES SAVINGS PLAN FOR REPRESENTED EMPLOYEES (2020) Form 5500
Creator: KEY LAKES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEY LAKES SAVINGS PLAN FOR REPRESENTED EMPLOYEES, KEY LAKES, INC.

KEY LAKES, INC.EIN 20-0871186Plan #001PY 2020

ONE BALA PLAZA EAST, SUITE 600 - BALA CYNWYD, PA 19004610-617-6886LinkedIn201-500 employeesmaritime

Other plans on this EIN

2 filings

#003Retirement-$18.2M assets #002Retirement-$5.3M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$8.3M

+8.7% from 2019

Total participants

110

-16.7% from 2019

Average account balance

$90,139

+30.0% from 2019

Annual return

16.10%

-3.22 pp from 2019

Benchmarks

See 1,062 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,062 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.19M

Not enough data

1 years with asset history on file

Average account balance

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

$53K

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.

173

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.

83.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$468K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$69

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 1 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,319

Plan features & details

Pension benefit codes2F2G2J2T3H3D

Plan features

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

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$5K

$47 / participant

Investment mgmt$3K71.7%
Other / not subdivided$1K28.3%

% of EOY assets

0.056%

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: KREISCHER MILLER
Auditor EIN: 231980475
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$90,139

$55,636+62.0%

$81,991+9.9%

$73,493+22.7%

Participation rate

82.0%

62.3%+19.7pp

69.3%+12.7pp

70.7%+11.3pp

Annual return

16.10%

19.07%-3.0pp

41.31%-25.2pp

28.51%-12.4pp

Employer contribution / active EE

$557

$1,625-65.7%

$2,498-77.7%

$2,270-75.5%

Participant deferral / active EE

$4,041

$2,762+46.3%

$3,722+8.6%

$3,740+8.1%

Admin fee / account holder

$51

$493-89.7%

$5,665-99.1%

$513-90.1%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,319

KEY LAKES SAVINGS PLAN FOR REPRESENTED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEY LAKES SAVINGS PLAN FOR REPRESENTED EMPLOYEES

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