Retirement plan

KPA SERVICES, LLC 401(K) PLAN

Name: KPA SERVICES, LLC - KPA SERVICES, LLC 401(K) PLAN (2022) Form 5500
Creator: KPA SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KPA SERVICES, LLC 401(K) PLAN, KPA SERVICES, LLC

KPA SERVICES, LLCEIN 20-1147668Plan #001PY 2022

11080 CIRCLE POINT RD, SUITE 200 - WESTMINSTER, CO 80020303-228-8774

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$23.8M

-11.8% from 2021

Total participants

452

+3.9% from 2021

Average account balance

$53,822

-15.0% from 2021

Annual return

-17.09%

-32.18 pp from 2021

Benchmarks

See 3,158 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,158 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$37.70M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

537

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$383

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
CREATIVE PLANNING LLC8+ years Filed as: CREATIVE PLANNING Service code 27 3400 COLLEGE BLVD · LEAWOOD, KS 66211	Advisory (Plan)	$130,231
NEWPORT GROUP, INC.7 years Service code 15 · EIN 27-2037969	Recordkeeping	$27,133

Plan features & details

Pension benefit codes2E2F2G2J2S2T3B3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$158K

$518 / participant

Investment mgmt$130K82.4%
Contract admin$27K17.2%
Other / not subdivided$7500.5%

% of EOY assets

0.663%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$53,822

$82,188-34.5%

$125,391-57.1%

$64,824-17.0%

Participation rate

97.0%

77.9%+19.1pp

82.4%+14.7pp

71.5%+25.6pp

Annual return

-17.09%

3.50%-20.6pp

572.41%-589.5pp

32.84%-49.9pp

Employer contribution / active EE

$3,710

$3,617+2.6%

$4,816-23.0%

$2,507+48.0%

Participant deferral / active EE

$7,767

$7,177+8.2%

$7,448+4.3%

$4,311+80.2%

Admin fee / account holder

$357

$163+118.6%

$10,009-96.4%

$188+90.0%

Provider

Service type

Compensation

CREATIVE PLANNING LLC8+ years

Filed as: CREATIVE PLANNING

Service code 27

3400 COLLEGE BLVD · LEAWOOD, KS 66211

Advisory (Plan)

$130,231

NEWPORT GROUP, INC.7 years

Service code 15 · EIN 27-2037969

Recordkeeping

$27,133

KPA SERVICES, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KPA SERVICES, LLC 401(K) 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