Retirement plan

KIRKWOOD HOLDINGS, INC. 401(K) PLAN

Name: KIRKWOOD HOLDINGS, INC. - KIRKWOOD HOLDINGS, INC. 401(K) PLAN (2021) Form 5500
Creator: KIRKWOOD HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIRKWOOD HOLDINGS, INC. 401(K) PLAN, KIRKWOOD HOLDINGS, INC.

KIRKWOOD HOLDINGS, INC.EIN 20-1623537Plan #001PY 2021

904 MAIN STREET - WILMINGTON, MA 01887978-658-4200LinkedIn201-500 employeesprinting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$21.9M

+12.8% from 2020

Total participants

222

0.0% from 2020

Average account balance

$115,913

+15.8% from 2020

Annual return

13.63%

-2.25 pp from 2020

Benchmarks

See 1,879 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,879 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$25.63M

Not enough data

1 years with asset history on file

Average account balance

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

$99K

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.

258

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.

62.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.50M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+20.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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 5 by compensation

Provider	Service type	Compensation
ASCENSUS LLC2 years Filed as: FUTUREPLAN C/O ASCENSUS Service code 99 · EIN 22-2000222	Other Fees	$29,571
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 49	Other Services	$10,020
MORNINGSTAR5 years Service code 27	Advisory (Plan)	$3,274
AMERIPRISE FINANCIAL SERVICES INC1 year Filed as: AMERIPRISE FINANCIAL SERVICES, INC. Service code 26 · EIN 41-0973005	Advisory (Participants)	$0
ASCENSUS LLC1 year Filed as: ASCENSUS C/O FUTURE PLAN Service code 49 PO BOX 734602 · CHICAGO, IL 60673	Other Services	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$11K

$64 / participant

Contract admin$8K73.2%
Other / not subdivided$3K26.8%

% of EOY assets

0.050%

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: DAMIANO, BURK & NUTTALL, P.C.
Auditor EIN: 453085083
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$115,913

$79,438+45.9%

$106,554+8.8%

$79,389+46.0%

Participation rate

80.7%

74.2%+6.6pp

76.1%+4.6pp

70.7%+10.0pp

Annual return

13.63%

18.27%-4.6pp

26.80%-13.2pp

116.89%-103.3pp

Employer contribution / active EE

$693

$2,235-69.0%

$2,819-75.4%

$2,428-71.5%

Participant deferral / active EE

$5,614

$3,824+46.8%

$4,398+27.6%

$4,046+38.8%

Admin fee / account holder

$58

$523-88.9%

$7,408-99.2%

$626-90.7%

Provider

Service type

Compensation

ASCENSUS LLC2 years

Filed as: FUTUREPLAN C/O ASCENSUS

Service code 99 · EIN 22-2000222

Other Fees

$29,571

ASCENSUS LLC1 year

Filed as: ASCENSUS

Service code 49

Other Services

$10,020

MORNINGSTAR5 years

Service code 27

Advisory (Plan)

$3,274

AMERIPRISE FINANCIAL SERVICES INC1 year

Filed as: AMERIPRISE FINANCIAL SERVICES, INC.

Service code 26 · EIN 41-0973005

Advisory (Participants)

ASCENSUS LLC1 year

Filed as: ASCENSUS C/O FUTURE PLAN

Service code 49

PO BOX 734602 · CHICAGO, IL 60673

Other Services

KIRKWOOD HOLDINGS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIRKWOOD HOLDINGS, INC. 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