Retirement plan

KUPERUS CUSTOM FENCE, INC. 401(K) PROFIT SHARING PLAN

Name: KUPERUS CUSTOM FENCE, INC. KUPERUS - KUPERUS CUSTOM FENCE, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: KUPERUS CUSTOM FENCE, INC. KUPERUS
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KUPERUS CUSTOM FENCE, INC. 401(K) PROFIT SHARING PLAN, KUPERUS CUSTOM FENCE, INC. KUPERUS

KUPERUS CUSTOM FENCE, INC. KUPERUSEIN 20-4751985Plan #001PY 2023

173 HORTON ROAD - WESTTOWN, NY 10998845-726-3849kuperusfence.comLinkedIn1-10 employees

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$265K

+62.6% from 2022

Total participants

+16.7% from 2022

Average account balance

$37,879

+16.1% from 2022

Annual return

15.86%

+31.88 pp from 2022

Benchmarks

See 51,572 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,572 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$377K

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

66.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$74K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$759

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 codes2E2J3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$2K

$338 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.893%

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

$37,879

$106,247-64.3%

$96,515-60.8%

$139,466-72.8%

Participation rate

100.0%

77.8%+22.2pp

74.3%+25.7pp

80.3%+19.7pp

Annual return

15.86%

38.47%-22.6pp

35.73%-19.9pp

373.66%-357.8pp

Employer contribution / active EE

$1,897

$4,106-53.8%

$3,740-49.3%

$4,754-60.1%

Participant deferral / active EE

$8,992

$5,456+64.8%

$4,880+84.3%

$6,712+34.0%

Admin fee / account holder

$338

$7,885-95.7%

$6,735-95.0%

$11,409-97.0%

KUPERUS CUSTOM FENCE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KUPERUS CUSTOM FENCE, INC. 401(K) 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