Retirement plan

401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY

Name: J.F. KIELY CONSTRUCTION COMPANY - 401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY (2017) Form 5500
Creator: J.F. KIELY CONSTRUCTION COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY, J.F. KIELY CONSTRUCTION COMPANY

J.F. KIELY CONSTRUCTION COMPANYEIN 21-0652682Plan #004PY 2017

700 MCCLELLAN STREET - LONG BRANCH, NJ 07740732-222-4400

Other plans on this EIN

2 filings

#005Retirement-$42.0M assets #002Retirement--

Prospect flagsHigh feesRecently reached 100 employees

How to read this page

Total assets (EOY)

$16.1M

+29.6% from 2016

Total participants

115

+23.7% from 2016

Average account balance

$142,914

+6.6% from 2016

Annual return

22.19%

-78.31 pp from 2016

Benchmarks

See 2,582 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,582 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$31.18M

Not enough data

1 years with asset history on file

Average account balance

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

$233K

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.

134

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+19.28%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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 codes2E2F2G2J3D3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$213K

$1852 / participant

Other / not subdivided$213K100.0%

% of EOY assets

1.319%

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

$142,914

$58,726+143.4%

$92,240+54.9%

$62,293+129.4%

Participation rate

98.3%

68.3%+29.9pp

76.5%+21.8pp

69.5%+28.7pp

Annual return

22.19%

43.62%-21.4pp

176.29%-154.1pp

28.90%-6.7pp

Employer contribution / active EE

$5,072

$2,392+112.1%

$3,680+37.8%

$2,042+148.4%

Participant deferral / active EE

$4,763

$2,766+72.2%

$3,897+22.2%

$3,169+50.3%

Admin fee / account holder

$1,885

$556+238.7%

$5,194-63.7%

$479+293.1%

401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) PLAN FOR THE SALARIED EMPLOYEES OF J.F. KIELY CONSTRUCTION COMPANY

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