Retirement plan

J. KNIPPER AND COMPANY, INC. PROFIT SHARING PLAN

Name: J. KNIPPER AND COMPANY, INC. - J. KNIPPER AND COMPANY, INC. PROFIT SHARING PLAN (2024) Form 5500
Creator: J. KNIPPER AND COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, J. KNIPPER AND COMPANY, INC. PROFIT SHARING PLAN, J. KNIPPER AND COMPANY, INC.

J. KNIPPER AND COMPANY, INC.EIN 22-2755742Plan #001PY 2024

1 HEALTHCARE WAY - LAKEWOOD, NJ 87015908-905-2087

Prospect flagsLow returnsLow participationLow employer contributionCorrective distributions

Top hat statement on fileNQDC

Filed April 8, 2008

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$33.2M

+12.8% from 2023

Total participants

1,223

-11.1% from 2023

Average account balance

$45,855

+5.3% from 2023

Annual return

13.42%

-6.52 pp from 2023

Benchmarks

See 950 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort950 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$33.15M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

723

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.

54.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.79M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$74

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 4 by compensation

Provider	Service type	Compensation
J KNIPPER & COMPANY INC1 year Service code 99 ONE HEALTHCARE WAY · LAKEWOOD, NJ 08701	Other Fees	$18,800
JUMP PERRY & CO LLP1 year Filed as: JUMP PERRY AND COMPANY LLP Service code 99 12 LEXINGTON AVE · TOMS RIVER, NJ 08753	Other Fees	$18,800
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$14,862
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: ADVISED ASSETS GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$1,217

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.

Opportunity flags

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$54K

$48 / participant

Recordkeeping$15K27.7%
Investment mgmt$1K2.3%
Other / not subdivided$38K70.0%

% of EOY assets

0.162%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: JUMP, PERRY AND COMPANY, LLP
Auditor EIN: 222264838
Audit fees: $18,800
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,855

$122,259-62.5%

$147,005-68.8%

$199,768-77.0%

Participation rate

54.8%

78.3%-23.4pp

82.2%-27.3pp

72.0%-17.2pp

Annual return

13.42%

30.58%-17.2pp

418.76%-405.3pp

34.26%-20.8pp

Employer contribution / active EE

$285

$4,097-93.0%

$4,934-94.2%

$3,037-90.6%

Participant deferral / active EE

$3,138

$8,504-63.1%

$8,070-61.1%

$5,090-38.4%

Admin fee / account holder

$74

$179-58.5%

$13,006-99.4%

$269-72.4%

Provider

Service type

Compensation

J KNIPPER & COMPANY INC1 year

Service code 99

ONE HEALTHCARE WAY · LAKEWOOD, NJ 08701

Other Fees

$18,800

JUMP PERRY & CO LLP1 year

Filed as: JUMP PERRY AND COMPANY LLP

Service code 99

12 LEXINGTON AVE · TOMS RIVER, NJ 08753

Other Fees

$18,800

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$14,862

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$1,217

J. KNIPPER AND COMPANY, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

J. KNIPPER AND COMPANY, INC. PROFIT SHARING PLAN

Top hat statement on fileNQDC

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