Retirement plan

HENRY KOHN, INC. 401(K) PROFIT SHARING PLAN

Name: HENRY KOHN, INC. - HENRY KOHN, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: HENRY KOHN, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HENRY KOHN, INC. 401(K) PROFIT SHARING PLAN, HENRY KOHN, INC.

HENRY KOHN, INC.EIN 22-3225772Plan #001PY 2019

30 BURLINGTON ROAD, P.O. BOX 1004 - MONROEVILLE, NJ 08343856-358-2321

Other plans on this EIN

1 filing

#002Retirement-$1.5M assets

Prospect flagsLow returnsLow fidelity bond

How to read this page

Total assets (EOY)

$815K

+68.3% from 2018

Total participants

+3.1% from 2018

Average account balance

$24,690

+63.2% from 2018

Annual return

11.53%

+18.46 pp from 2018

Benchmarks

See 1,927 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants25-99

Cohort1,927 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.37M

Not enough data

1 years with asset history on file

Average account balance

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

$42K

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.

158.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$290K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+7.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$655

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

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

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

$24,690

$58,851-58.0%

$115,170-78.6%

$72,983-66.2%

Participation rate

100.0%

65.5%+34.5pp

75.9%+24.1pp

69.5%+30.5pp

Annual return

11.53%

23.16%-11.6pp

35.60%-24.1pp

81.01%-69.5pp

Employer contribution / active EE

$6,585

$1,798+266.2%

$3,179+107.1%

$2,440+169.9%

Participant deferral / active EE

$3,593

$2,643+36.0%

$4,169-13.8%

$3,608-0.4%

Admin fee / account holder

$6,370-100.0%

$7,089-100.0%

$5,124-100.0%

HENRY KOHN, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

HENRY KOHN, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion