Retirement plan

ALAN D. KUNSMAN ROOFING & SIDING, INC. , EMPLOYEE STOCK OWNERSHIP PLAN

Name: ALAN D. KUNSMAN ROOFING & SIDING, INC. - ALAN D. KUNSMAN ROOFING & SIDING, INC. , EMPLOYEE STOCK OWNERSHIP PLAN (2020) Form 5500
Creator: ALAN D. KUNSMAN ROOFING & SIDING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALAN D. KUNSMAN ROOFING & SIDING, INC. , EMPLOYEE STOCK OWNERSHIP PLAN, ALAN D. KUNSMAN ROOFING & SIDING, INC.

ALAN D. KUNSMAN ROOFING & SIDING, INC.EIN 23-2041093Plan #003PY 2020

203 WASHINGTON STREET - FREEMANSBURG, PA 18017610-865-6990alankunsmanroofing.comLinkedIn51-200 employeesconstruction

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$16.1M

+5.9% from 2019

Total participants

121

+16.3% from 2019

Average account balance

$146,562

-3.8% from 2019

Annual return

5.70%

+2.42 pp from 2019

Benchmarks

See 16,249 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort16,249 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.53M

Not enough data

1 years with asset history on file

Average account balance

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

$153K

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.

121

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.

149.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.01M

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

+12.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6545

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 codes2E2H2J2P2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$886K

$10550 / participant

Other / not subdivided$886K100.0%

% of EOY assets

5.497%

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

$146,562

$72,273+102.8%

$101,275+44.7%

$79,856+83.5%

Participation rate

86.9%

68.5%+18.4pp

75.8%+11.1pp

69.6%+17.3pp

Annual return

5.70%

22.30%-16.6pp

46.48%-40.8pp

31.71%-26.0pp

Employer contribution / active EE

$8,661

$2,691+221.8%

$3,660+136.6%

$2,471+250.5%

Participant deferral / active EE

$1,820

$3,282-44.5%

$4,371-58.4%

$3,741-51.3%

Admin fee / account holder

$8,056

$4,401+83.0%

$5,948+35.4%

$5,306+51.8%

ALAN D. KUNSMAN ROOFING & SIDING, INC. , EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALAN D. KUNSMAN ROOFING & SIDING, INC. , EMPLOYEE STOCK OWNERSHIP 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