Retirement plan

KEYSTONE INSURERS GROUP, INC. 401(K) PLAN

Name: KEYSTONE INSURERS GROUP, INC. - KEYSTONE INSURERS GROUP, INC. 401(K) PLAN (2023) Form 5500
Creator: KEYSTONE INSURERS GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEYSTONE INSURERS GROUP, INC. 401(K) PLAN, KEYSTONE INSURERS GROUP, INC.

KEYSTONE INSURERS GROUP, INC.EIN 23-2263940Plan #001PY 2023

1995 POINT TOWNSHIP DRIVE - NORTHUMBERLAND, PA 178578856570-473-4302keystoneinsgrp.comLinkedIn201-500 employeesinsurance

Prospect flagsFailed to transmit contributions

Top hat statement on fileNQDC

Filed May 19, 2016 (most recent of 2 filings on file)

Plan administrator

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1995 Point Township Drive

Northumberland State: PA Zip Code: 17857

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Plans declared (1)

Plan name not on file1 emp

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Total assets (EOY)

$26.4M

+50.2% from 2022

Total participants

218

+47.3% from 2022

Average account balance

$121,271

+1.9% from 2022

Annual return

44.17%

+66.73 pp from 2022

Benchmarks

See 2,152 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants100-249

Cohort2,152 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-86.69%

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

0 years with F_SCH_H allocation on file

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH2 years Filed as: CAMBRIDGE INVESTMENT GROUP Service code 27 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556	Advisory (Plan)	$48,660
DUNCAN ACCOUNTING & TAX SERVICES2 years Filed as: DUNCAN FINANCIAL GROUP, LLC DBA Service code 13 DUNCAN ACCOUNTING AND TAX SERVICES · IRWIN, PA 15642	Contract Administrator	$11,133

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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.
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

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$59K

$313 / participant

Recordkeeping$58K98.7%
Other / not subdivided$7501.3%

% of EOY assets

0.224%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 391413443
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$121,271

$130,294-6.9%

$170,043-28.7%

$71,511+69.6%

Participation rate

100.0%

86.2%+13.8pp

87.0%+13.0pp

67.9%+32.1pp

Annual return

44.17%

20.36%+23.8pp

53.40%-9.2pp

28.86%+15.3pp

Employer contribution / active EE

$3,026

$4,385-31.0%

$6,790-55.4%

$2,589+16.9%

Participant deferral / active EE

$7,659

$6,928+10.6%

$10,410-26.4%

$4,291+78.5%

Admin fee / account holder

$271

$966-71.9%

$12,824-97.9%

$1,588-82.9%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH2 years

Filed as: CAMBRIDGE INVESTMENT GROUP

Service code 27

1776 PLEASANT PLAIN RD · FAIRFIELD, IA 52556

Advisory (Plan)

$48,660

DUNCAN ACCOUNTING & TAX SERVICES2 years

Filed as: DUNCAN FINANCIAL GROUP, LLC DBA

Service code 13

DUNCAN ACCOUNTING AND TAX SERVICES · IRWIN, PA 15642

Contract Administrator

$11,133

KEYSTONE INSURERS GROUP, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEYSTONE INSURERS GROUP, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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