Retirement plan

KIERANTIMBERLAKE, LLC 401(K) PROFIT SHARING PLAN

Name: KIERANTIMBERLAKE, LLC - KIERANTIMBERLAKE, LLC 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: KIERANTIMBERLAKE, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIERANTIMBERLAKE, LLC 401(K) PROFIT SHARING PLAN, KIERANTIMBERLAKE, LLC

KIERANTIMBERLAKE, LLCEIN 23-2308376Plan #001PY 2020

2081 E. HIGH STREET, SUITE 200 - SANATOGA, PA 19464215-793-4300kierantimberlake.comLinkedIn51-200 employeesarchitecture & planning

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$17.2M

+9.2% from 2019

Total participants

117

-4.1% from 2019

Average account balance

$147,228

+13.9% from 2019

Annual return

13.90%

-14.27 pp from 2019

Benchmarks

See 26,423 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,423 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$20.25M

Not enough data

1 years with asset history on file

Average account balance

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

$193K

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.

105

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

$784K

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

+10.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$697

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

Top 2 by compensation

Provider	Service type	Compensation
APEXIUM FINANCIAL LP3 years Service code 27 1800 JFK BOULVARD, 20TH FLOOR · PHILADELPHIA, PA 19103	Advisory (Plan)	$44,559
BPA OF WI A BENESYS COMPANY3 years Filed as: BPA INTERNATIONAL Service code 15 · EIN 16-1503696 6 RHODES DR #7 · UTICA, NY 13502	Recordkeeping	$13,825

Plan features & details

Pension benefit codes2A2E2G2J2T3B3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$58K

$800 / participant

Investment mgmt$58K100.0%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: KREISCHER MILLER
Auditor EIN: 231980475
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$147,228

$98,760+49.1%

$149,715-1.7%

$79,858+84.4%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

13.90%

27.43%-13.5pp

276.66%-262.8pp

31.72%-17.8pp

Employer contribution / active EE

$1,465

$3,217-54.4%

$4,645-68.5%

$2,471-40.7%

Participant deferral / active EE

$9,007

$5,681+58.6%

$6,842+31.6%

$3,740+140.8%

Admin fee / account holder

$499

$6,053-91.8%

$9,310-94.6%

$5,306-90.6%

Provider

Service type

Compensation

APEXIUM FINANCIAL LP3 years

Service code 27

1800 JFK BOULVARD, 20TH FLOOR · PHILADELPHIA, PA 19103

Advisory (Plan)

$44,559

BPA OF WI A BENESYS COMPANY3 years

Filed as: BPA INTERNATIONAL

Service code 15 · EIN 16-1503696

6 RHODES DR #7 · UTICA, NY 13502

Recordkeeping

$13,825

KIERANTIMBERLAKE, LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIERANTIMBERLAKE, LLC 401(K) PROFIT SHARING 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