Retirement plan

KUKURIN CONTRACTING, INC. PREVAILING WAGE PLAN

Name: KUKURIN CONTRACTING, INC. - KUKURIN CONTRACTING, INC. PREVAILING WAGE PLAN (2016) Form 5500
Creator: KUKURIN CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KUKURIN CONTRACTING, INC. PREVAILING WAGE PLAN, KUKURIN CONTRACTING, INC.

KUKURIN CONTRACTING, INC.EIN 25-1396122Plan #001PY 2016

1169 ROUTE 286 - EXPORT, PA 15632724-325-2136kukurin.comLinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#005Retirement-$4.1M assets

Prospect flagsLow returnsHigh feesLow participant contribution

How to read this page

Total assets (EOY)

$9.1M

+2.0% from 2015

Total participants

130

+12.1% from 2015

Average account balance

$71,809

-6.8% from 2015

Annual return

4.54%

+5.62 pp from 2015

Benchmarks

See 2,382 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,382 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.98M

Not enough data

1 years with asset history on file

Average account balance

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

$141K

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.

97.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$722K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+11.69%

Not enough data

1 years with return on file

Admin fee / account holder

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

$616

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
DENNIS G. JENKINS, CPA,LLC1 year Filed as: DENNIS PIPER AND ASSOCIATES, CPA Service code 17 811 BOYD AVENUE 205 · PITTSBURGH, PA 15238	Pension Consulting	$27,495
ARIS CORPORATION OF AMERICA2+ years Service code 15 1655 GRANT STREET 10TH FLOOR · CONCORD, CA 94520	Recordkeeping	$26,644
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Service code 52 · EIN 04-1590850	Indirect Investment Fees	$280

Plan features & details

Pension benefit codes2E2A2F2G3D2T

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.
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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
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

$54K

$419 / participant

Investment mgmt$47K85.5%
Contract admin$8K14.5%

% of EOY assets

0.597%

all-in expense ratio

Categories reported

2 / 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: HERBEIN AND COMPANY, INC.
Auditor EIN: 232415973
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,809

$52,884+35.8%

$84,753-15.3%

$55,167+30.2%

Participation rate

97.7%

67.5%+30.2pp

76.6%+21.1pp

69.0%+28.7pp

Annual return

4.54%

18.03%-13.5pp

22.78%-18.2pp

169.23%-164.7pp

Employer contribution / active EE

$6,037

$2,233+170.3%

$3,574+68.9%

$1,963+207.6%

Participant deferral / active EE

$2,644-100.0%

$3,712-100.0%

$3,054-100.0%

Admin fee / account holder

$429

$581-26.2%

$5,333-92.0%

$504-14.9%

Provider

Service type

Compensation

DENNIS G. JENKINS, CPA,LLC1 year

Filed as: DENNIS PIPER AND ASSOCIATES, CPA

Service code 17

811 BOYD AVENUE 205 · PITTSBURGH, PA 15238

Pension Consulting

$27,495

ARIS CORPORATION OF AMERICA2+ years

Service code 15

1655 GRANT STREET 10TH FLOOR · CONCORD, CA 94520

Recordkeeping

$26,644

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$280

KUKURIN CONTRACTING, INC. PREVAILING WAGE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KUKURIN CONTRACTING, INC. PREVAILING WAGE 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