Retirement plan

KUKURIN CONTRACTING, INC. 401(K) PROFIT SHARING PL

Name: KUKURIN CONTRACTING, INC. - KUKURIN CONTRACTING, INC. 401(K) PROFIT SHARING PL (2018) Form 5500
Creator: KUKURIN CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KUKURIN CONTRACTING, INC. 401(K) PROFIT SHARING PL, KUKURIN CONTRACTING, INC.

KUKURIN CONTRACTING, INC.EIN 25-1396122Plan #005PY 2018

1169 ROUTE 286 - EXPORT, PA 15632724-352-2136kukurin.comLinkedIn1-10 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$10.1M assets

Prospect flagsHigh feesLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$5.1M

+2.0% from 2017

Total participants

127

-0.8% from 2017

Average account balance

$104,009

-2.2% from 2017

Annual return

-3.43%

-19.90 pp from 2017

Benchmarks

See 2,759 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,759 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.37M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

59.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$421K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+9.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$29243

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

Top 10 of 12 by compensation

Provider	Service type	Compensation
HERBEIN & COMPANY, INC.1 year Filed as: HERBEIN & COMPANY INC. Service code 10 · EIN 23-2415973	Accounting	$15,016
EDWARD JONES1 year Service code 27 · EIN 43-0345811	Advisory (Plan)	$10,421
MASSACHUSETTS MUTUAL LIFE INS. CO.3 years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$3,268
AMERICAN FUNDS2 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
FRANKLIN TEMPLETON1 year Service code 52 · EIN 13-3151768	Indirect Investment Fees	$0
LEGG MASON2 years Service code 52 · EIN 13-4146187	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT2 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
NATIXIS FUNDS2 years Service code 52 · EIN 52-2257782	Indirect Investment Fees	$0
NORTHERN FUNDS2 years Service code 52 · EIN 36-3608252	Indirect Investment Fees	$0
T ROWE PRICE RPS INC2 years Filed as: T. ROWE PRICE Service code 52 · EIN 52-1151266	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2J2F2G2K3D2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$30K

$240 / participant

Investment mgmt$14K44.5%
Contract admin$2200.7%
Other / not subdivided$17K54.8%

% of EOY assets

0.598%

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

$104,009

$55,449+87.6%

$83,831+24.1%

$56,289+84.8%

Participation rate

38.6%

68.0%-29.4pp

76.1%-37.6pp

69.9%-31.3pp

Annual return

-3.43%

-1.38%-2.1pp

850.99%-854.4pp

-9.96%+6.5pp

Employer contribution / active EE

$1,019

$2,430-58.1%

$3,631-71.9%

$2,111-51.7%

Participant deferral / active EE

$2,157

$2,935-26.5%

$4,082-47.2%

$3,350-35.6%

Admin fee / account holder

$622

$656-5.1%

$5,479-88.6%

$521+19.4%

Provider

Service type

Compensation

HERBEIN & COMPANY, INC.1 year

Filed as: HERBEIN & COMPANY INC.

Service code 10 · EIN 23-2415973

Accounting

$15,016

EDWARD JONES1 year

Service code 27 · EIN 43-0345811

Advisory (Plan)

$10,421

MASSACHUSETTS MUTUAL LIFE INS. CO.3 years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$3,268

AMERICAN FUNDS2 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

FRANKLIN TEMPLETON1 year

Service code 52 · EIN 13-3151768

Indirect Investment Fees

LEGG MASON2 years

Service code 52 · EIN 13-4146187

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT2 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

NATIXIS FUNDS2 years

Service code 52 · EIN 52-2257782

Indirect Investment Fees

NORTHERN FUNDS2 years

Service code 52 · EIN 36-3608252

Indirect Investment Fees

T ROWE PRICE RPS INC2 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

Indirect Investment Fees

KUKURIN CONTRACTING, INC. 401(K) PROFIT SHARING PL

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KUKURIN CONTRACTING, INC. 401(K) PROFIT SHARING PL

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