Retirement plan

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

Name: KUKURIN CONTRACTING, INC. - KUKURIN CONTRACTING, INC. 401(K) PROFIT SHARING PLAN (2019) 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 PLAN, KUKURIN CONTRACTING, INC.

KUKURIN CONTRACTING, INC.EIN 25-1396122Plan #005PY 2019

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

Other plans on this EIN

1 filing

#001Retirement-$11.6M assets

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$6.7M

+30.7% from 2018

Total participants

140

+10.2% from 2018

Average account balance

$128,075

+23.1% from 2018

Annual return

26.54%

+29.98 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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
EDWARD JONES2 years Service code 27 · EIN 43-0345811	Advisory (Plan)	$11,233
HERBEIN & COMPANY, INC.2 years Filed as: HERBEIN & COMPANY INC. Service code 10 · EIN 23-2415973	Accounting	$5,000
MASSACHUSETTS MUTUAL LIFE INS. CO.4 years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$3,195
AMERICAN FUNDS3 years Service code 52 · EIN 95-1411037	Indirect Investment Fees	$0
ENVESTNET RETIREMENT SOLUTIONS, LLC3 years Service code 28 · EIN 61-1732930	Investment Management	$0
FRANKLIN TEMPLETON1 year Filed as: FRANKLINTEMPLETON Service code 52 · EIN 13-3151768	Indirect Investment Fees	$0
LEGG MASON3 years Service code 52 · EIN 13-4146187	Indirect Investment Fees	$0
MFS INVESTMENT MANAGEMENT3 years Service code 52 · EIN 04-3158862	Indirect Investment Fees	$0
NORTHERN FUNDS3 years Service code 52 · EIN 36-3608252	Indirect Investment Fees	$0
T ROWE PRICE RPS INC3 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

2 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.)

Expense breakdown

Schedule H Part II

Admin total

$23K

$164 / participant

Investment mgmt$14K62.0%
Contract admin$1600.7%
Other / not subdivided$9K37.3%

% of EOY assets

0.345%

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

$128,075

$63,114+102.9%

$92,915+37.8%

$65,186+96.5%

Participation rate

37.1%

68.8%-31.6pp

76.0%-38.9pp

70.2%-33.1pp

Annual return

26.54%

28.75%-2.2pp

109.45%-82.9pp

29.39%-2.8pp

Employer contribution / active EE

$979

$2,571-61.9%

$3,653-73.2%

$2,177-55.0%

Participant deferral / active EE

$2,178

$3,108-29.9%

$4,238-48.6%

$3,514-38.0%

Admin fee / account holder

$442

$624-29.1%

$5,796-92.4%

$847-47.8%

Provider

Service type

Compensation

EDWARD JONES2 years

Service code 27 · EIN 43-0345811

Advisory (Plan)

$11,233

HERBEIN & COMPANY, INC.2 years

Filed as: HERBEIN & COMPANY INC.

Service code 10 · EIN 23-2415973

Accounting

$5,000

MASSACHUSETTS MUTUAL LIFE INS. CO.4 years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$3,195

AMERICAN FUNDS3 years

Service code 52 · EIN 95-1411037

Indirect Investment Fees

ENVESTNET RETIREMENT SOLUTIONS, LLC3 years

Service code 28 · EIN 61-1732930

Investment Management

FRANKLIN TEMPLETON1 year

Filed as: FRANKLINTEMPLETON

Service code 52 · EIN 13-3151768

Indirect Investment Fees

LEGG MASON3 years

Service code 52 · EIN 13-4146187

Indirect Investment Fees

MFS INVESTMENT MANAGEMENT3 years

Service code 52 · EIN 04-3158862

Indirect Investment Fees

NORTHERN FUNDS3 years

Service code 52 · EIN 36-3608252

Indirect Investment Fees

T ROWE PRICE RPS INC3 years

Filed as: T. ROWE PRICE

Service code 52 · EIN 52-1151266

Indirect Investment Fees

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KUKURIN CONTRACTING, INC. 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