Retirement plan

TWO MEN AND A TRUCK 401(K) PROFIT SHARING PLAN

Name: KEMPER MOVING SYSTEMS, INC. D/B/A TWO MEN AND A TRUCK - TWO MEN AND A TRUCK 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: KEMPER MOVING SYSTEMS, INC. D/B/A TWO MEN AND A TRUCK
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TWO MEN AND A TRUCK 401(K) PROFIT SHARING PLAN, KEMPER MOVING SYSTEMS, INC. D/B/A TWO MEN AND A TRUCK

KEMPER MOVING SYSTEMS, INC. D/B/A TWO MEN AND A TRUCKEIN 26-1653470Plan #001PY 2024

8215 STEPHANIE DRIVE, SW - HUNTSVILLE, AL 35802256-885-2515

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$321K

+16.7% from 2023

Total participants

-17.6% from 2023

Average account balance

$64,267

-6.7% from 2023

Annual return

11.79%

-3.95 pp from 2023

Benchmarks

See 50,062 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort50,062 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$321K

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

41.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+11.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$434

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D3H

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).
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

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

$2K

$181 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.675%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$64,267

$88,702-27.5%

$81,780-21.4%

$145,978-56.0%

Participation rate

25.0%

75.0%-50.0pp

72.4%-47.4pp

80.3%-55.3pp

Annual return

11.79%

1029.12%-1017.3pp

776.27%-764.5pp

550.52%-538.7pp

Employer contribution / active EE

$585

$3,084-81.0%

$2,914-79.9%

$4,662-87.5%

Participant deferral / active EE

$715

$4,645-84.6%

$4,321-83.5%

$6,690-89.3%

Admin fee / account holder

$434

$8,414-94.8%

$7,384-94.1%

$13,400-96.8%

TWO MEN AND A TRUCK 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TWO MEN AND A TRUCK 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