Retirement plan

KEATING MUETHING & KLEKAMP 401(K) PROFIT SHARING PLAN

Name: KEATING MUETHING & KLEKAMP PLL - KEATING MUETHING & KLEKAMP 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: KEATING MUETHING & KLEKAMP PLL
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEATING MUETHING & KLEKAMP 401(K) PROFIT SHARING PLAN, KEATING MUETHING & KLEKAMP PLL

KEATING MUETHING & KLEKAMP PLLEIN 31-0570030Plan #001PY 2017

1 E 4TH ST STE 1400 - CINCINNATI, OH 452023708513-579-6556kmklaw.comLinkedIn201-500 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$122.5M

+10.5% from 2016

Total participants

255

+0.8% from 2016

Average account balance

$495,908

+10.5% from 2016

Annual return

13.37%

+3.30 pp from 2016

Benchmarks

See 5,160 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,160 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$179.87M

Not enough data

1 years with asset history on file

Average account balance

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

$606K

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.

297

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

$6.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+24.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$720

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 6 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085	Advisory (Participants)	$92,432
HENGEHOLD CAPITAL MANAGEMENT2+ years Service code 26 · EIN 31-1682735	Advisory (Participants)	$49,032
FIFTH THIRD BANK RETIREMENT SERVICE2+ years Service code 26 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Advisory (Participants)	$44,033
COMMONWEALTH FINANCIAL NETWORK2+ years Service code 26 · EIN 04-2675571	Advisory (Participants)	$20,000
JOHNSON BANK2+ years Filed as: JOHNSON INVESTMENT COUNSEL Service code 26 3777 WEST FORK RD · CINCINNATI, OH 45247	Advisory (Participants)	$7,501
TD AMERITRADE, INC.2+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$2,515

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3B3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

3 tripped

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.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$247K

$1225 / participant

Investment mgmt$183K73.9%
Contract admin$65K26.1%

% of EOY assets

0.202%

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: CASSADY SCHILLER
Auditor EIN: 311311065
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$495,908

$80,753+514.1%

$136,298+263.8%

$62,293+696.1%

Participation rate

96.0%

73.5%+22.5pp

81.9%+14.1pp

69.5%+26.5pp

Annual return

13.37%

35.83%-22.5pp

5156.27%-5142.9pp

28.90%-15.5pp

Employer contribution / active EE

$12,409

$2,884+330.3%

$4,696+164.3%

$2,042+507.6%

Participant deferral / active EE

$9,691

$5,164+87.7%

$6,247+55.1%

$3,169+205.8%

Admin fee / account holder

$1,002

$525+90.6%

$9,244-89.2%

$479+109.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH

Service code 26 · EIN 13-5674085

Advisory (Participants)

$92,432

HENGEHOLD CAPITAL MANAGEMENT2+ years

Service code 26 · EIN 31-1682735

Advisory (Participants)

$49,032

FIFTH THIRD BANK RETIREMENT SERVICE2+ years

Service code 26

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Advisory (Participants)

$44,033

COMMONWEALTH FINANCIAL NETWORK2+ years

Service code 26 · EIN 04-2675571

Advisory (Participants)

$20,000

JOHNSON BANK2+ years

Filed as: JOHNSON INVESTMENT COUNSEL

Service code 26

3777 WEST FORK RD · CINCINNATI, OH 45247

Advisory (Participants)

$7,501

TD AMERITRADE, INC.2+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$2,515

KEATING MUETHING & KLEKAMP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEATING MUETHING & KLEKAMP 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