Retirement plan

KEATING MUETHING & KLEKAMP 401(K) PROFIT SHARING PLAN

Name: KEATING MUETHING & KLEKAMP PLL - KEATING MUETHING & KLEKAMP 401(K) PROFIT SHARING PLAN (2018) 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 2018

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

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$132.9M

+8.5% from 2017

Total participants

258

+1.2% from 2017

Average account balance

$531,469

+7.2% from 2017

Annual return

10.38%

-2.99 pp from 2017

Benchmarks

See 5,340 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,340 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$183.01M

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.

302

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+10.91%

Not enough data

1 years with return on file

Admin fee / account holder

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

$280

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 4 by compensation

Provider	Service type	Compensation
MADISON WEALTH MANAGEMENT3+ years Service code 71 7755 MONTGOMERY RD STE 350 · CINCINNATI, OH 45236	Brokerage Fees	$15,975
TD AMERITRADE, INC.3+ years Service code 33 200 S. 108TH AVENUE · OMAHA, NE 68154	Securities brokerage	$4,789
WEALTHQUEST CORPORATION1 year Service code 71 50 E BUSINESS WAY STE 120 · CINCINNATI, OH 45241	Brokerage Fees	$4,650
FIFTH THIRD BANK RETIREMENT SERVICE3+ years Service code 26 38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263	Advisory (Participants)	$0

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.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$220K

$1082 / participant

Investment mgmt$43K19.5%
Contract admin$177K80.5%

% of EOY assets

0.165%

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

$531,469

$73,102+627.0%

$123,549+330.2%

$56,287+844.2%

Participation rate

96.1%

74.3%+21.7pp

82.3%+13.8pp

69.9%+26.2pp

Annual return

10.38%

3.01%+7.4pp

119.20%-108.8pp

-9.96%+20.3pp

Employer contribution / active EE

$12,630

$2,977+324.3%

$4,628+172.9%

$2,111+498.3%

Participant deferral / active EE

$10,277

$5,423+89.5%

$6,426+59.9%

$3,350+206.8%

Admin fee / account holder

$879

$554+58.7%

$9,284-90.5%

$521+68.7%

Provider

Service type

Compensation

MADISON WEALTH MANAGEMENT3+ years

Service code 71

7755 MONTGOMERY RD STE 350 · CINCINNATI, OH 45236

Brokerage Fees

$15,975

TD AMERITRADE, INC.3+ years

Service code 33

200 S. 108TH AVENUE · OMAHA, NE 68154

Securities brokerage

$4,789

WEALTHQUEST CORPORATION1 year

Service code 71

50 E BUSINESS WAY STE 120 · CINCINNATI, OH 45241

Brokerage Fees

$4,650

FIFTH THIRD BANK RETIREMENT SERVICE3+ years

Service code 26

38 FOUNTAIN SQUARE PLAZA · CINCINNATI, OH 45263

Advisory (Participants)

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