Retirement plan

THE KLEINGERS GROUP RETIREMENT SAVINGS PLAN

Name: THE KLEINGERS GROUP - THE KLEINGERS GROUP RETIREMENT SAVINGS PLAN (2024) Form 5500
Creator: THE KLEINGERS GROUP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE KLEINGERS GROUP RETIREMENT SAVINGS PLAN, THE KLEINGERS GROUP

THE KLEINGERS GROUPEIN 31-1368100Plan #001PY 2024

6219 CENTRE PARK DRIVE - WEST CHESTER, OH 45069513-779-7851kleingers.comLinkedIn51-200 employeescivil engineering

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19M

+19.1% from 2023

Total participants

167

-20.1% from 2023

Average account balance

$127,573

+5.6% from 2023

Annual return

15.25%

-7.42 pp from 2023

Benchmarks

See 6,285 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,285 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.01M

Not enough data

1 years with asset history on file

Average account balance

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

$128K

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.

149

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.

86.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+15.25%

Not enough data

1 years with return on file

Admin fee / account holder

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

$301

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
RELIANCE TRUST COMPANY1 year Filed as: RELIANCE TRUST Service code 21 701 WESTCHESTER AVENUE · WHITE PLAINS, NY 10604	Bank Trustee	$29,773
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745	Recordkeeping	$15,095
PENTEGRA SERVICES, INC.1 year Filed as: PENTEGRA TRUST Service code 15 701 WESTCHESTER AVE. · WHITE PLAINS, NC 10604	Recordkeeping	$7,966
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW FINANCIAL Service code 15 P.O. BOX 771059 · CHICAGO, IL 606771059	Recordkeeping	$6,484

Plan features & details

Pension benefit codes2E2F2G2J2S2T3D

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.
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.
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

1 tripped

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

$45K

$328 / participant

Recordkeeping$32K70.4%
Investment mgmt$13K29.6%

% of EOY assets

0.236%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CLARK, SCHAEFER, HACKETT & CO.
Auditor EIN: 310800053
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$127,573

$101,591+25.6%

$147,096-13.3%

$74,429+71.4%

Participation rate

86.9%

75.5%+11.3pp

82.2%+4.7pp

67.2%+19.6pp

Annual return

15.25%

8746.45%-8731.2pp

419.75%-404.5pp

1368.38%-1353.1pp

Employer contribution / active EE

$3,775

$3,813-1.0%

$4,936-23.5%

$2,625+43.8%

Participant deferral / active EE

$9,127

$7,302+25.0%

$8,071+13.1%

$4,348+109.9%

Admin fee / account holder

$301

$1,750-82.8%

$13,005-97.7%

$1,944-84.5%

Provider

Service type

Compensation

RELIANCE TRUST COMPANY1 year

Filed as: RELIANCE TRUST

Service code 21

701 WESTCHESTER AVENUE · WHITE PLAINS, NY 10604

Bank Trustee

$29,773

ADP BROKER-DEALER1 year

Filed as: ADP, INC.

Service code 15 · EIN 13-3036745

Recordkeeping

$15,095

PENTEGRA SERVICES, INC.1 year

Filed as: PENTEGRA TRUST

Service code 15

701 WESTCHESTER AVE. · WHITE PLAINS, NC 10604

Recordkeeping

$7,966

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW FINANCIAL

Service code 15

P.O. BOX 771059 · CHICAGO, IL 606771059

Recordkeeping

$6,484

THE KLEINGERS GROUP RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE KLEINGERS GROUP RETIREMENT SAVINGS 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