Retirement plan

401(K) TOTAL ADVANTAGE FBO KAHOOTS, INC.

Name: FIDUCIARY WISE, LLC FBO KAHOOTS, INC. - 401(K) TOTAL ADVANTAGE FBO KAHOOTS, INC. (2022) Form 5500
Creator: FIDUCIARY WISE, LLC FBO KAHOOTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, 401(K) TOTAL ADVANTAGE FBO KAHOOTS, INC., FIDUCIARY WISE, LLC FBO KAHOOTS, INC.

FIDUCIARY WISE, LLC FBO KAHOOTS, INC.EIN 33-0630459Plan #101PY 2022

2487 S. GILBERT RD., SUITE 106-454 - GILBERT, AZ 85295480-855-4017LinkedIn1-10 employeesmarketing and advertising

Prospect flagsLow assets / participantLow participant contribution

How to read this page

Total assets (EOY)

$149K

No prior year

Total participants

151

No prior year

Average account balance

$999

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 475 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort475 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$102K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-116.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

See the 3-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

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 codes2A2E2F2G2T3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: GARRETY AND ASSOCIATES CPA LLC
Auditor EIN: 721510008
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$999

$44,642-97.8%

$91,220-98.9%

$66,914-98.5%

Participation rate

98.5%

64.9%+33.6pp

73.2%+25.3pp

69.8%+28.7pp

Annual return

0.00%

-12.29%+12.3pp

114.01%-114.0pp

1.58%-1.6pp

Employer contribution / active EE

$1,136

$1,706-33.4%

$2,850-60.2%

$2,544-55.4%

Participant deferral / active EE

$3,349-100.0%

$4,234-100.0%

$4,237-100.0%

Admin fee / account holder

$521-100.0%

$5,420-100.0%

$593-100.0%

401(K) TOTAL ADVANTAGE FBO KAHOOTS, INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

401(K) TOTAL ADVANTAGE FBO KAHOOTS, INC.

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