Retirement plan

KANA PIPELINE, INC. 401(K) PROFIT SHARING PLAN

Name: KANA PIPELINE, INC. - KANA PIPELINE, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: KANA PIPELINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KANA PIPELINE, INC. 401(K) PROFIT SHARING PLAN, KANA PIPELINE, INC.

KANA PIPELINE, INC.EIN 33-0694239Plan #001PY 2019

12620 MAGNOLIA AVE. - RIVERSIDE, CA 92503714-986-1400

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$9.6M

+26.6% from 2018

Total participants

224

-1.3% from 2018

Average account balance

$42,866

+21.0% from 2018

Annual return

23.13%

+29.92 pp from 2018

Benchmarks

See 2,830 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort2,830 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$15.27M

Not enough data

1 years with asset history on file

Average account balance

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

$73K

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.

208

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.

76.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.24%

Not enough data

1 years with return on file

Admin fee / account holder

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

$359

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 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN FINANCIAL SECURITIES CORPOR Service code 49 · EIN 02-0275490 ATTN LFS COMMISSIONS · CONCORD, NH 03301	Other Services	$19,174
PRINCIPAL LIFE INSURANCE COMPANY5+ years Service code 13 · EIN 42-0127290	Contract Administrator	$8,616
BENEFIT ASSOCIATES, INC.2 years Service code 49 · EIN 95-3775762 16541 GOTHARD STREET · HUNTINGTON BEACH, CA 92647	Other Services	$5,615

Plan features & details

Pension benefit codes2E2G2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$9K

$45 / participant

Other / not subdivided$9K100.0%

% of EOY assets

0.090%

all-in expense ratio

Categories reported

0 / 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: WITHUM, SMITH & BROWN, PC
Auditor EIN: 222027092
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,866

$63,114-32.1%

$92,915-53.9%

$65,186-34.2%

Participation rate

100.0%

68.8%+31.2pp

76.0%+24.0pp

70.2%+29.8pp

Annual return

23.13%

28.75%-5.6pp

109.45%-86.3pp

29.39%-6.3pp

Employer contribution / active EE

$1,600

$2,571-37.7%

$3,653-56.2%

$2,177-26.5%

Participant deferral / active EE

$2,488

$3,108-20.0%

$4,238-41.3%

$3,514-29.2%

Admin fee / account holder

$38

$624-93.8%

$5,796-99.3%

$847-95.5%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION2 years

Filed as: LINCOLN FINANCIAL SECURITIES CORPOR

Service code 49 · EIN 02-0275490

ATTN LFS COMMISSIONS · CONCORD, NH 03301

Other Services

$19,174

PRINCIPAL LIFE INSURANCE COMPANY5+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$8,616

BENEFIT ASSOCIATES, INC.2 years

Service code 49 · EIN 95-3775762

16541 GOTHARD STREET · HUNTINGTON BEACH, CA 92647

Other Services

$5,615

KANA PIPELINE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KANA PIPELINE, INC. 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