Retirement plan

A.J. KIRKWOOD & ASSOCIATES, INC 401(K) PROFIT SHARING PLAN

Name: A.J. KIRKWOOD & ASSOCIATES, INC. - A.J. KIRKWOOD & ASSOCIATES, INC 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: A.J. KIRKWOOD & ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, A.J. KIRKWOOD & ASSOCIATES, INC 401(K) PROFIT SHARING PLAN, A.J. KIRKWOOD & ASSOCIATES, INC.

A.J. KIRKWOOD & ASSOCIATES, INC.EIN 33-0707710Plan #001PY 2023

4300 N. HARBOR BLVD - FULLERTON, CA 92835714-505-7977ajk-a.comLinkedIn201-500 employeesconstruction

Other plans on this EIN

1 filing

#003Retirement-$23.8M assets

Prospect flagsRecently cancelled planLow returnsFailed to transmit contributionsWind-down / frozen

How to read this page

Total assets (EOY)

-100.0% from 2022

Total participants

-100.0% from 2022

Average account balance

-100.0% from 2022

Annual return

-95.21%

-81.41 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

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

$2.51M

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

-95.21%

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

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$73,553
NFP RETIREMENT INC1 year Filed as: NFP RETIREMENT INC. Service code 26 · EIN 33-0905143	Advisory (Participants)	$23,833
ACCELERATE INVESTMENT ADVISORS LLC1 year Filed as: ACCELERATE INVESTMENT ADVISORS Service code 26 · EIN 92-2678185	Advisory (Participants)	$10,290
ADMIN. GROUP, LLC DBA TAG RESOURCES1 year Service code 15 · EIN 62-1874769	Recordkeeping	$7,340
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA RET. SOLUTIONS, LLC Service code 15 · EIN 13-3689044	Recordkeeping	$7,009

Plan features & details

Pension benefit codes2A2E2J2F2G3D

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.
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.
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

4 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$122K

Recordkeeping$88K72.0%
Investment mgmt$34K28.0%

% of EOY assets

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: TEMPLETON & COMPANY
Auditor EIN: 141918990
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,280-100.0%

$96,538-100.0%

$139,487-100.0%

Participation rate

0.0%

77.8%-77.8pp

74.3%-74.3pp

80.3%-80.3pp

Annual return

-95.21%

38.48%-133.7pp

35.74%-130.9pp

373.84%-469.1pp

Employer contribution / active EE

$4,107-100.0%

$3,740-100.0%

$4,755-100.0%

Participant deferral / active EE

$5,457-100.0%

$4,880-100.0%

$6,713-100.0%

Admin fee / account holder

$7,888-100.0%

$6,737-100.0%

$11,407-100.0%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

$73,553

NFP RETIREMENT INC1 year

Filed as: NFP RETIREMENT INC.

Service code 26 · EIN 33-0905143

Advisory (Participants)

$23,833

ACCELERATE INVESTMENT ADVISORS LLC1 year

Filed as: ACCELERATE INVESTMENT ADVISORS

Service code 26 · EIN 92-2678185

Advisory (Participants)

$10,290

ADMIN. GROUP, LLC DBA TAG RESOURCES1 year

Service code 15 · EIN 62-1874769

Recordkeeping

$7,340

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA RET. SOLUTIONS, LLC

Service code 15 · EIN 13-3689044

Recordkeeping

$7,009

A.J. KIRKWOOD & ASSOCIATES, INC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

A.J. KIRKWOOD & ASSOCIATES, 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