Retirement plan

KINDERSYSTEMS INC.401(K) PLAN

Name: KINDERSYSTEMS, INC. - KINDERSYSTEMS INC.401(K) PLAN (2024) Form 5500
Creator: KINDERSYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINDERSYSTEMS INC.401(K) PLAN, KINDERSYSTEMS, INC.

KINDERSYSTEMS, INC.EIN 33-0719233Plan #002PY 2024

101 STATE PLACE, SUITE Q - ESCONDIDO, CA 92028760-975-9750kindersystems.comLinkedIn51-200 employeescomputer software

Prospect flagsLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$5M

+38.7% from 2023

Total participants

139

-5.4% from 2023

Average account balance

$37,012

+47.9% from 2023

Annual return

16.34%

-6.37 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$5.00M

Not enough data

1 years with asset history on file

Average account balance

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

$37K

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.

135

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.

96.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+16.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$140

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
CAMBRIDGE INVESTMENT RESEARCH2 years Service code 52 1776 PLEASANT PLAIN RD, · FAIRFIELD, IA 52556	Indirect Investment Fees	$18,650
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$3,070
401K ADMINISTRATORS, INC2 years Filed as: 401K AMERICA, INC. Service code 15 14071 PEYTON DRIVE · CHINO HILLS, CA 91709	Recordkeeping	$950

Plan features & details

Pension benefit codes2F2J2K2T3D

Plan features

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).
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.
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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

$19K

$175 / participant

Investment mgmt$19K98.9%
Other / not subdivided$2051.1%

% of EOY assets

0.378%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$37,012

$101,672-63.6%

$147,117-74.8%

$74,478-50.3%

Participation rate

96.3%

75.5%+20.7pp

82.2%+14.1pp

67.2%+29.1pp

Annual return

16.34%

8757.83%-8741.5pp

420.54%-404.2pp

1370.56%-1354.2pp

Employer contribution / active EE

$3,577

$3,813-6.2%

$4,932-27.5%

$2,626+36.2%

Participant deferral / active EE

$6,897

$7,305-5.6%

$8,065-14.5%

$4,350+58.5%

Admin fee / account holder

$140

$1,753-92.0%

$12,993-98.9%

$1,946-92.8%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH2 years

Service code 52

1776 PLEASANT PLAIN RD, · FAIRFIELD, IA 52556

Indirect Investment Fees

$18,650

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$3,070

401K ADMINISTRATORS, INC2 years

Filed as: 401K AMERICA, INC.

Service code 15

14071 PEYTON DRIVE · CHINO HILLS, CA 91709

Recordkeeping

$950

KINDERSYSTEMS INC.401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINDERSYSTEMS INC.401(K) 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