Retirement plan

KENDALL HOUSE, INC. 401(K) PROFIT SHARING PLAN

Name: KENDALL HOUSE, INC. - KENDALL HOUSE, INC. 401(K) PROFIT SHARING PLAN (2017) Form 5500
Creator: KENDALL HOUSE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENDALL HOUSE, INC. 401(K) PROFIT SHARING PLAN, KENDALL HOUSE, INC.

KENDALL HOUSE, INC.EIN 34-1027593Plan #001PY 2017

1207 LINCOLNWAY, EAST - MASSILLON, OH 446466952330-837-5041kendallhouseinc.comLinkedIn201-500 employees

Prospect flagsLow returnsLow participation

How to read this page

Total assets (EOY)

$4.4M

+12.0% from 2016

Total participants

296

+18.9% from 2016

Average account balance

$65,920

+35.4% from 2016

Annual return

13.95%

+7.52 pp from 2016

Benchmarks

See 698 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort698 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.29M

Not enough data

1 years with asset history on file

Average account balance

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

$41K

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.

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.

24.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$320K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$959

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

+13.20%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1401

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
HUNTINGTON NATIONAL BANK3+ years Filed as: HUNTINGTON BANK Service code 15 · EIN 31-0966785	Recordkeeping	$6,363
TRANSAMERICA RETIREMENT SOLUTIONS1 year Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$845
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW FINANCIAL, INC. Service code 27 · EIN 36-3194884	Advisory (Plan)	$824

Plan features & details

Pension benefit codes2E2G2J2K2T3D2F

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$8K

$30 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.182%

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: R.D. ALLISON & ASSOCIATES, INC.
Auditor EIN: 341797763
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$65,920

$28,416+132.0%

$73,550-10.4%

$69,631-5.3%

Participation rate

15.8%

38.3%-22.5pp

54.9%-39.1pp

70.7%-54.9pp

Annual return

13.95%

-694.13%+708.1pp

-15.16%+29.1pp

27571.02%-27557.1pp

Employer contribution / active EE

$299

$430-30.6%

$1,219-75.5%

$2,032-85.3%

Participant deferral / active EE

$414

$897-53.9%

$1,804-77.1%

$3,224-87.2%

Admin fee / account holder

$120

$104+14.9%

$2,320-94.8%

$110+8.6%

Provider

Service type

Compensation

HUNTINGTON NATIONAL BANK3+ years

Filed as: HUNTINGTON BANK

Service code 15 · EIN 31-0966785

Recordkeeping

$6,363

TRANSAMERICA RETIREMENT SOLUTIONS1 year

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$845

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW FINANCIAL, INC.

Service code 27 · EIN 36-3194884

Advisory (Plan)

$824

KENDALL HOUSE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENDALL HOUSE, 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