Retirement plan

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

Name: KENDALL HOUSE, INC. - KENDALL HOUSE, INC. 401(K) PROFIT SHARING PLAN & TRUST (2022) 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 & TRUST, KENDALL HOUSE, INC.

KENDALL HOUSE, INC.EIN 34-1027593Plan #001PY 2022

1207 LINCOLN WAY EAST - MASSILLON, OH 44646330-837-5041kendallhouseinc.comLinkedIn201-500 employees

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$2.2M

-14.9% from 2021

Total participants

313

-4.0% from 2021

Average account balance

$32,630

-27.6% from 2021

Annual return

-18.66%

-28.24 pp from 2021

Benchmarks

See 788 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants250-999

Cohort788 peers

Snapshot2022

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

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

Service providers

Top 3 by compensation

Provider	Service type	Compensation
HUNTINGTON NATIONAL BANK2 years Filed as: THE HUNTINGTON NATIONAL BANK Service code 27 · EIN 31-0966785	Advisory (Plan)	$7,476
TRANSAMERICA RETIREMENT SOLUTIONS2 years Service code 15 · EIN 13-3689044	Recordkeeping	$7,212
NEWPORT GROUP, INC.2 years Service code 15 · EIN 27-2037969	Recordkeeping	$3,607

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$18K

$60 / participant

Contract admin$18K100.0%

% of EOY assets

0.801%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$32,630

$30,107+8.4%

$61,452-46.9%

$64,819-49.7%

Participation rate

15.8%

36.4%-20.6pp

52.6%-36.8pp

71.5%-55.7pp

Annual return

-18.66%

-13.99%-4.7pp

338.96%-357.6pp

32.84%-51.5pp

Employer contribution / active EE

$344

$537-35.8%

$1,160-70.3%

$2,507-86.3%

Participant deferral / active EE

$497

$1,126-55.8%

$2,125-76.6%

$4,311-88.5%

Admin fee / account holder

$261

$148+76.3%

$2,131-87.7%

$188+39.2%

Provider

Service type

Compensation

HUNTINGTON NATIONAL BANK2 years

Filed as: THE HUNTINGTON NATIONAL BANK

Service code 27 · EIN 31-0966785

Advisory (Plan)

$7,476

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Service code 15 · EIN 13-3689044

Recordkeeping

$7,212

NEWPORT GROUP, INC.2 years

Service code 15 · EIN 27-2037969

Recordkeeping

$3,607

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

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

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

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