Retirement plan

KUNKEL INSUR. AGENCY, INC. SAFE HARBOR 401K

Name: KUNKEL INSURANCE AGENCY, INC. - KUNKEL INSUR. AGENCY, INC. SAFE HARBOR 401K (2020) Form 5500
Creator: KUNKEL INSURANCE AGENCY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KUNKEL INSUR. AGENCY, INC. SAFE HARBOR 401K, KUNKEL INSURANCE AGENCY, INC.

KUNKEL INSURANCE AGENCY, INC.EIN 35-1329253Plan #001PY 2020

414 JACKSON STREET, P. O. BOX 25 - JASPER, IN 47546812-482-4556kunkelinsurance.comLinkedIn11-50 employeesinsurance

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+18.9% from 2019

Total participants

0.0% from 2019

Average account balance

$211,782

+18.9% from 2019

Annual return

11.83%

-10.33 pp from 2019

Benchmarks

See 32,157 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort32,157 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.61M

Not enough data

1 years with asset history on file

Average account balance

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

$326K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$108K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+18.06%

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2J

Plan features

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$12K

$2315 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.911%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$211,782

$197,603+7.2%

$177,827+19.1%

$158,950+33.2%

Participation rate

100.0%

88.5%+11.5pp

87.7%+12.3pp

82.0%+18.0pp

Annual return

11.83%

58.76%-46.9pp

48.32%-36.5pp

302.91%-291.1pp

Employer contribution / active EE

$3,358

$6,698-49.9%

$5,918-43.3%

$4,762-29.5%

Participant deferral / active EE

$11,793

$8,404+40.3%

$7,713+52.9%

$5,983+97.1%

Admin fee / account holder

$1,929

$15,402-87.5%

$12,429-84.5%

$11,248-82.9%

KUNKEL INSUR. AGENCY, INC. SAFE HARBOR 401K

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KUNKEL INSUR. AGENCY, INC. SAFE HARBOR 401K

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