Retirement plan

PICKENS-KANE MOVING & STORAGE COMPANY 401(K) RETIREMENT SAVINGS PLAN

Name: PICKENS-KANE MOVING & STORAGE, INC. - PICKENS-KANE MOVING & STORAGE COMPANY 401(K) RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: PICKENS-KANE MOVING & STORAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PICKENS-KANE MOVING & STORAGE COMPANY 401(K) RETIREMENT SAVINGS PLAN, PICKENS-KANE MOVING & STORAGE, INC.

PICKENS-KANE MOVING & STORAGE, INC.EIN 36-2259540Plan #003PY 2017

410 NORTH MILWAUKEE AVENUE - CHICAGO, IL 60654312-942-0330pickenskane.comLinkedIn201-500 employeeswarehousing

Other plans on this EIN

1 filing

#002Retirement-$1.8M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.9M

+21.3% from 2016

Total participants

-1.8% from 2016

Average account balance

$86,456

+26.7% from 2016

Annual return

15.95%

+4.61 pp from 2016

Benchmarks

See 445 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort445 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.10M

Not enough data

1 years with asset history on file

Average account balance

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

$169K

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.

68.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$409K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+16.03%

Not enough data

1 years with return on file

Admin fee / account holder

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

$18222

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 codes2E2F2G2J3D2T

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

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

$194K

$3805 / participant

Other / not subdivided$194K100.0%

% of EOY assets

4.988%

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

$86,456

$49,791+73.6%

$78,210+10.5%

$70,126+23.3%

Participation rate

82.4%

62.3%+20.1pp

68.7%+13.6pp

69.5%+12.8pp

Annual return

15.95%

20.75%-4.8pp

40.90%-25.0pp

73.15%-57.2pp

Employer contribution / active EE

$2,480

$1,430+73.4%

$2,034+21.9%

$2,343+5.8%

Participant deferral / active EE

$4,686

$2,150+117.9%

$2,823+66.0%

$3,332+40.6%

Admin fee / account holder

$4,312

$3,181+35.6%

$3,758+14.7%

$4,645-7.2%

PICKENS-KANE MOVING & STORAGE COMPANY 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PICKENS-KANE MOVING & STORAGE COMPANY 401(K) RETIREMENT SAVINGS 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