Retirement plan

KEMPER CPA GROUP LLP EMPLOYEES PROFIT SHARING PLAN

Name: KEMPER CPA GROUP LLP - KEMPER CPA GROUP LLP EMPLOYEES PROFIT SHARING PLAN (2016) Form 5500
Creator: KEMPER CPA GROUP LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEMPER CPA GROUP LLP EMPLOYEES PROFIT SHARING PLAN, KEMPER CPA GROUP LLP

KEMPER CPA GROUP LLPEIN 37-0818432Plan #001PY 2016

PO BOX 694 - ROBINSON, IL 624549999812-882-7730onepassionplace.comLinkedIn1-10 employeesretail

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$37.1M

No prior year

Total participants

336

No prior year

Average account balance

$111,012

No prior year

Annual return

-1.90%

No prior year

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$80.61M

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.

476

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.

96.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+9.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$520

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 2 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.1+ years Filed as: ALERUS Service code 15 · EIN 45-0140105 TWO PINE TREE DR STE 400 · ARDEN HILLS, MN 55112	Recordkeeping	$99,119
MARTIN HOOD LLC1+ years Filed as: MARTIN HOOD FRIESE & ASSOCIATES LLC Service code 10 · EIN 37-1119790 2507 SOUTH NEIL ST. · CHAMPAIGN, IL 61820	Accounting	$8,600

Plan features & details

Pension benefit codes2E2F2G2J3B3D

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$111K

$417 / participant

Other / not subdivided$111K100.0%

% of EOY assets

0.299%

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: MARTIN HOOD FRIESE & ASSOCIATES LLC
Auditor EIN: 371119790
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$111,012

$80,177+38.5%

$123,894-10.4%

$57,658+92.5%

Participation rate

99.2%

74.4%+24.8pp

81.4%+17.8pp

70.2%+29.0pp

Annual return

-1.90%

17.90%-19.8pp

47.52%-49.4pp

5.13%-7.0pp

Employer contribution / active EE

$4,746

$2,913+62.9%

$4,617+2.8%

$1,974+140.5%

Participant deferral / active EE

$4,154

$5,130-19.0%

$5,984-30.6%

$3,061+35.7%

Admin fee / account holder

$332

$106+212.4%

$8,357-96.0%

$95+251.4%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.1+ years

Filed as: ALERUS

Service code 15 · EIN 45-0140105

TWO PINE TREE DR STE 400 · ARDEN HILLS, MN 55112

Recordkeeping

$99,119

MARTIN HOOD LLC1+ years

Filed as: MARTIN HOOD FRIESE & ASSOCIATES LLC

Service code 10 · EIN 37-1119790

2507 SOUTH NEIL ST. · CHAMPAIGN, IL 61820

Accounting

$8,600

KEMPER CPA GROUP LLP EMPLOYEES PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEMPER CPA GROUP LLP EMPLOYEES 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