Retirement plan

KOHNEN CONCRETE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Name: KOHNEN CONCRETE PRODUCTS, INC. - KOHNEN CONCRETE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: KOHNEN CONCRETE PRODUCTS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KOHNEN CONCRETE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN, KOHNEN CONCRETE PRODUCTS, INC.

KOHNEN CONCRETE PRODUCTS, INC.EIN 37-1068137Plan #001PY 2019

P.O. BOX 276, 1126 OLD CARYLE RD. - GERMANTOWN, IL 622450276618-523-4266kohnenconcrete.comLinkedIn1-10 employeesconstruction

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$3.1M

+12.2% from 2018

Total participants

-4.7% from 2018

Average account balance

$75,941

+1.2% from 2018

Annual return

14.86%

+21.71 pp from 2018

Benchmarks

See 15,814 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,814 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.02M

Not enough data

1 years with asset history on file

Average account balance

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

$96K

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

$234K

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

+8.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$13243

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 codes2E2J2F2G3D

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.
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

$283K

$7264 / participant

Other / not subdivided$283K100.0%

% of EOY assets

9.099%

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

$75,941

$65,361+16.2%

$92,903-18.3%

$72,983+4.1%

Participation rate

100.0%

68.3%+31.7pp

76.0%+24.0pp

69.5%+30.5pp

Annual return

14.86%

42.11%-27.2pp

109.43%-94.6pp

81.01%-66.2pp

Employer contribution / active EE

$2,337

$2,594-9.9%

$3,653-36.0%

$2,440-4.2%

Participant deferral / active EE

$2,271

$3,128-27.4%

$4,238-46.4%

$3,608-37.1%

Admin fee / account holder

$6,910

$4,251+62.5%

$5,795+19.2%

$5,124+34.8%

KOHNEN CONCRETE PRODUCTS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KOHNEN CONCRETE PRODUCTS, 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