Retirement plan

ALBERT KAHN ASSOCIATES, INC. EMPLOYEES RETIREMENT SAVINGS PLAN

Name: ALBERT KAHN ASSOCIATES, INC. - ALBERT KAHN ASSOCIATES, INC. EMPLOYEES RETIREMENT SAVINGS PLAN (2018) Form 5500
Creator: ALBERT KAHN ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALBERT KAHN ASSOCIATES, INC. EMPLOYEES RETIREMENT SAVINGS PLAN, ALBERT KAHN ASSOCIATES, INC.

ALBERT KAHN ASSOCIATES, INC.EIN 38-0702839Plan #003PY 2018

3011 W GRAND BLVD STE 1800 - DETROIT, MI 482023000313-202-7000albertkahn.comLinkedIn51-200 employeesarchitecture & planning

Other plans on this EIN

2 filings

#002Retirement-$9.9M assets #001Retirement-$3.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$18.1M

+7.3% from 2017

Total participants

-7.9% from 2017

Average account balance

$263,033

+1.1% from 2017

Annual return

15.06%

-4.57 pp from 2017

Benchmarks

See 25,535 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,535 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.06M

Not enough data

1 years with asset history on file

Average account balance

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

$238K

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.

101

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.

65.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$567K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+15.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43712

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 codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$1.8M

$29722 / participant

Other / not subdivided$2M100.0%

% of EOY assets

9.990%

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

$263,033

$77,817+238.0%

$123,553+112.9%

$64,173+309.9%

Participation rate

78.7%

74.7%+4.0pp

82.3%-3.6pp

69.6%+9.1pp

Annual return

15.06%

12.49%+2.6pp

119.21%-104.1pp

7.63%+7.4pp

Employer contribution / active EE

$1,491

$3,014-50.5%

$4,628-67.8%

$2,381-37.4%

Participant deferral / active EE

$6,621

$5,240+26.4%

$6,426+3.0%

$3,470+90.8%

Admin fee / account holder

$26,276

$5,519+376.1%

$9,284+183.0%

$4,887+437.6%

ALBERT KAHN ASSOCIATES, INC. EMPLOYEES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALBERT KAHN ASSOCIATES, INC. EMPLOYEES 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