Retirement plan

KALIN CONSTRUCTION COMPANY, INC. 401(K) PLAN

Name: KALIN CONSTRUCTION COMPANY, INC. - KALIN CONSTRUCTION COMPANY, INC. 401(K) PLAN (2018) Form 5500
Creator: KALIN CONSTRUCTION COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KALIN CONSTRUCTION COMPANY, INC. 401(K) PLAN, KALIN CONSTRUCTION COMPANY, INC.

KALIN CONSTRUCTION COMPANY, INC.EIN 38-2193501Plan #002PY 2018

2663 YORE AVENUE - SODUS, MI 49126269-925-2746kalininc.comLinkedIn51-200 employeesconstruction

Other plans on this EIN

1 filing

#001Retirement-$2.4M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.1M

-1.8% from 2017

Total participants

-9.2% from 2017

Average account balance

$65,040

+9.5% from 2017

Annual return

-7.60%

-23.63 pp from 2017

Benchmarks

See 15,017 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,017 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.22M

Not enough data

1 years with asset history on file

Average account balance

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

$144K

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.

107.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$865K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+14.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$9300

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 codes2E2F2G2J3D

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

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

$219K

$3422 / participant

Other / not subdivided$219K100.0%

% of EOY assets

4.317%

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

$65,040

$57,350+13.4%

$83,850-22.4%

$64,181+1.3%

Participation rate

98.4%

68.6%+29.8pp

76.1%+22.3pp

69.6%+28.9pp

Annual return

-7.60%

11.38%-19.0pp

850.92%-858.5pp

7.63%-15.2pp

Employer contribution / active EE

$2,637

$2,545+3.6%

$3,631-27.4%

$2,381+10.8%

Participant deferral / active EE

$5,468

$2,993+82.7%

$4,082+34.0%

$3,470+57.6%

Admin fee / account holder

$2,808

$4,046-30.6%

$5,478-48.7%

$4,887-42.5%

KALIN CONSTRUCTION COMPANY, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KALIN CONSTRUCTION COMPANY, INC. 401(K) 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