Retirement plan

K & S PLUMBING 401K PLAN

Name: K & S PLUMBING, INC. - K & S PLUMBING 401K PLAN (2021) Form 5500
Creator: K & S PLUMBING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, K & S PLUMBING 401K PLAN, K & S PLUMBING, INC.

K & S PLUMBING, INC.EIN 38-2425002Plan #001PY 2021

6980 HAMMOND AVE. SE - CALEDONIA, MI 493168351616-698-6790ksplumbing.comLinkedIn11-50 employeesconstruction

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$1.1M

+21.0% from 2020

Total participants

0.0% from 2020

Average account balance

$79,525

+21.0% from 2020

Annual return

17.60%

-4.27 pp from 2020

Benchmarks

See 44,719 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort44,719 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.42M

Not enough data

1 years with asset history on file

Average account balance

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

$142K

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.

71.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+17.80%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7891

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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

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

$79,525

$124,298-36.0%

$109,152-27.1%

$167,497-52.5%

Participation rate

73.3%

79.4%-6.1pp

75.9%-2.5pp

82.1%-8.8pp

Annual return

17.60%

26.04%-8.4pp

25.75%-8.2pp

478.62%-461.0pp

Employer contribution / active EE

$4,208-100.0%

$3,722-100.0%

$4,838-100.0%

Participant deferral / active EE

$2,096

$5,256-60.1%

$4,653-55.0%

$6,341-66.9%

Admin fee / account holder

$7,971-100.0%

$6,753-100.0%

$12,310-100.0%

K & S PLUMBING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

K & S PLUMBING 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion