Retirement plan

KL&A 401(K) PLAN

Name: KUNZ LEIGH, & ASSOCIATES - KL&A 401(K) PLAN (2024) Form 5500
Creator: KUNZ LEIGH, & ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KL&A 401(K) PLAN, KUNZ LEIGH, & ASSOCIATES

KUNZ LEIGH, & ASSOCIATESEIN 38-3051652Plan #001PY 2024

P.O. BOX 760187 - LATHRUP VILLAGE, MI 480760187248-559-7910kunzleigh.comLinkedIn51-200 employeescomputer software

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$19.8M

+26.1% from 2023

Total participants

191

+11.7% from 2023

Average account balance

$103,421

+12.9% from 2023

Annual return

17.30%

-3.76 pp from 2023

Benchmarks

See 6,278 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,278 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$19.75M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

191

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

$2.56M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+17.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$335

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 3 by compensation

Provider	Service type	Compensation
ROCKEFELLER FINANCIAL LLC1 year Service code 27 45 ROCKEFELLER PLAZA, 5FL · NEW YORK, NY 10111	Advisory (Plan)	$29,723
MERRILL LYNCH PIERCE FENNER & SMITH6 years Service code 27 1400 AMERICAN BLVD, BLDG #4 · PENNINGTON, NJ 08534	Advisory (Plan)	$18,807
GREAT-WEST LIFE & ANNUITY INSURANCE3 years Filed as: EMPOWER ANNUITY INC CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$15,371

Plan features & details

Pension benefit codes2E2J2F2G2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$64K

$388 / participant

Recordkeeping$16K24.2%
Investment mgmt$49K75.8%

% of EOY assets

0.324%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE & MORAN, PLLC
Auditor EIN: 331498605
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$103,421

$101,672+1.7%

$147,117-29.7%

$74,478+38.9%

Participation rate

100.0%

75.5%+24.5pp

82.2%+17.8pp

67.2%+32.8pp

Annual return

17.30%

8757.83%-8740.5pp

420.54%-403.2pp

1370.56%-1353.3pp

Employer contribution / active EE

$5,242

$3,813+37.5%

$4,932+6.3%

$2,626+99.6%

Participant deferral / active EE

$10,300

$7,305+41.0%

$8,065+27.7%

$4,350+136.8%

Admin fee / account holder

$335

$1,753-80.9%

$12,993-97.4%

$1,946-82.8%

Provider

Service type

Compensation

ROCKEFELLER FINANCIAL LLC1 year

Service code 27

45 ROCKEFELLER PLAZA, 5FL · NEW YORK, NY 10111

Advisory (Plan)

$29,723

MERRILL LYNCH PIERCE FENNER & SMITH6 years

Service code 27

1400 AMERICAN BLVD, BLDG #4 · PENNINGTON, NJ 08534

Advisory (Plan)

$18,807

GREAT-WEST LIFE & ANNUITY INSURANCE3 years

Filed as: EMPOWER ANNUITY INC CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$15,371

KL&A 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KL&A 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