Retirement plan

KI ESOP AND 401(K) SAVINGS PLAN

Name: KRUEGER INTERNATIONAL, INC. - KI ESOP AND 401(K) SAVINGS PLAN (2018) Form 5500
Creator: KRUEGER INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KI ESOP AND 401(K) SAVINGS PLAN, KRUEGER INTERNATIONAL, INC.

KRUEGER INTERNATIONAL, INC.EIN 39-1375589Plan #006PY 2018

P.O. BOX 8100 - GREEN BAY, WI 543088100920-468-8100

Prospect flagsHigh feesFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed April 23, 2004 (most recent of 2 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$342.1M

-14.0% from 2016

Total participants

2,654

-3.7% from 2016

Average account balance

$130,871

-11.1% from 2016

Annual return

-5.07%

-13.50 pp from 2016

Benchmarks

See 831 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort831 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$298.43M

Not enough data

1 years with asset history on file

Average account balance

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

$115K

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.

2,590

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.

98.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.64M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+20.76%

Not enough data

1 years with return on file

Admin fee / account holder

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

$286

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
ASSOCIATED TRUST COMPANY, N.A.4+ years Service code 15 · EIN 30-0219031	Recordkeeping	$803,387
CHARLES SCHWAB & CO., INC.4+ years Service code 27 · EIN 94-1737782	Advisory (Plan)	$37,361
CLS INVESTMENTS1 year Filed as: CLS INVESTMENTS LLC Service code 27 · EIN 32-0070947	Advisory (Plan)	$3,496
CAMBRIDGE INVESTMENT RESEARCH1 year Service code 27 · EIN 20-1665305	Advisory (Plan)	$1,059

Plan features & details

Pension benefit codes2E2H2J2K2R2T3F3H3I2Q2S

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$836K

$441 / participant

Investment mgmt$776K92.8%
Other / not subdivided$60K7.2%

% of EOY assets

0.244%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,871

$78,852+66.0%

$76,768+70.5%

$75,289+73.8%

Participation rate

97.9%

85.0%+12.9pp

77.0%+20.9pp

72.4%+25.5pp

Annual return

-5.07%

-1.29%-3.8pp

2.43%-7.5pp

-0.04%-5.0pp

Employer contribution / active EE

$4,551

$2,794+62.8%

$2,485+83.1%

$2,405+89.2%

Participant deferral / active EE

$3,911

$4,800-18.5%

$3,852+1.5%

$3,739+4.6%

Admin fee / account holder

$320

$79+305.1%

$6,676-95.2%

$102+212.8%

Provider

Service type

Compensation

ASSOCIATED TRUST COMPANY, N.A.4+ years

Service code 15 · EIN 30-0219031

Recordkeeping

$803,387

CHARLES SCHWAB & CO., INC.4+ years

Service code 27 · EIN 94-1737782

Advisory (Plan)

$37,361

CLS INVESTMENTS1 year

Filed as: CLS INVESTMENTS LLC

Service code 27 · EIN 32-0070947

Advisory (Plan)

$3,496

CAMBRIDGE INVESTMENT RESEARCH1 year

Service code 27 · EIN 20-1665305

Advisory (Plan)

$1,059

KI ESOP AND 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KI ESOP AND 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

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