Retirement plan

KENNEDY COMMUNICATIONS, LTD. RETIREMENT SAVINGS PLAN

Name: KENNEDY COMMUNICATIONS, LTD. - KENNEDY COMMUNICATIONS, LTD. RETIREMENT SAVINGS PLAN (2023) Form 5500
Creator: KENNEDY COMMUNICATIONS, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENNEDY COMMUNICATIONS, LTD. RETIREMENT SAVINGS PLAN, KENNEDY COMMUNICATIONS, LTD.

KENNEDY COMMUNICATIONS, LTD.EIN 39-1639262Plan #001PY 2023

9 ODANA COURT - MADISON, WI 537191122608-288-9000

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.5M

+31.0% from 2022

Total participants

-2.9% from 2022

Average account balance

$39,124

+33.1% from 2022

Annual return

19.65%

+12.31 pp from 2022

Benchmarks

See 28,703 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,703 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.09M

Not enough data

1 years with asset history on file

Average account balance

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

$47K

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.

146.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$359K

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

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2210

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

$153K

$3932 / participant

Other / not subdivided$153K100.0%

% of EOY assets

6.222%

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

$39,124

$93,617-58.2%

$135,982-71.2%

$75,177-48.0%

Participation rate

92.3%

75.2%+17.1pp

81.9%+10.4pp

67.2%+25.1pp

Annual return

19.65%

30.89%-11.2pp

68.32%-48.7pp

160.75%-141.1pp

Employer contribution / active EE

$2,197

$3,538-37.9%

$4,859-54.8%

$2,671-17.7%

Participant deferral / active EE

$6,788

$6,406+6.0%

$7,760-12.5%

$4,126+64.5%

Admin fee / account holder

$2,434

$6,980-65.1%

$10,767-77.4%

$5,651-56.9%

KENNEDY COMMUNICATIONS, LTD. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENNEDY COMMUNICATIONS, LTD. 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