Retirement plan

KMH LLP 401(K) PROFIT SHARING PLAN

Name: KMH LLP - KMH LLP 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: KMH LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KMH LLP 401(K) PROFIT SHARING PLAN, KMH LLP

KMH LLPEIN 42-1539623Plan #001PY 2024

1003 BISHOP STREET, SUITE 2400 - HONOLULU, HI 968136469808-526-2255kmhllp.comLinkedIn51-200 employeesaccounting

Prospect flagsHigh feesFailed to transmit contributions

How to read this page

Total assets (EOY)

$22M

+14.2% from 2023

Total participants

125

-7.4% from 2023

Average account balance

$178,995

+25.4% from 2023

Annual return

14.72%

-2.13 pp from 2023

Benchmarks

See 28,860 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,860 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$22.02M

Not enough data

1 years with asset history on file

Average account balance

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

$179K

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.

123

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+14.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$376

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 2 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION8 years Service code 13 · EIN 35-1140070	Contract Administrator	$36,256
SAGEVIEW ADVISORY GROUP, LLC8 years Filed as: SAGEVIEW ADVISORY Service code 26 · EIN 33-0818667	Advisory (Participants)	$10,000

Plan features & details

Pension benefit codes2A2E2F2G2J2T3H2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 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).

Expense breakdown

Schedule H Part II

Admin total

$46K

$617 / participant

Investment mgmt$10K21.6%
Contract admin$36K78.4%

% of EOY assets

0.210%

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: FARBER HASS HURLEY, LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$178,995

$102,385+74.8%

$147,080+21.7%

$80,935+121.2%

Participation rate

97.3%

75.9%+21.5pp

82.2%+15.2pp

67.7%+29.7pp

Annual return

14.72%

135.09%-120.4pp

420.17%-405.4pp

35.66%-20.9pp

Employer contribution / active EE

$3,979

$3,717+7.1%

$4,933-19.3%

$2,757+44.3%

Participant deferral / active EE

$9,598

$6,651+44.3%

$8,066+19.0%

$4,299+123.2%

Admin fee / account holder

$376

$7,951-95.3%

$12,989-97.1%

$6,924-94.6%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION8 years

Service code 13 · EIN 35-1140070

Contract Administrator

$36,256

SAGEVIEW ADVISORY GROUP, LLC8 years

Filed as: SAGEVIEW ADVISORY

Service code 26 · EIN 33-0818667

Advisory (Participants)

$10,000

KMH LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KMH LLP 401(K) PROFIT SHARING 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