Retirement plan

ACCURATE SUPERIOR SCALE OF KAN 401(K) PROFIT SHARING PLAN & TRUST

Name: ACCURATE SUPERIOR SCALE OF KAN - ACCURATE SUPERIOR SCALE OF KAN 401(K) PROFIT SHARING PLAN & TRUST (2024) Form 5500
Creator: ACCURATE SUPERIOR SCALE OF KAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ACCURATE SUPERIOR SCALE OF KAN 401(K) PROFIT SHARING PLAN & TRUST, ACCURATE SUPERIOR SCALE OF KAN

ACCURATE SUPERIOR SCALE OF KANEIN 43-1908517Plan #001PY 2024

1830 LINN ST - NORTH KANSAS CITY, MO 641163627816-365-5804acscale.comLinkedIn11-50 employeesindustrial automation

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$131K

+668.9% from 2017

Total participants

-14.3% from 2017

Average account balance

$26,195

+976.5% from 2017

Annual return

14.15%

-26.63 pp from 2017

Benchmarks

See 6,251 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants<25

Cohort6,251 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$131K

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

41.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$18K

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

+14.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$51

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 codes2E2F2G2J2T3D

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.
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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$256

$21 / participant

Other / not subdivided$256100.0%

% of EOY assets

0.195%

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

$26,195

$150,435-82.6%

$120,580-78.3%

$145,897-82.0%

Participation rate

41.7%

78.8%-37.1pp

72.0%-30.3pp

80.3%-38.6pp

Annual return

14.15%

154.60%-140.4pp

107.48%-93.3pp

552.29%-538.1pp

Employer contribution / active EE

$4,352-100.0%

$3,469-100.0%

$4,663-100.0%

Participant deferral / active EE

$1,526

$6,174-75.3%

$4,995-69.5%

$6,689-77.2%

Admin fee / account holder

$51

$12,182-99.6%

$9,418-99.5%

$13,390-99.6%

ACCURATE SUPERIOR SCALE OF KAN 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ACCURATE SUPERIOR SCALE OF KAN 401(K) PROFIT SHARING PLAN & TRUST

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