Retirement plan

KIRKENDOLL COMPANY, LLC 401K PROFIT SHARING PLAN

Name: KIRKENDOLL COMPANY, LLC - KIRKENDOLL COMPANY, LLC 401K PROFIT SHARING PLAN (2017) Form 5500
Creator: KIRKENDOLL COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIRKENDOLL COMPANY, LLC 401K PROFIT SHARING PLAN, KIRKENDOLL COMPANY, LLC

KIRKENDOLL COMPANY, LLCEIN 45-2599616Plan #001PY 2017

201 ST. CHARLES AVENUE, SUITE 3915 - NEW ORLEANS, LA 70170504-267-5498LinkedIn51-200 employeesrestaurants

Other plans on this EIN

1 filing

#002Retirement-$418K assets

Prospect flagsLow returnsRecently reached 100 employeesLow fidelity bond

How to read this page

Total assets (EOY)

$790K

+53.0% from 2016

Total participants

106

+8.2% from 2016

Average account balance

$7,450

+32.8% from 2016

Annual return

8.25%

+16.15 pp from 2016

Benchmarks

See 2,983 peers

Peer group

Industry72 - Accommodation and Food Services

Plan typeDefined contribution

Participants25-99

Cohort2,983 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$903K

Not enough data

1 years with asset history on file

Average account balance

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

$14K

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.

43.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$35K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$236

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

+9.45%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1750

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

Top 1 by compensation

Provider	Service type	Compensation
ADP BROKER-DEALER1 year Filed as: PENSION CONSULTANTS, INC. Service code 13 120 SOUTH SIXTH STREET, SUITE 1911 · MINNEAPOLIS, MN 55402	Contract Administrator	$13,811

Plan features & details

Pension benefit codes2A2E2F2G2J2T

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.
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.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$16K

$181 / participant

Investment mgmt$16K100.0%

% of EOY assets

1.972%

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: LEGLUE & COMPANY, CPAS, L.L.C.
Auditor EIN: 823898275
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$7,450

$35,183-78.8%

$73,550-89.9%

$70,126-89.4%

Participation rate

100.0%

42.9%+57.1pp

54.9%+45.1pp

69.5%+30.5pp

Annual return

8.25%

26.90%-18.6pp

-15.16%+23.4pp

73.15%-64.9pp

Employer contribution / active EE

$1,994

$709+181.3%

$1,219+63.5%

$2,343-14.9%

Participant deferral / active EE

$765

$1,220-37.3%

$1,804-57.6%

$3,332-77.1%

Admin fee / account holder

$147

$2,302-93.6%

$2,320-93.7%

$4,645-96.8%

Provider

Service type

Compensation

ADP BROKER-DEALER1 year

Filed as: PENSION CONSULTANTS, INC.

Service code 13

120 SOUTH SIXTH STREET, SUITE 1911 · MINNEAPOLIS, MN 55402

Contract Administrator

$13,811

KIRKENDOLL COMPANY, LLC 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIRKENDOLL COMPANY, LLC 401K 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