Retirement plan

KILLINGSWORTH GEAR 401(K) PLAN

Name: KIMBALL E. SULLIVAN - KILLINGSWORTH GEAR 401(K) PLAN (2024) Form 5500
Creator: KIMBALL E. SULLIVAN
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KILLINGSWORTH GEAR 401(K) PLAN, KIMBALL E. SULLIVAN

KIMBALL E. SULLIVANEIN 46-3529330Plan #001PY 2024

11200 W. WHITESBRIDGE - FRESNO, CA 93706559-846-6509

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$592K

+37.9% from 2023

Total participants

+18.2% from 2023

Average account balance

$53,855

+37.9% from 2023

Annual return

15.13%

+0.53 pp from 2023

Benchmarks

See 10,306 peers

Peer group

Industry45 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort10,306 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$592K

Not enough data

1 years with asset history on file

Average account balance

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

$54K

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.

122.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$98K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+15.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

1 tripped

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$88

$10 / participant

Other / not subdivided$88100.0%

% of EOY assets

0.015%

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

$53,855

$110,093-51.1%

$97,295-44.6%

$145,897-63.1%

Participation rate

77.8%

75.9%+1.9pp

72.7%+5.1pp

80.3%-2.5pp

Annual return

15.13%

244.76%-229.6pp

75.62%-60.5pp

552.29%-537.2pp

Employer contribution / active EE

$2,806

$3,077-8.8%

$2,723+3.0%

$4,663-39.8%

Participant deferral / active EE

$8,071

$4,678+72.5%

$4,264+89.3%

$6,689+20.7%

Admin fee / account holder

$6,212-99.9%

$5,646-99.9%

$13,390-99.9%

KILLINGSWORTH GEAR 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KILLINGSWORTH GEAR 401(K) 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