Retirement plan

KINETIX SOLUTIONS MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: KINETIX SOLUTIONS MANAGEMENT, INC. - KINETIX SOLUTIONS MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: KINETIX SOLUTIONS MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINETIX SOLUTIONS MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST, KINETIX SOLUTIONS MANAGEMENT, INC.

KINETIX SOLUTIONS MANAGEMENT, INC.EIN 46-4605396Plan #001PY 2016

18510 S. HARRELL'S FERRY ROAD - BATON ROUGE, LA 70816225-333-7778kbisp.comLinkedIn11-50 employeesinformation technology and services

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$519K

+132.3% from 2015

Total participants

+133.3% from 2015

Average account balance

$43,265

-22.6% from 2015

Annual return

31.23%

-2111.44 pp from 2015

Benchmarks

See 22,113 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort22,113 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.72M

Not enough data

1 years with asset history on file

Average account balance

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

$247K

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.

57.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$195K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+21.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

$40267

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 codes2E2F2G2J2R3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

$3K

$239 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.553%

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

$43,265

$131,835-67.2%

$108,582-60.2%

$273,972-84.2%

Participation rate

83.3%

83.5%-0.1pp

79.6%+3.8pp

83.0%+0.3pp

Annual return

31.23%

-91.57%+122.8pp

-51.70%+82.9pp

41.46%-10.2pp

Employer contribution / active EE

$5,125

$4,913+4.3%

$3,758+36.4%

$4,869+5.3%

Participant deferral / active EE

$13,700

$5,127+167.2%

$4,311+217.8%

$5,287+159.1%

Admin fee / account holder

$239

$10,253-97.7%

$7,645-96.9%

$10,133-97.6%

KINETIX SOLUTIONS MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINETIX SOLUTIONS MANAGEMENT, INC. 401(K) PROFIT SHARING PLAN AND 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