Retirement plan

KUTAK ROCK LLP 401(K) PROFIT SHARING PLAN

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

KUTAK ROCK LLPEIN 47-0597598Plan #001PY 2024

1650 FARNAM ST - OMAHA, NE 681022186402-346-6000kutakrock.comLinkedIn501-1000 employeeslaw practice

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$535.8M

+15.8% from 2023

Total participants

1,274

+1.5% from 2023

Average account balance

$463,087

+14.2% from 2023

Annual return

14.01%

-3.19 pp from 2023

Benchmarks

See 950 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort950 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$535.79M

Not enough data

1 years with asset history on file

Average account balance

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

$463K

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.

1,157

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.

88.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+14.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$255

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 3 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB Service code 64 · EIN 94-3025021	Recordkeeping Fees	$160,196
VOYA RETIREMENT INSURANCE & ANNUITY1 year Filed as: VOYA INSTITUTIONAL PLAN SERVICES, L Service code 37 · EIN 04-3516284	Loan Processing	$89,330
INNOVEST PORTFOLIO SOLUTIONS LLC1 year Filed as: INNOVEST Service code 26 · EIN 84-1612955	Advisory (Participants)	$45,000

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$295K

$290 / participant

Recordkeeping$83K28.0%
Investment mgmt$202K68.7%
Contract admin$7K2.2%
Other / not subdivided$3K1.1%

% of EOY assets

0.055%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$463,087

$122,259+278.8%

$147,041+214.9%

$199,874+131.7%

Participation rate

88.5%

78.3%+10.2pp

82.2%+6.3pp

72.0%+16.5pp

Annual return

14.01%

30.58%-16.6pp

419.21%-405.2pp

34.28%-20.3pp

Employer contribution / active EE

$16,090

$4,097+292.7%

$4,935+226.0%

$3,036+429.9%

Participant deferral / active EE

$10,794

$8,504+26.9%

$8,071+33.7%

$5,090+112.1%

Admin fee / account holder

$255

$179+42.2%

$13,006-98.0%

$269-5.4%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB

Service code 64 · EIN 94-3025021

Recordkeeping Fees

$160,196

VOYA RETIREMENT INSURANCE & ANNUITY1 year

Filed as: VOYA INSTITUTIONAL PLAN SERVICES, L

Service code 37 · EIN 04-3516284

Loan Processing

$89,330

INNOVEST PORTFOLIO SOLUTIONS LLC1 year

Filed as: INNOVEST

Service code 26 · EIN 84-1612955

Advisory (Participants)

$45,000

KUTAK ROCK LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KUTAK ROCK 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