Retirement plan

KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN

Name: KAI MING, INC. - KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN (2025) Form 5500
Creator: KAI MING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN, KAI MING, INC.

KAI MING, INC.EIN 51-0137847Plan #001PY 2025

933 HOWARD STREET - SAN FRANCISCO, CA 94103415-982-4777LinkedIn1-10 employees

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$21.6M

+23.6% from 2024

Total participants

259

+4.0% from 2024

Average account balance

$83,648

+18.8% from 2024

Annual return

11.33%

-4.96 pp from 2024

Benchmarks

See 618 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants100-249

Cohort618 peers

Snapshot2025

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.58M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

258

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.74M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+11.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14

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 1 by compensation

Provider	Service type	Compensation
TIAA2 years Service code 15 · EIN 13-1624203	Recordkeeping	$981

Plan features & details

Pension benefit codes2F2K2M2S2T3D

Plan features

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).
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2M
Code section 403(b)(7) accounts
Plan uses Code section 403(b)(7) custodial accounts as a funding vehicle.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$4K

$21 / participant

Recordkeeping$98128.0%
Other / not subdivided$3K72.0%

% of EOY assets

0.016%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HARSHWAL & COMPANY, LLP
Auditor EIN: 270741376
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$83,648

$65,084+28.5%

$67,681+23.6%

$64,340+30.0%

Participation rate

99.4%

66.7%+32.7pp

73.7%+25.7pp

55.2%+44.2pp

Annual return

11.33%

20.50%-9.2pp

590.58%-579.3pp

24.14%-12.8pp

Employer contribution / active EE

$9,770

$2,398+307.3%

$2,678+264.8%

$1,862+424.8%

Participant deferral / active EE

$6,349

$3,210+97.8%

$3,976+59.7%

$2,980+113.0%

Admin fee / account holder

$14

$1,415-99.0%

$6,100-99.8%

$3,703-99.6%

Provider

Service type

Compensation

TIAA2 years

Service code 15 · EIN 13-1624203

Recordkeeping

$981

KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAI MING, INC. 403(B) DEFINED CONTRIBUTION RETIREMENT 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