Retirement plan

KELLY PRESS, INC. 401(K) RETIREMENT PLAN

Name: KELLY PRESS, INC. - KELLY PRESS, INC. 401(K) RETIREMENT PLAN (2024) Form 5500
Creator: KELLY PRESS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KELLY PRESS, INC. 401(K) RETIREMENT PLAN, KELLY PRESS, INC.

KELLY PRESS, INC.EIN 52-0975591Plan #002PY 2024

1701 CABIN BRANCH DRIVE - CHEVERLY, MD 20785301-386-2800kellypress.comLinkedIn51-200 employeesprinting

Other plans on this EIN

1 filing

#004Retirement-$1.3M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$28.2M

-4.2% from 2023

Total participants

-6.1% from 2023

Average account balance

$366,645

+2.0% from 2023

Annual return

17.18%

+0.14 pp from 2023

Benchmarks

See 5,395 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort5,395 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$28.23M

Not enough data

1 years with asset history on file

Average account balance

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

$367K

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.

154.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$859K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+17.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$93178

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$7.2M

$143494 / participant

Other / not subdivided$7M100.0%

% of EOY assets

25.414%

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

$366,645

$87,132+320.8%

$105,624+247.1%

$80,959+352.9%

Participation rate

100.0%

70.4%+29.6pp

75.3%+24.7pp

67.7%+32.3pp

Annual return

17.18%

17.03%+0.2pp

116.20%-99.0pp

35.67%-18.5pp

Employer contribution / active EE

$6,553

$2,397+173.4%

$3,168+106.9%

$2,757+137.7%

Participant deferral / active EE

$10,627

$3,985+166.6%

$5,013+112.0%

$4,300+147.1%

Admin fee / account holder

$93,178

$8,449+1002.9%

$10,961+750.1%

$6,925+1245.5%

KELLY PRESS, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KELLY PRESS, INC. 401(K) 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