Retirement plan

JK MOVING SERVICES & CAPRELO PROFIT SHARING & 401(K) PLAN

Name: JK MOVING AND STORAGE, INC. - JK MOVING SERVICES & CAPRELO PROFIT SHARING & 401(K) PLAN (2022) Form 5500
Creator: JK MOVING AND STORAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JK MOVING SERVICES & CAPRELO PROFIT SHARING & 401(K) PLAN, JK MOVING AND STORAGE, INC.

JK MOVING AND STORAGE, INC.EIN 54-1289302Plan #002PY 2022

44112 MERCURE CIRCLE - STERLING, VA 201662017703-260-4282

Prospect flagsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$39.7M

-16.2% from 2021

Total participants

1,323

0.0% from 2021

Average account balance

$35,470

-19.2% from 2021

Annual return

-17.50%

-32.50 pp from 2021

Benchmarks

See 105 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort105 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$51.08M

Not enough data

1 years with asset history on file

Average account balance

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

$43K

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.

1,182

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.

82.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+12.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$121

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL6 years Service code 37 · EIN 04-2647786	Loan Processing	$86,735
KESTRA INVESTMENT SERVICES LLC8+ years Service code 27 · EIN 35-2552359	Advisory (Plan)	$48,329
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$6,780

Plan features & details

Pension benefit codes2J2K2T2E2F2G3D

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.
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.
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

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$142K

$205 / participant

Investment mgmt$7K4.8%
Other / not subdivided$135K95.2%

% of EOY assets

0.357%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: RUBINO & COMPANY, CHARTERED
Auditor EIN: 521186096
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$35,470

$28,956+22.5%

$71,778-50.6%

$64,824-45.3%

Participation rate

70.7%

65.2%+5.5pp

62.3%+8.3pp

71.5%-0.8pp

Annual return

-17.50%

-7.39%-10.1pp

9.15%-26.7pp

32.84%-50.3pp

Employer contribution / active EE

$2,206

$1,159+90.3%

$1,704+29.4%

$2,507-12.0%

Participant deferral / active EE

$3,162

$2,686+17.7%

$2,656+19.1%

$4,311-26.6%

Admin fee / account holder

$127

$124+1.8%

$3,974-96.8%

$188-32.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL6 years

Service code 37 · EIN 04-2647786

Loan Processing

$86,735

KESTRA INVESTMENT SERVICES LLC8+ years

Service code 27 · EIN 35-2552359

Advisory (Plan)

$48,329

STRATEGIC ADVISORS, INC.4 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$6,780

JK MOVING SERVICES & CAPRELO PROFIT SHARING & 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JK MOVING SERVICES & CAPRELO PROFIT SHARING & 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