Retirement plan

KEENAN, HOPKINS, SUDER & STOWELL CONTRACTORS, INC. 401(K) PLAN AND TRUST

Name: KEENAN, HOPKINS, SUDER AND STOWELL CONTRACTORS, INC. - KEENAN, HOPKINS, SUDER & STOWELL CONTRACTORS, INC. 401(K) PLAN AND TRUST (2023) Form 5500
Creator: KEENAN, HOPKINS, SUDER AND STOWELL CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEENAN, HOPKINS, SUDER & STOWELL CONTRACTORS, INC. 401(K) PLAN AND TRUST, KEENAN, HOPKINS, SUDER AND STOWELL CONTRACTORS, INC.

KEENAN, HOPKINS, SUDER AND STOWELL CONTRACTORS, INC.EIN 58-2279196Plan #001PY 2023

5109 E. LA PALMA AVENUE SUITE A - ANAHEIM, CA 92807714-695-3670

Other plans on this EIN

1 filing

#002Retirement-$10.6M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$14.2M

+11.7% from 2022

Total participants

191

-26.3% from 2022

Average account balance

$82,512

+39.6% from 2022

Annual return

18.66%

+35.92 pp from 2022

Benchmarks

See 3,251 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,251 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.57M

Not enough data

1 years with asset history on file

Average account balance

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

$94K

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.

144

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.

75.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$703K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+14.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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 6 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY9+ years Service code 13 · EIN 42-0127290 711 HIGH STREET · DES MOINES, IA 50392	Contract Administrator	$24,289
ALLSTATE FINANCIAL SERVICES LLC9+ years Service code 49 · EIN 47-0826838 2920 S 84TH STREET · LINCOLN, NE 68506	Other Services	$6,736
CBIZ RETIREMENT PLAN SERVICES5 years Filed as: CBIZ BENEFITS & INSURANCE SERVICES Service code 49 · EIN 31-1582098 700 W 47TH ST STE 1100 · KANSAS CITY, MO 64112	Other Services	$1,347
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMEMT MANAGEMENT Service code 26	Advisory (Participants)	$0
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381	Advisory (Participants)	$0
WILSHIRE ASSOCIATES INCORPORATED9+ years Service code 27 · EIN 95-2755361 1299 OCEAN AVE · SANTA MONICA, CA 90401	Advisory (Plan)	$0

Plan features & details

Pension benefit codes2E2G2J2K3D2F

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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$24K

$187 / participant

Contract admin$24K100.0%

% of EOY assets

0.171%

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: FARBER HASS HURLEY LLP
Auditor EIN: 204207759
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$82,512

$76,696+7.6%

$96,515-14.5%

$71,511+15.4%

Participation rate

85.4%

66.6%+18.8pp

74.3%+11.0pp

67.9%+17.5pp

Annual return

18.66%

48.32%-29.7pp

35.73%-17.1pp

28.86%-10.2pp

Employer contribution / active EE

$3,032-100.0%

$3,740-100.0%

$2,589-100.0%

Participant deferral / active EE

$7,685

$3,770+103.8%

$4,880+57.5%

$4,291+79.1%

Admin fee / account holder

$141

$2,030-93.0%

$6,735-97.9%

$1,588-91.1%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY9+ years

Service code 13 · EIN 42-0127290

711 HIGH STREET · DES MOINES, IA 50392

Contract Administrator

$24,289

ALLSTATE FINANCIAL SERVICES LLC9+ years

Service code 49 · EIN 47-0826838

2920 S 84TH STREET · LINCOLN, NE 68506

Other Services

$6,736

CBIZ RETIREMENT PLAN SERVICES5 years

Filed as: CBIZ BENEFITS & INSURANCE SERVICES

Service code 49 · EIN 31-1582098

700 W 47TH ST STE 1100 · KANSAS CITY, MO 64112

Other Services

$1,347

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMEMT MANAGEMENT

Service code 26

Advisory (Participants)

MORNINGSTAR1 year

Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L

Service code 26 · EIN 36-4317381

Advisory (Participants)

WILSHIRE ASSOCIATES INCORPORATED9+ years

Service code 27 · EIN 95-2755361

1299 OCEAN AVE · SANTA MONICA, CA 90401

Advisory (Plan)

KEENAN, HOPKINS, SUDER & STOWELL CONTRACTORS, INC. 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEENAN, HOPKINS, SUDER & STOWELL CONTRACTORS, INC. 401(K) 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