Retirement plan

K.G. INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

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

K.G. INTERNATIONAL, INC.EIN 59-2241042Plan #001PY 2024

9800 NW 17TH ST. - DORAL, FL 33172305-499-9816kgint.comLinkedIn11-50 employeesimport and export

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$5.5M

-17.9% from 2023

Total participants

+5.7% from 2023

Average account balance

$147,444

-22.3% from 2023

Annual return

15.39%

+5.25 pp from 2023

Benchmarks

See 9,004 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,004 peers

Snapshot2024

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2G2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$2.6M

$77724 / participant

Other / not subdivided$3M100.0%

% of EOY assets

47.016%

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

$147,444

$101,752+44.9%

$164,928-10.6%

$80,911+82.2%

Participation rate

100.0%

71.8%+28.2pp

78.6%+21.4pp

67.6%+32.4pp

Annual return

15.39%

16.73%-1.3pp

70.08%-54.7pp

35.63%-20.2pp

Employer contribution / active EE

$3,738

$2,953+26.6%

$4,343-13.9%

$2,756+35.7%

Participant deferral / active EE

$5,071

$4,477+13.3%

$6,034-16.0%

$4,297+18.0%

Admin fee / account holder

$69,322

$8,218+743.6%

$12,684+446.5%

$6,935+899.6%

K.G. INTERNATIONAL, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

K.G. INTERNATIONAL, INC. 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