Retirement plan

KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS PLAN

Name: KENTUCKY EASTER SEALS SOCIETY, INC. - KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: KENTUCKY EASTER SEALS SOCIETY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS PLAN, KENTUCKY EASTER SEALS SOCIETY, INC.

KENTUCKY EASTER SEALS SOCIETY, INC.EIN 61-0444712Plan #002PY 2017

2050 VERSAILLES ROAD - LEXINGTON, KY 405041405859-367-7217LinkedIn201-500 employeesmedical practice

Prospect flagsHigh feesWind-down / frozen

How to read this page

Total assets (EOY)

$20M

-0.1% from 2016

Total participants

266

-8.0% from 2016

Average account balance

$78,617

+3.0% from 2016

Annual return

14.88%

+7.06 pp from 2016

Benchmarks

See 17,854 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort17,854 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$17.87M

Not enough data

1 years with asset history on file

Average account balance

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

$103K

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.

174

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.

63.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$230K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$402

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 4 by compensation

Provider	Service type	Compensation
MCF ADVISORS LLC3+ years Filed as: MCF ADVISORS, LLC Service code 17 · EIN 31-1066955	Pension Consulting	$88,088
PENSION CORPORATION OF AMERICA3+ years Service code 13 · EIN 31-1360674	Contract Administrator	$17,010
CHARLES SCHWAB & CO., INC.3+ years Service code 59 · EIN 94-1737782	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB TRUST COMPANY Service code 28 · EIN 42-1558009	Investment Management	$0

Plan features & details

Pension benefit codes2A2E2G2J2K2T3F

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$92K

$2356 / participant

Investment mgmt$88K95.9%
Contract admin$4K4.1%

% of EOY assets

0.458%

all-in expense ratio

Categories reported

2 / 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: DEAN DORTON ALLEN FORD, PLLC
Auditor EIN: 273858252
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,617

$84,236-6.7%

$170,435-53.9%

$70,126+12.1%

Participation rate

71.8%

70.8%+1.0pp

83.6%-11.8pp

69.5%+2.3pp

Annual return

14.88%

23.06%-8.2pp

205.94%-191.1pp

73.15%-58.3pp

Employer contribution / active EE

$736

$3,387-78.3%

$5,432-86.5%

$2,343-68.6%

Participant deferral / active EE

$1,723

$3,086-44.2%

$4,939-65.1%

$3,332-48.3%

Admin fee / account holder

$360

$5,698-93.7%

$13,881-97.4%

$4,645-92.2%

Provider

Service type

Compensation

MCF ADVISORS LLC3+ years

Filed as: MCF ADVISORS, LLC

Service code 17 · EIN 31-1066955

Pension Consulting

$88,088

PENSION CORPORATION OF AMERICA3+ years

Service code 13 · EIN 31-1360674

Contract Administrator

$17,010

CHARLES SCHWAB & CO., INC.3+ years

Service code 59 · EIN 94-1737782

Shareholder Servicing

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB TRUST COMPANY

Service code 28 · EIN 42-1558009

Investment Management

KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS 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