Retirement plan

KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS PLAN

Name: KENTUCKY EASTER SEALS SOCIETY, INC. - KENTUCKY EASTER SEAL SOCIETY, INC. RETIREMENT SAVINGS PLAN (2023) 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 2023

1900 RICHMOND RD. - LEXINGTON, KY 40502859-367-7217LinkedIn201-500 employeesmedical practice

Prospect flagsHigh feesLow participation

How to read this page

Total assets (EOY)

$16.5M

+5.4% from 2022

Total participants

199

+7.6% from 2022

Average account balance

$96,462

+2.4% from 2022

Annual return

17.91%

+32.86 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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 LLC9+ years Filed as: MCF ADVISORS, LLC Service code 17 · EIN 31-1066955	Pension Consulting	$63,735
PENSION CORPORATION OF AMERICA9+ years Service code 13 · EIN 31-1360674	Contract Administrator	$1,681
CHARLES SCHWAB & CO., INC.9+ years Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB TRUST BANK Service code 28 · EIN 82-3967259	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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

$65K

$798 / participant

Investment mgmt$64K97.4%
Other / not subdivided$2K2.6%

% of EOY assets

0.397%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$96,462

$77,908+23.8%

$149,696-35.6%

$75,173+28.3%

Participation rate

65.9%

65.6%+0.3pp

78.8%-12.9pp

67.2%-1.4pp

Annual return

17.91%

31.73%-13.8pp

134.46%-116.5pp

160.72%-142.8pp

Employer contribution / active EE

$759

$3,138-75.8%

$4,821-84.3%

$2,671-71.6%

Participant deferral / active EE

$1,902

$3,411-44.3%

$5,682-66.5%

$4,126-53.9%

Admin fee / account holder

$382

$5,950-93.6%

$13,212-97.1%

$5,651-93.2%

Provider

Service type

Compensation

MCF ADVISORS LLC9+ years

Filed as: MCF ADVISORS, LLC

Service code 17 · EIN 31-1066955

Pension Consulting

$63,735

PENSION CORPORATION OF AMERICA9+ years

Service code 13 · EIN 31-1360674

Contract Administrator

$1,681

CHARLES SCHWAB & CO., INC.9+ years

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.4 years

Filed as: CHARLES SCHWAB TRUST BANK

Service code 28 · EIN 82-3967259

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