Retirement plan

KENTUCKY BROADCASTERS ASSOCIATION INC.

Name: KENTUCKY BROADCASTERS ASSOCIATION INC. - KENTUCKY BROADCASTERS ASSOCIATION INC. (2024) Form 5500
Creator: KENTUCKY BROADCASTERS ASSOCIATION INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENTUCKY BROADCASTERS ASSOCIATION INC., KENTUCKY BROADCASTERS ASSOCIATION INC.

KENTUCKY BROADCASTERS ASSOCIATION INC.EIN 61-0663764Plan #002PY 2024

101 ENTERPRISE DR - FRANKFORT, KY 406018585502-848-0426kba.orgLinkedIn1-10 employeesbroadcast media

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$973K

+13.1% from 2023

Total participants

0.0% from 2023

Average account balance

$139,058

+13.1% from 2023

Annual return

13.63%

-46.71 pp from 2023

Benchmarks

See 12,288 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants<25

Cohort12,288 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$973K

Not enough data

1 years with asset history on file

Average account balance

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

$139K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7857

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

0 years with F_SCH_H allocation on file

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

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 codes2E2G2J

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.

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

$55K

$18333 / participant

Other / not subdivided$55K100.0%

% of EOY assets

5.650%

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

$139,058

$108,897+27.7%

$100,378+38.5%

$145,877-4.7%

Participation rate

100.0%

83.0%+17.0pp

81.5%+18.5pp

80.3%+19.7pp

Annual return

13.63%

58.17%-44.5pp

49.41%-35.8pp

551.28%-537.7pp

Employer contribution / active EE

$14,584

$4,420+230.0%

$3,942+270.0%

$4,663+212.8%

Participant deferral / active EE

$2,262

$8,455-73.2%

$8,087-72.0%

$6,691-66.2%

Admin fee / account holder

$7,857

$9,690-18.9%

$7,899-0.5%

$13,402-41.4%

KENTUCKY BROADCASTERS ASSOCIATION INC.

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENTUCKY BROADCASTERS ASSOCIATION INC.

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