Retirement plan

WILLIS KLEIN SAFE & LOCK CO., INC. PROFIT SHARING PLAN AND TRUST

Name: WILLIS KLEIN SAFE & LOCK CO., INC. - WILLIS KLEIN SAFE & LOCK CO., INC. PROFIT SHARING PLAN AND TRUST (2017) Form 5500
Creator: WILLIS KLEIN SAFE & LOCK CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLIS KLEIN SAFE & LOCK CO., INC. PROFIT SHARING PLAN AND TRUST, WILLIS KLEIN SAFE & LOCK CO., INC.

WILLIS KLEIN SAFE & LOCK CO., INC.EIN 61-0724593Plan #001PY 2017

4175 WESTPORT ROAD, SUITE 103 - LOUISVILLE, KY 402073138502-893-0441LinkedIn51-200 employeeselectrical/electronic manufacturing

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$8.4M

+12.2% from 2016

Total participants

-6.5% from 2016

Average account balance

$103,682

+23.3% from 2016

Annual return

19.43%

+12.87 pp from 2016

Benchmarks

See 14,968 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,968 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.24M

Not enough data

1 years with asset history on file

Average account balance

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

$121K

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.

121.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$357K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$28901

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 codes2E3D2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$867K

$10976 / participant

Other / not subdivided$867K100.0%

% of EOY assets

10.324%

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

$103,682

$67,602+53.4%

$82,312+26.0%

$70,126+47.9%

Participation rate

93.7%

72.8%+20.9pp

76.9%+16.8pp

69.5%+24.1pp

Annual return

19.43%

21.57%-2.1pp

25.88%-6.4pp

73.15%-53.7pp

Employer contribution / active EE

$1,619

$1,755-7.7%

$2,428-33.3%

$2,343-30.9%

Participant deferral / active EE

$2,537

$2,987-15.1%

$3,706-31.5%

$3,332-23.9%

Admin fee / account holder

$10,705

$4,512+137.3%

$5,608+90.9%

$4,645+130.4%

WILLIS KLEIN SAFE & LOCK CO., INC. PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLIS KLEIN SAFE & LOCK CO., INC. PROFIT SHARING 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