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 (2018) 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 2018

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)

$6.8M

-18.9% from 2017

Total participants

+4.7% from 2017

Average account balance

$80,091

-22.8% from 2017

Annual return

-6.43%

-25.87 pp from 2017

Benchmarks

See 14,950 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,950 peers

Snapshot2018

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

$1.4M

$18239 / participant

Other / not subdivided$1M100.0%

% of EOY assets

20.897%

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

$80,091

$62,586+28.0%

$76,766+4.3%

$64,181+24.8%

Participation rate

93.6%

72.8%+20.8pp

77.0%+16.6pp

69.6%+24.0pp

Annual return

-6.43%

-1.95%-4.5pp

2.43%-8.9pp

7.63%-14.1pp

Employer contribution / active EE

$1,759

$1,832-4.0%

$2,485-29.2%

$2,381-26.1%

Participant deferral / active EE

$3,015

$3,145-4.1%

$3,851-21.7%

$3,470-13.1%

Admin fee / account holder

$16,737

$4,667+258.6%

$6,675+150.7%

$4,887+242.5%

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