Retirement plan

K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC. - K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST, K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC.

K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC.EIN 61-1290653Plan #001PY 2024

914-A1 NORTH ENGLISH STATION RD. - LOUSIVILLE, KY 402233916502-254-2200

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$3.5M

+19.4% from 2023

Total participants

-5.6% from 2023

Average account balance

$208,433

+26.4% from 2023

Annual return

14.61%

-1.52 pp from 2023

Benchmarks

See 54,805 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort54,805 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.54M

Not enough data

1 years with asset history on file

Average account balance

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

$208K

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.

188.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$147K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.61%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$6K

$618 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.157%

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

$208,433

$110,379+88.8%

$102,412+103.5%

$145,884+42.9%

Participation rate

100.0%

77.9%+22.1pp

74.5%+25.5pp

80.3%+19.7pp

Annual return

14.61%

24.84%-10.2pp

24.94%-10.3pp

551.85%-537.2pp

Employer contribution / active EE

$2,222

$4,216-47.3%

$3,870-42.6%

$4,662-52.3%

Participant deferral / active EE

$14,127

$5,622+151.3%

$5,060+179.2%

$6,690+111.2%

Admin fee / account holder

$327

$9,745-96.6%

$8,388-96.1%

$13,392-97.6%

K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

K & P ROOFING, SIDING AND HOME IMPROVEMENT, INC. 401(K) 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