Retirement plan

KASPARIAN UNDERGROUND, LLC 401(K) PLAN

Name: KASPARIAN UNDERGROUND, LLC DBA H & B CONTRACTORS, INC. - KASPARIAN UNDERGROUND, LLC 401(K) PLAN (2018) Form 5500
Creator: KASPARIAN UNDERGROUND, LLC DBA H & B CONTRACTORS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KASPARIAN UNDERGROUND, LLC 401(K) PLAN, KASPARIAN UNDERGROUND, LLC DBA H & B CONTRACTORS, INC.

KASPARIAN UNDERGROUND, LLC DBA H & B CONTRACTORS, INC.EIN 61-1732672Plan #001PY 2018

7901 FISH POND RD SUITE 100 - WACO, TX 76657254-981-7821kullc.netLinkedIn51-200 employeesconstruction

Prospect flagsHigh feesLow employer contribution

How to read this page

Total assets (EOY)

$1.8M

No prior year

Total participants

108

No prior year

Average account balance

$20,198

No prior year

Annual return

0.01%

No prior year

Benchmarks

See 15,016 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort15,016 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.71M

Not enough data

1 years with asset history on file

Average account balance

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

$63K

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.

60.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$222K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+15.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2060

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 codes2E2F2G2J3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$744K

$7595 / participant

Other / not subdivided$744K100.0%

% of EOY assets

41.404%

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

$20,198

$57,352-64.8%

$83,831-75.9%

$64,173-68.5%

Participation rate

80.6%

68.6%+12.0pp

76.1%+4.5pp

69.6%+11.0pp

Annual return

0.01%

11.38%-11.4pp

850.99%-851.0pp

7.63%-7.6pp

Employer contribution / active EE

$275

$2,546-89.2%

$3,631-92.4%

$2,381-88.4%

Participant deferral / active EE

$1,396

$2,993-53.4%

$4,082-65.8%

$3,470-59.8%

Admin fee / account holder

$8,363

$4,046+106.7%

$5,479+52.6%

$4,887+71.1%

KASPARIAN UNDERGROUND, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KASPARIAN UNDERGROUND, LLC 401(K) 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