Retirement plan

THE KERUSSO 401(K) PLAN

Name: KERUSSO ACTIVEWEAR, INC. - THE KERUSSO 401(K) PLAN (2018) Form 5500
Creator: KERUSSO ACTIVEWEAR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE KERUSSO 401(K) PLAN, KERUSSO ACTIVEWEAR, INC.

KERUSSO ACTIVEWEAR, INC.EIN 71-0697019Plan #001PY 2018

402 HIGHWAY 62 SPUR - BERRYVILLE, AR 72616870-423-6242

Prospect flagsLow returnsLow participant contribution

How to read this page

Total assets (EOY)

$2.1M

-8.4% from 2017

Total participants

-28.1% from 2017

Average account balance

$27,388

-14.3% from 2017

Annual return

-11.66%

-28.67 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.00M

Not enough data

1 years with asset history on file

Average account balance

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

$71K

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.

45.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$303K

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

+11.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4795

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

Top 3 by compensation

Provider	Service type	Compensation
BOKF, NA1 year Filed as: BOKF,NA Service code 25 P.O. BOX 880 · TULSA, OK 74101	Directed Trustee	$294
NATIONWIDE3 years Service code 21 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Bank Trustee	$0
PENSION ASSURANCE LLP3 years Filed as: PENSION SOLUTIONS, INC. Service code 13 · EIN 73-1521434 9116 N. KELLEY AVE. · OKLAHOMA CITY, OK 73131	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$294

$4 / participant

Other / not subdivided$294100.0%

% of EOY assets

0.014%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Qualified opinion

Opinion is qualified - a specific issue limited the scope or accuracy of the audit.

Auditor firm: BAS PARTNERS
Auditor EIN: 208779390
Audit fees: (not subdivided)
Opinion code: Qualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,388

$72,404-62.2%

$110,243-75.2%

$64,173-57.3%

Participation rate

87.0%

73.3%+13.7pp

79.8%+7.2pp

69.6%+17.4pp

Annual return

-11.66%

-6.29%-5.4pp

314.76%-326.4pp

7.63%-19.3pp

Employer contribution / active EE

$1,965

$2,282-13.9%

$3,827-48.7%

$2,381-17.5%

Participant deferral / active EE

$577

$3,469-83.4%

$4,672-87.7%

$3,470-83.4%

Admin fee / account holder

$5,664-99.9%

$8,548-100.0%

$4,887-99.9%

Provider

Service type

Compensation

BOKF, NA1 year

Filed as: BOKF,NA

Service code 25

P.O. BOX 880 · TULSA, OK 74101

Directed Trustee

$294

NATIONWIDE3 years

Service code 21

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Bank Trustee

PENSION ASSURANCE LLP3 years

Filed as: PENSION SOLUTIONS, INC.

Service code 13 · EIN 73-1521434

9116 N. KELLEY AVE. · OKLAHOMA CITY, OK 73131

Contract Administrator

THE KERUSSO 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE KERUSSO 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