Retirement plan

I-K ELECTRIC COMPANY 401(K) PROFIT SHARING PLAN

Name: JSK COMPANY, INC. DBA I-K ELECTRIC COMPANY - I-K ELECTRIC COMPANY 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: JSK COMPANY, INC. DBA I-K ELECTRIC COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, I-K ELECTRIC COMPANY 401(K) PROFIT SHARING PLAN, JSK COMPANY, INC. DBA I-K ELECTRIC COMPANY

JSK COMPANY, INC. DBA I-K ELECTRIC COMPANYEIN 71-0725891Plan #001PY 2024

214 MARTIN LUTHER KING DRIVE - LITTLE ROCK, AR 72203501-376-2081

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.9M

-4.5% from 2023

Total participants

-31.7% from 2023

Average account balance

$122,439

+37.3% from 2023

Annual return

13.27%

-0.22 pp from 2023

Benchmarks

See 18,562 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants25-99

Cohort18,562 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.92M

Not enough data

1 years with asset history on file

Average account balance

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

$122K

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.

91.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$312K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$33024

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 codes2E2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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

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

$1.1M

$30194 / participant

Other / not subdivided$1M100.0%

% of EOY assets

26.972%

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

$122,439

$81,457+50.3%

$103,378+18.4%

$80,911+51.3%

Participation rate

74.3%

66.8%+7.4pp

74.5%-0.2pp

67.6%+6.6pp

Annual return

13.27%

25.58%-12.3pp

24.91%-11.6pp

35.63%-22.4pp

Employer contribution / active EE

$2,714

$3,107-12.7%

$3,870-29.9%

$2,756-1.5%

Participant deferral / active EE

$6,196

$3,871+60.1%

$5,058+22.5%

$4,297+44.2%

Admin fee / account holder

$33,024

$6,717+391.7%

$8,401+293.1%

$6,935+376.2%

I-K ELECTRIC COMPANY 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

I-K ELECTRIC COMPANY 401(K) PROFIT SHARING 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