Retirement plan

KAISER-FRANCIS OIL COMPANY RETIREMENT INCOME PLAN

Name: KAISER-FRANCIS OIL COMPANY - KAISER-FRANCIS OIL COMPANY RETIREMENT INCOME PLAN (2021) Form 5500
Creator: KAISER-FRANCIS OIL COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAISER-FRANCIS OIL COMPANY RETIREMENT INCOME PLAN, KAISER-FRANCIS OIL COMPANY

KAISER-FRANCIS OIL COMPANYEIN 73-1006655Plan #003PY 2021

6733 S. YALE AVENUE - TULSA, OK 741363302918-494-0000kfoc.netLinkedIn1-10 employees

Prospect flagsHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$134.2M

+4.8% from 2020

Total participants

589

+3.7% from 2020

Average account balance

$272,312

+11.4% from 2020

Annual return

13.03%

-9.51 pp from 2020

Benchmarks

See 1,172 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort1,172 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$115.88M

Not enough data

1 years with asset history on file

Average account balance

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

$250K

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.

464

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.19M

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$20

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

1 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
BOKF, NA7+ years Filed as: BOKF NA Service code 19 · EIN 73-0780382	Securities Custodian	$7,514

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$5K

$13 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.004%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOGANTAYLOR LLP
Auditor EIN: 731413977
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$272,312

$93,131+192.4%

$106,554+155.6%

$86,821+213.6%

Participation rate

77.0%

81.4%-4.5pp

76.1%+0.8pp

72.3%+4.7pp

Annual return

13.03%

19.45%-6.4pp

26.80%-13.8pp

97.94%-84.9pp

Employer contribution / active EE

$3,487

$2,895+20.4%

$2,819+23.7%

$2,406+44.9%

Participant deferral / active EE

$7,609

$4,708+61.6%

$4,398+73.0%

$4,132+84.2%

Admin fee / account holder

$11

$145-92.4%

$7,408-99.9%

$170-93.5%

Provider

Service type

Compensation

BOKF, NA7+ years

Filed as: BOKF NA

Service code 19 · EIN 73-0780382

Securities Custodian

$7,514

KAISER-FRANCIS OIL COMPANY RETIREMENT INCOME PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAISER-FRANCIS OIL COMPANY RETIREMENT INCOME 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