Retirement plan

KIRBY 401K PLAN

Name: KIRBY CORPORATION - KIRBY 401K PLAN (2024) Form 5500
Creator: KIRBY CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIRBY 401K PLAN, KIRBY CORPORATION

KIRBY CORPORATIONEIN 74-1884980Plan #004PY 2024

55 WAUGH DRIVE, SUITE 1000 - HOUSTON, TX 770079020713-435-1000LinkedIn1-10 employeesexecutive office

Other plans on this EIN

1 filing

#002Retirement-$372.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$850.1M

-6.5% from 2016

Total participants

6,601

+6.0% from 2016

Average account balance

$132,790

-12.0% from 2016

Annual return

14.00%

-13.51 pp from 2016

Benchmarks

See 51 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants5,000-9,999

Cohort51 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$850.12M

Not enough data

1 years with asset history on file

Average account balance

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

$133K

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.

6,402

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.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$61.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+14.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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 4 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Filed as: MERRILL LYNCH Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER, 250 VESEY · NEW YORK, NY 10281	Recordkeeping	$448,799
MANAGERS FUNDS2 years Filed as: AMG OPS- FEE GROUP Service code 16 · EIN 22-1146430 P.O. BOX 952074 · CLEVELAND, OH 44101	Consulting	$52,500
WEAVER AND TIDWELL, LLP6 years Service code 10 · EIN 75-0786316 2821 WEST 7TH STREET, SUITE 700 · FORTH WORTH, TX 76107	Accounting	$32,550
NORTON ROSE FULBRIGHT6 years Filed as: NORTON ROSE FULBRIGHT US LLP Service code 29 · EIN 74-1201087 P.O. BOX 122613, DEPT. 2613 · DALLAS, TX 752844284	Legal	$6,142

Plan features & details

Pension benefit codes2J2S3D3H

Plan features

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$542K

$105 / participant

Recordkeeping$449K82.8%
Investment mgmt$53K9.7%
Legal$6K1.1%
Other / not subdivided$34K6.3%

% of EOY assets

0.064%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEAVER AND TIDWELL, LLP
Auditor EIN: 750786316
Audit fees: $32,550
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$132,790

$96,188+38.1%

$76,030+74.7%

$99,313+33.7%

Participation rate

96.1%

72.7%+23.4pp

69.1%+27.1pp

71.7%+24.4pp

Annual return

14.00%

16.48%-2.5pp

361.54%-347.5pp

17.67%-3.7pp

Employer contribution / active EE

$6,120

$3,167+93.2%

$2,688+127.7%

$3,264+87.5%

Participant deferral / active EE

$5,854

$4,842+20.9%

$4,257+37.5%

$5,346+9.5%

Admin fee / account holder

$85

$87-3.1%

$6,421-98.7%

$109-22.5%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH10+ years

Filed as: MERRILL LYNCH

Service code 15 · EIN 13-5674085

4 WORLD FINANCIAL CENTER, 250 VESEY · NEW YORK, NY 10281

Recordkeeping

$448,799

MANAGERS FUNDS2 years

Filed as: AMG OPS- FEE GROUP

Service code 16 · EIN 22-1146430

P.O. BOX 952074 · CLEVELAND, OH 44101

Consulting

$52,500

WEAVER AND TIDWELL, LLP6 years

Service code 10 · EIN 75-0786316

2821 WEST 7TH STREET, SUITE 700 · FORTH WORTH, TX 76107

Accounting

$32,550

NORTON ROSE FULBRIGHT6 years

Filed as: NORTON ROSE FULBRIGHT US LLP

Service code 29 · EIN 74-1201087

P.O. BOX 122613, DEPT. 2613 · DALLAS, TX 752844284

Legal

$6,142

KIRBY 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIRBY 401K 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