Retirement plan

KIRBY 401K PLAN

Name: KIRBY CORPORATION - KIRBY 401K PLAN (2017) 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 2017

55 WAUGH DRIVE, SUITE 1000 - HOUSTON, TX 77007713-622-5502LinkedIn1-10 employeesexecutive office

Other plans on this EIN

2 filings

#002Retirement-$295.0M assets #001Retirement-$124.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$550.6M

-6.5% from 2016

Total participants

6,701

+6.0% from 2016

Average account balance

$84,546

-12.0% from 2016

Annual return

42.67%

-13.51 pp from 2016

Benchmarks

See 38 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants5,000-9,999

Cohort38 peers

Snapshot2017

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 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Filed as: MERRILL LYNCH Service code 13 · EIN 22-3513863 4802 DEER LAKE DRIVE EAST BLDG 2 · JACKSONVILLE, FL 32246	Contract Administrator	$175,722

Plan features & details

Pension benefit codes2J3D3H

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.
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

$176K

$34 / participant

Contract admin$176K100.0%

% of EOY assets

0.032%

all-in expense ratio

Categories reported

1 / 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: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,546

$62,111+36.1%

$71,671+18.0%

$177,276-52.3%

Participation rate

96.3%

69.4%+26.9pp

68.7%+27.6pp

74.8%+21.5pp

Annual return

42.67%

17.83%+24.8pp

20.65%+22.0pp

21.25%+21.4pp

Employer contribution / active EE

$2,445

$2,059+18.8%

$2,460-0.6%

$2,479-1.4%

Participant deferral / active EE

$4,150

$2,943+41.0%

$3,438+20.7%

$3,881+6.9%

Admin fee / account holder

$27

$66-59.4%

$5,558-99.5%

$154-82.5%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Filed as: MERRILL LYNCH

Service code 13 · EIN 22-3513863

4802 DEER LAKE DRIVE EAST BLDG 2 · JACKSONVILLE, FL 32246

Contract Administrator

$175,722

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