Retirement plan

KIRBY 401K PLAN

Name: KIRBY CORPORATION - KIRBY 401K PLAN (2020) 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 2020

55 WAUGH DRIVE, SUITE 1000 - HOUSTON, TX 77007713-435-1000LinkedIn1-10 employeesexecutive office

Other plans on this EIN

2 filings

#002Retirement-$357.8M assets #001Retirement-$140.1M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$654.5M

-6.5% from 2016

Total participants

6,657

+6.0% from 2016

Average account balance

$100,770

-12.0% from 2016

Annual return

17.80%

-13.51 pp from 2016

Benchmarks

See 42 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants5,000-9,999

Cohort42 peers

Snapshot2020

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 5 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH6+ years Filed as: MERRILL LYNCH Service code 15 · EIN 13-5674085	Recordkeeping	$123,348
NORTHERN TRUST COMPANY3 years Filed as: NORTHERN TRUST Service code 50 · EIN 36-3608252	Direct Payment	$75,000
WHITLEY PENN LLP1 year Service code 50 · EIN 75-2393478	Direct Payment	$22,750
WEAVER AND TIDWELL, LLP2 years Service code 10 · EIN 75-0786316	Accounting	$21,000
NORTON ROSE FULBRIGHT2 years Filed as: NORTON ROSE FULBRIGHT US LLP Service code 10 · EIN 74-1201087	Accounting	$16,419

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

$250K

$48 / participant

Contract admin$250K100.0%

% of EOY assets

0.038%

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

$100,770

$81,725+23.3%

$81,988+22.9%

$93,223+8.1%

Participation rate

96.9%

71.9%+25.0pp

69.3%+27.6pp

74.9%+22.0pp

Annual return

17.80%

20.25%-2.5pp

41.32%-23.5pp

19.29%-1.5pp

Employer contribution / active EE

$4,119

$2,446+68.4%

$2,499+64.8%

$2,680+53.7%

Participant deferral / active EE

$5,409

$3,747+44.4%

$3,723+45.3%

$4,563+18.5%

Admin fee / account holder

$38

$92-58.3%

$5,666-99.3%

$79-51.4%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH6+ years

Filed as: MERRILL LYNCH

Service code 15 · EIN 13-5674085

Recordkeeping

$123,348

NORTHERN TRUST COMPANY3 years

Filed as: NORTHERN TRUST

Service code 50 · EIN 36-3608252

Direct Payment

$75,000

WHITLEY PENN LLP1 year

Service code 50 · EIN 75-2393478

Direct Payment

$22,750

WEAVER AND TIDWELL, LLP2 years

Service code 10 · EIN 75-0786316

Accounting

$21,000

NORTON ROSE FULBRIGHT2 years

Filed as: NORTON ROSE FULBRIGHT US LLP

Service code 10 · EIN 74-1201087

Accounting

$16,419

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