Retirement plan

KRETEK INTERNATIONAL, INC. 401K PROFIT SHARING PLAN

Name: KRETEK INTERNATIONAL, INC. - KRETEK INTERNATIONAL, INC. 401K PROFIT SHARING PLAN (2016) Form 5500
Creator: KRETEK INTERNATIONAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KRETEK INTERNATIONAL, INC. 401K PROFIT SHARING PLAN, KRETEK INTERNATIONAL, INC.

KRETEK INTERNATIONAL, INC.EIN 77-0013041Plan #002PY 2016

5449 ENDEAVOR COURT - MOORPARK, CA 93021805-531-8888kretek.comLinkedIn201-500 employeestobacco

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$5M

+19.6% from 2015

Total participants

275

0.0% from 2015

Average account balance

$26,447

+26.5% from 2015

Annual return

9.10%

+8.39 pp from 2015

Benchmarks

See 1,686 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants100-249

Cohort1,686 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$12.35M

Not enough data

1 years with asset history on file

Average account balance

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

$77K

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.

160

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.

75.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.07M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+11.67%

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

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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$19 / participant

Investment mgmt$4K100.0%

% of EOY assets

0.085%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BPE&H
Auditor EIN: 954083514
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,447

$43,423-39.1%

$78,676-66.4%

$55,167-52.1%

Participation rate

63.0%

68.0%-5.0pp

73.6%-10.5pp

69.0%-5.9pp

Annual return

9.10%

11.53%-2.4pp

62.19%-53.1pp

169.23%-160.1pp

Employer contribution / active EE

$1,158

$1,997-42.0%

$2,850-59.4%

$1,963-41.0%

Participant deferral / active EE

$3,001

$2,509+19.6%

$3,517-14.7%

$3,054-1.7%

Admin fee / account holder

$22

$416-94.6%

$4,510-99.5%

$504-95.5%

KRETEK INTERNATIONAL, INC. 401K PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KRETEK INTERNATIONAL, INC. 401K 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