Retirement plan

DOJO ROCKS 401K PLAN

Name: KARATE MANAGEMENT ASSOCIATES, INC SMITH - DOJO ROCKS 401K PLAN (2016) Form 5500
Creator: KARATE MANAGEMENT ASSOCIATES, INC SMITH
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DOJO ROCKS 401K PLAN, KARATE MANAGEMENT ASSOCIATES, INC SMITH

KARATE MANAGEMENT ASSOCIATES, INC SMITHEIN 80-0109513Plan #001PY 2016

7421 SPOUT SPRINGS RD STE 106 - FLOWERY BRANCH, GA 30542678-936-7816

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$196K

No prior year

Total participants

No prior year

Average account balance

$39,249

No prior year

Annual return

8.84%

No prior year

Benchmarks

See 5,384 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants<25

Cohort5,384 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.50M

Not enough data

1 years with asset history on file

Average account balance

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

$188K

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.

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.

133.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$106K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

+12.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$8645

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

0 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 codes2J2E2G

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.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$4K

$667 / participant

Other / not subdivided$4K100.0%

% of EOY assets

2.038%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,249

$65,712-40.3%

$57,196-31.4%

$273,972-85.7%

Participation rate

83.3%

78.3%+5.0pp

75.3%+8.0pp

83.0%+0.3pp

Annual return

8.84%

22.01%-13.2pp

14.59%-5.8pp

41.46%-32.6pp

Employer contribution / active EE

$1,961

$3,280-40.2%

$2,683-26.9%

$4,869-59.7%

Participant deferral / active EE

$9,709

$3,782+156.7%

$3,096+213.6%

$5,287+83.6%

Admin fee / account holder

$800

$4,838-83.5%

$3,141-74.5%

$10,133-92.1%

DOJO ROCKS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DOJO ROCKS 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