Retirement plan

L & K CARPET ONE 401K PLAN

Name: L & K CARPET ONE - L & K CARPET ONE 401K PLAN (2021) Form 5500
Creator: L & K CARPET ONE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, L & K CARPET ONE 401K PLAN, L & K CARPET ONE

L & K CARPET ONEEIN 82-0534572Plan #001PY 2021

129 N 2ND AVE - POCATELLO, ID 83201208-233-6190lightingpocatello.comLinkedIn1-10 employeesbanking

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$51K

No prior year

Total participants

No prior year

Average account balance

$7,219

No prior year

Annual return

0.00%

No prior year

Benchmarks

See 19,956 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants<25

Cohort19,956 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$280K

Not enough data

1 years with asset history on file

Average account balance

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

$35K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$69K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+14.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$247

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 codes2E2H2J2R3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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 assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$194

$28 / participant

Other / not subdivided$194100.0%

% of EOY assets

0.384%

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

$7,219

$118,877-93.9%

$96,570-92.5%

$167,536-95.7%

Participation rate

85.7%

75.5%+10.2pp

69.8%+15.9pp

82.1%+3.6pp

Annual return

0.00%

50.50%-50.5pp

37.79%-37.8pp

478.82%-478.8pp

Employer contribution / active EE

$1,312

$3,121-58.0%

$2,357-44.3%

$4,839-72.9%

Participant deferral / active EE

$5,681

$4,617+23.1%

$3,849+47.6%

$6,342-10.4%

Admin fee / account holder

$28

$8,069-99.7%

$6,182-99.6%

$12,315-99.8%

L & K CARPET ONE 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

L & K CARPET ONE 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