Retirement plan

BEON RETIREMENT 401(K) SAVINGS PLAN

Name: KT ADMINISTRATORS, LLC DBA BEON RETIREMENT - BEON RETIREMENT 401(K) SAVINGS PLAN (2022) Form 5500
Creator: KT ADMINISTRATORS, LLC DBA BEON RETIREMENT
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BEON RETIREMENT 401(K) SAVINGS PLAN, KT ADMINISTRATORS, LLC DBA BEON RETIREMENT

KT ADMINISTRATORS, LLC DBA BEON RETIREMENTEIN 82-4086794Plan #001PY 2022

109 JENKINS AVE. - LANSDALE, PA 19446610-341-0900

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$2.5M

-5.3% from 2021

Total participants

+30.0% from 2021

Average account balance

$196,100

-27.1% from 2021

Annual return

-8.95%

-19.59 pp from 2021

Benchmarks

See 133,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort133,909 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$281

Not enough data

1 years with asset history on file

Average account balance

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

$141

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.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$130K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1369798

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 codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$3K

$307 / participant

Other / not subdivided$3K100.0%

% of EOY assets

0.133%

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

$196,100

$138,078+42.0%

$125,363+56.4%

$134,509+45.8%

Participation rate

100.0%

84.5%+15.5pp

82.4%+17.6pp

81.2%+18.8pp

Annual return

-8.95%

750.49%-759.4pp

572.15%-581.1pp

418.13%-427.1pp

Employer contribution / active EE

$1,697

$5,245-67.6%

$4,815-64.8%

$4,741-64.2%

Participant deferral / active EE

$7,579

$7,800-2.8%

$7,447+1.8%

$6,400+18.4%

Admin fee / account holder

$260

$11,566-97.8%

$10,005-97.4%

$11,427-97.7%

BEON RETIREMENT 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BEON RETIREMENT 401(K) SAVINGS 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