Retirement plan

KPI CONCEPTS, LLC 401(K) PLAN

Name: KPI CONCEPTS, LLC - KPI CONCEPTS, LLC 401(K) PLAN (2020) Form 5500
Creator: KPI CONCEPTS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KPI CONCEPTS, LLC 401(K) PLAN, KPI CONCEPTS, LLC

KPI CONCEPTS, LLCEIN 83-0710883Plan #001PY 2020

1415 W. MT. PLEASANT STREET - WEST BURLINGTON, IA 52655319-754-5922kpiconcepts.comLinkedIn51-200 employeesbusiness supplies and equipment

Prospect flagsLow assets / participant

How to read this page

Total assets (EOY)

$3.7M

+30.3% from 2019

Total participants

135

+6.3% from 2019

Average account balance

$27,283

+21.6% from 2019

Annual return

19.22%

-4.28 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.74M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

116

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.

86.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$450K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.19%

Not enough data

1 years with return on file

Admin fee / account holder

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

$256

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 2 by compensation

Provider	Service type	Compensation
EDWARD JONES2+ years Filed as: EDWARD JONES & CO., L.P Service code 26 · EIN 43-0345811	Advisory (Participants)	$11,011
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Service code 15 · EIN 01-0233346	Recordkeeping	$700

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

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

$30K

$282 / participant

Investment mgmt$12K41.8%
Contract admin$16K53.2%
Other / not subdivided$2K5.0%

% of EOY assets

0.813%

all-in expense ratio

Categories reported

2 / 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: TDT CPAS AND ADVISORS, P.C.
Auditor EIN: 421029744
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$27,283

$70,917-61.5%

$98,920-72.4%

$73,497-62.9%

Participation rate

100.0%

73.8%+26.2pp

76.0%+24.0pp

70.7%+29.3pp

Annual return

19.22%

34.18%-15.0pp

196.47%-177.3pp

28.51%-9.3pp

Employer contribution / active EE

$1,304

$2,037-36.0%

$2,689-51.5%

$2,270-42.5%

Participant deferral / active EE

$2,047

$3,501-41.5%

$4,245-51.8%

$3,740-45.3%

Admin fee / account holder

$222

$535-58.5%

$6,643-96.7%

$513-56.8%

Provider

Service type

Compensation

EDWARD JONES2+ years

Filed as: EDWARD JONES & CO., L.P

Service code 26 · EIN 43-0345811

Advisory (Participants)

$11,011

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Service code 15 · EIN 01-0233346

Recordkeeping

$700

KPI CONCEPTS, LLC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KPI CONCEPTS, LLC 401(K) 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