Retirement plan

KPI CONCEPTS, LLC 401(K) PLAN

Name: KPI CONCEPTS, LLC - KPI CONCEPTS, LLC 401(K) PLAN (2021) 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 2021

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)

$4.6M

+23.9% from 2020

Total participants

146

+8.1% from 2020

Average account balance

$31,256

+14.6% from 2020

Annual return

16.45%

-2.77 pp from 2020

Benchmarks

See 1,879 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,879 peers

Snapshot2021

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 JONES3+ years Filed as: EDWARD JONES & CO., L.P Service code 26 · EIN 43-0345811	Advisory (Participants)	$15,419
JOHN HANCOCK LIFE INSURANCE COMPANY2 years Service code 15 · EIN 01-0233346	Recordkeeping	$675

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

$40K

$389 / participant

Investment mgmt$17K41.7%
Contract admin$22K55.5%
Other / not subdivided$1K2.8%

% of EOY assets

0.869%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,256

$79,438-60.7%

$106,555-70.7%

$79,391-60.6%

Participation rate

100.0%

74.2%+25.8pp

76.1%+23.9pp

70.7%+29.3pp

Annual return

16.45%

18.27%-1.8pp

26.80%-10.4pp

116.88%-100.4pp

Employer contribution / active EE

$1,542

$2,235-31.0%

$2,819-45.3%

$2,428-36.5%

Participant deferral / active EE

$2,299

$3,824-39.9%

$4,399-47.7%

$4,046-43.2%

Admin fee / account holder

$271

$523-48.1%

$7,408-96.3%

$627-56.7%

Provider

Service type

Compensation

EDWARD JONES3+ years

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

Service code 26 · EIN 43-0345811

Advisory (Participants)

$15,419

JOHN HANCOCK LIFE INSURANCE COMPANY2 years

Service code 15 · EIN 01-0233346

Recordkeeping

$675

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