Retirement plan

KEN CARYL GLASS, INC. 401(K) PLAN

Name: KEN CARYL GLASS, INC. - KEN CARYL GLASS, INC. 401(K) PLAN (2022) Form 5500
Creator: KEN CARYL GLASS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEN CARYL GLASS, INC. 401(K) PLAN, KEN CARYL GLASS, INC.

KEN CARYL GLASS, INC.EIN 84-1036870Plan #001PY 2022

12450 N. MEAD WAY - LITTLETON, CO 80125303-791-3122kcglassinc.comLinkedIn51-200 employeesglass, ceramics & concrete

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.5M

-16.2% from 2021

Total participants

136

-4.2% from 2021

Average account balance

$63,753

-13.8% from 2021

Annual return

-18.38%

-32.05 pp from 2021

Benchmarks

See 3,001 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,001 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.66M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

109

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.

79.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$718K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$739

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 4 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS2 years Filed as: TFA TRANSAMERICA CAPITAL, INC. Service code 27 · EIN 65-3141953	Advisory (Plan)	$54,294
LT TRUST COMPANY7 years Filed as: LT TRUST COMPANY, INC. Service code 15 · EIN 61-1607607	Recordkeeping	$24,870
PLAN STRATEGIES, INC.4 years Filed as: PSI - PLAN STRATEGIES, INC. Service code 27 · EIN 41-1910561	Advisory (Plan)	$7,239
RETIREMENT PLANNING SERVICES, INC.7 years Service code 49 · EIN 84-1096179	Other Services	$5,052

Plan features & details

Pension benefit codes3D2E2F2G2J2K2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

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

$71K

$620 / participant

Investment mgmt$43K61.0%
Other / not subdivided$28K39.0%

% of EOY assets

1.096%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EIDE BAILLY LLP
Auditor EIN: 450250958
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,753

$64,138-0.6%

$112,258-43.2%

$66,930-4.7%

Participation rate

70.4%

68.5%+2.0pp

75.1%-4.6pp

69.8%+0.6pp

Annual return

-18.38%

-13.81%-4.6pp

27.47%-45.9pp

1.57%-20.0pp

Employer contribution / active EE

$2,090

$3,006-30.5%

$3,636-42.5%

$2,545-17.9%

Participant deferral / active EE

$3,652

$3,694-1.1%

$4,728-22.8%

$4,238-13.8%

Admin fee / account holder

$699

$625+11.7%

$6,411-89.1%

$593+17.8%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS2 years

Filed as: TFA TRANSAMERICA CAPITAL, INC.

Service code 27 · EIN 65-3141953

Advisory (Plan)

$54,294

LT TRUST COMPANY7 years

Filed as: LT TRUST COMPANY, INC.

Service code 15 · EIN 61-1607607

Recordkeeping

$24,870

PLAN STRATEGIES, INC.4 years

Filed as: PSI - PLAN STRATEGIES, INC.

Service code 27 · EIN 41-1910561

Advisory (Plan)

$7,239

RETIREMENT PLANNING SERVICES, INC.7 years

Service code 49 · EIN 84-1096179

Other Services

$5,052

KEN CARYL GLASS, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEN CARYL GLASS, INC. 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