Retirement plan

KIOSK INFORMATION SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Name: KIOSK INFORMATION SYSTEMS, INC. - KIOSK INFORMATION SYSTEMS, INC. 401(K) PROFIT SHARING PLAN (2023) Form 5500
Creator: KIOSK INFORMATION SYSTEMS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIOSK INFORMATION SYSTEMS, INC. 401(K) PROFIT SHARING PLAN, KIOSK INFORMATION SYSTEMS, INC.

KIOSK INFORMATION SYSTEMS, INC.EIN 84-1250604Plan #001PY 2023

346 S. ARTHUR AVE. - LOUISVILLE, CO 80027303-661-1633kiosk.comLinkedIn51-200 employeesinformation technology and services

Prospect flagsLow returnsHigh feesLow participation

How to read this page

Total assets (EOY)

$8.9M

+3.8% from 2022

Total participants

192

+8.5% from 2022

Average account balance

$61,597

+11.0% from 2022

Annual return

15.23%

+32.82 pp from 2022

Benchmarks

See 6,231 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,231 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.17M

Not enough data

1 years with asset history on file

Average account balance

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

$70K

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.

145

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.

66.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+16.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-15

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 5 by compensation

Provider	Service type	Compensation
RETIREMENT PLANNING SERVICES, INC.3 years Filed as: RETIREMENT PLANNING SERVICES INC Service code 13 P.O. BOX 64535 · ST PAUL, MN 551640535	Contract Administrator	$45,226
GLOBAL RETIREMENT PARTNERS LLC4 years Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 4340 REDWOOD HWY, STE. B60 · SAN RAFAEL, CA 94903	Advisory (Plan)	$24,516
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$17,744
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ADVISORY GROUP, LLC Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Investment Management	$12,960
ALERUS FINANCIAL, N.A.1 year Filed as: ALERUS FINANCIAL NA Service code 13 PO BOX 6001 · GRAND FORKS, ND 58201	Contract Administrator	$0

Plan features & details

Pension benefit codes2E2J2K2F2G3D2T3H

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.
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

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$99K

$690 / participant

Investment mgmt$35K35.0%
Other / not subdivided$65K65.0%

% of EOY assets

1.119%

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: BDO USA, P.A.
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,597

$91,439-32.6%

$135,974-54.7%

$71,511-13.9%

Participation rate

66.7%

75.7%-9.0pp

81.9%-15.3pp

67.9%-1.3pp

Annual return

15.23%

29.90%-14.7pp

68.30%-53.1pp

28.86%-13.6pp

Employer contribution / active EE

$2,223

$3,705-40.0%

$4,859-54.2%

$2,589-14.1%

Participant deferral / active EE

$4,533

$7,093-36.1%

$7,760-41.6%

$4,291+5.6%

Admin fee / account holder

$690

$1,267-45.6%

$10,767-93.6%

$1,588-56.6%

Provider

Service type

Compensation

RETIREMENT PLANNING SERVICES, INC.3 years

Filed as: RETIREMENT PLANNING SERVICES INC

Service code 13

P.O. BOX 64535 · ST PAUL, MN 551640535

Contract Administrator

$45,226

GLOBAL RETIREMENT PARTNERS LLC4 years

Filed as: GLOBAL RETIREMENT PARTNERS, LLC

Service code 27

4340 REDWOOD HWY, STE. B60 · SAN RAFAEL, CA 94903

Advisory (Plan)

$24,516

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INS CO OF AMERICA

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$17,744

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ADVISORY GROUP, LLC

Service code 28

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Investment Management

$12,960

ALERUS FINANCIAL, N.A.1 year

Filed as: ALERUS FINANCIAL NA

Service code 13

PO BOX 6001 · GRAND FORKS, ND 58201

Contract Administrator

KIOSK INFORMATION SYSTEMS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIOSK INFORMATION SYSTEMS, INC. 401(K) PROFIT SHARING 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