Retirement plan

KEARNEY EQUIPMENT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: KEARNEY EQUIPMENT HOLDINGS, INC. - KEARNEY EQUIPMENT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: KEARNEY EQUIPMENT HOLDINGS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEARNEY EQUIPMENT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN, KEARNEY EQUIPMENT HOLDINGS, INC.

KEARNEY EQUIPMENT HOLDINGS, INC.EIN 84-4136197Plan #001PY 2023

5820 N 119TH W - MAIZE, KS 67101620-330-6445

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.7M

+1029.0% from 2022

Total participants

+10.5% from 2022

Average account balance

$80,641

+921.5% from 2022

Annual return

997.61%

+1031.19 pp from 2022

Benchmarks

See 22,643 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort22,643 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$601K

Not enough data

1 years with asset history on file

Average account balance

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

$27K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

-67.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$752

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 codes2E2I2P3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

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

$13K

$648 / participant

Other / not subdivided$13K100.0%

% of EOY assets

0.765%

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

$80,641

$110,212-26.8%

$96,534-16.5%

$139,466-42.2%

Participation rate

100.0%

78.1%+21.9pp

76.0%+24.0pp

80.3%+19.7pp

Annual return

997.61%

26.42%+971.2pp

25.88%+971.7pp

373.66%+623.9pp

Employer contribution / active EE

$2,376

$3,620-34.4%

$2,965-19.9%

$4,754-50.0%

Participant deferral / active EE

$5,547-100.0%

$4,851-100.0%

$6,712-100.0%

Admin fee / account holder

$617

$11,599-94.7%

$8,253-92.5%

$11,409-94.6%

KEARNEY EQUIPMENT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEARNEY EQUIPMENT HOLDINGS, INC. EMPLOYEE STOCK OWNERSHIP 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