Retirement plan

KEY ASSETS RETIREMENT PLAN

Name: KEY ASSETS, LLC DBA KEY ASSETS KENTUCKY - KEY ASSETS RETIREMENT PLAN (2023) Form 5500
Creator: KEY ASSETS, LLC DBA KEY ASSETS KENTUCKY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEY ASSETS RETIREMENT PLAN, KEY ASSETS, LLC DBA KEY ASSETS KENTUCKY

KEY ASSETS, LLC DBA KEY ASSETS KENTUCKYEIN 84-4694855Plan #001PY 2023

961 BEASLEY ST. SUITE 170 - LEXINGTON, KY 40509859-226-5022

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$424K

+61.8% from 2022

Total participants

+23.6% from 2022

Average account balance

$10,596

+13.3% from 2022

Annual return

21.08%

+42.64 pp from 2022

Benchmarks

See 20,801 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants25-99

Cohort20,801 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$519K

Not enough data

1 years with asset history on file

Average account balance

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

$16K

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.

58.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$121K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.49%

Not enough data

1 years with return on file

Admin fee / account holder

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

$2558

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 codes2G2J2T3D

Plan features

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.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$4K

$72 / participant

Other / not subdivided$4K100.0%

% of EOY assets

0.937%

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

$10,596

$77,908-86.4%

$149,696-92.9%

$75,173-85.9%

Participation rate

49.1%

65.6%-16.5pp

78.8%-29.7pp

67.2%-18.1pp

Annual return

21.08%

31.73%-10.6pp

134.46%-113.4pp

160.72%-139.6pp

Employer contribution / active EE

$673

$3,138-78.5%

$4,821-86.0%

$2,671-74.8%

Participant deferral / active EE

$1,322

$3,411-61.2%

$5,682-76.7%

$4,126-68.0%

Admin fee / account holder

$99

$5,950-98.3%

$13,212-99.2%

$5,651-98.2%

KEY ASSETS RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEY ASSETS RETIREMENT 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