Retirement plan

LOOKAFTER HAIR COMPANY 401(K) RETIREMENT SAVINGS PLAN

Name: LOOKAFTER HAIR COMPANY, LLC - LOOKAFTER HAIR COMPANY 401(K) RETIREMENT SAVINGS PLAN (2021) Form 5500
Creator: LOOKAFTER HAIR COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LOOKAFTER HAIR COMPANY 401(K) RETIREMENT SAVINGS PLAN, LOOKAFTER HAIR COMPANY, LLC

LOOKAFTER HAIR COMPANY, LLCEIN 86-2197384Plan #001PY 2021

335 CONSORT DR. - BALLWIN, MO 63011636-391-1717lookafterhairco.comLinkedIn51-200 employeesindividual & family services

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2M

No prior year

Total participants

No prior year

Average account balance

$29,277

No prior year

Annual return

14.12%

No prior year

Benchmarks

See 8,920 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants25-99

Cohort8,920 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.29M

Not enough data

1 years with asset history on file

Average account balance

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

$36K

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.

105.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$107K

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

+10.83%

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

Top 2 by compensation

Provider	Service type	Compensation
ASCENSUS LLC1+ years Filed as: ASCENSUS, LLC Service code 15 · EIN 11-3665754	Recordkeeping	$13,993
KPM CPAS, PC1+ years Filed as: KPM CPAS & ADVISORS Service code 10 · EIN 43-1109768	Accounting	$13,375

Plan features & details

Pension benefit codes2E2J2K3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

$27K

$559 / participant

Other / not subdivided$27K100.0%

% of EOY assets

1.375%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KPM CPAS, PC
Auditor EIN: 431009768
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,277

$65,434-55.3%

$98,483-70.3%

$85,847-65.9%

Participation rate

81.6%

65.0%+16.6pp

73.3%+8.3pp

69.3%+12.3pp

Annual return

14.12%

21.75%-7.6pp

1494.38%-1480.3pp

318.61%-304.5pp

Employer contribution / active EE

$374

$2,169-82.8%

$2,961-87.4%

$2,565-85.4%

Participant deferral / active EE

$1,402

$3,168-55.7%

$4,276-67.2%

$3,952-64.5%

Admin fee / account holder

$402

$4,595-91.2%

$5,953-93.2%

$6,261-93.6%

Provider

Service type

Compensation

ASCENSUS LLC1+ years

Filed as: ASCENSUS, LLC

Service code 15 · EIN 11-3665754

Recordkeeping

$13,993

KPM CPAS, PC1+ years

Filed as: KPM CPAS & ADVISORS

Service code 10 · EIN 43-1109768

Accounting

$13,375

LOOKAFTER HAIR COMPANY 401(K) RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LOOKAFTER HAIR COMPANY 401(K) RETIREMENT SAVINGS 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