Retirement plan

KIDS ON THE MOVE 401(K) RETIREMENT PLAN

Name: KIDS ON THE MOVE, INC. - KIDS ON THE MOVE 401(K) RETIREMENT PLAN (2021) Form 5500
Creator: KIDS ON THE MOVE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KIDS ON THE MOVE 401(K) RETIREMENT PLAN, KIDS ON THE MOVE, INC.

KIDS ON THE MOVE, INC.EIN 87-0438519Plan #002PY 2021

475 WEST 260 NORTH - OREM, UT 84057801-221-9930LinkedIn1-10 employeesmedical practice

Prospect flagsLow participationLow fidelity bond

How to read this page

Total assets (EOY)

$2.1M

+30.2% from 2020

Total participants

153

-0.6% from 2020

Average account balance

$19,510

+25.4% from 2020

Annual return

18.59%

+11.68 pp from 2020

Benchmarks

See 3,974 peers

Peer group

Industry61 - Educational Services

Plan typeDefined contribution

Participants25-99

Cohort3,974 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.42M

Not enough data

1 years with asset history on file

Average account balance

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

$26K

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.

130

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.

48.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$542K

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

+12.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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 2 by compensation

Provider	Service type	Compensation
BUCKINGHAM STRATEGIC PARTNERS3 years Filed as: BUCKINGHAM ASSET MANAGEMENT Service code 26 8182 MARYLAND AVENUE · ST. LOUIS, MO 63105	Advisory (Participants)	$13,523
NEWPORT GROUP, INC.3 years Service code 13 · EIN 27-2037969	Contract Administrator	$8,071

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$23K

$234 / participant

Investment mgmt$14K60.1%
Contract admin$8K35.9%
Other / not subdivided$9164.1%

% of EOY assets

1.068%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: LEE CPA AUDIT GROUP
Auditor EIN: 814637885
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,510

$53,837-63.8%

$75,714-74.2%

$85,847-77.3%

Participation rate

53.1%

69.1%-15.9pp

74.8%-21.7pp

69.3%-16.2pp

Annual return

18.59%

24.54%-6.0pp

104.62%-86.0pp

318.61%-300.0pp

Employer contribution / active EE

$735

$2,017-63.5%

$2,744-73.2%

$2,565-71.3%

Participant deferral / active EE

$1,989

$2,895-31.3%

$3,820-47.9%

$3,952-49.7%

Admin fee / account holder

$208

$3,339-93.8%

$3,619-94.2%

$6,261-96.7%

Provider

Service type

Compensation

BUCKINGHAM STRATEGIC PARTNERS3 years

Filed as: BUCKINGHAM ASSET MANAGEMENT

Service code 26

8182 MARYLAND AVENUE · ST. LOUIS, MO 63105

Advisory (Participants)

$13,523

NEWPORT GROUP, INC.3 years

Service code 13 · EIN 27-2037969

Contract Administrator

$8,071

KIDS ON THE MOVE 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KIDS ON THE MOVE 401(K) 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