Retirement plan

YOUR EMPLOYMENT SOLUTIONS RETIREMENT SAVINGS PLAN

Name: K & R INVESTMENTS GROUP, LLC - YOUR EMPLOYMENT SOLUTIONS RETIREMENT SAVINGS PLAN (2017) Form 5500
Creator: K & R INVESTMENTS GROUP, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, YOUR EMPLOYMENT SOLUTIONS RETIREMENT SAVINGS PLAN, K & R INVESTMENTS GROUP, LLC

K & R INVESTMENTS GROUP, LLCdba YOUR EMPLOYMENT SOLUTIONSEIN 87-0639431Plan #001PY 2017

880 W CENTER ST - NORTH SALT LAKE, UT 84054801-298-9377

Prospect flagsLow participationLow participant contributionLow fidelity bondFailed to transmit contributions

How to read this page

Total assets (EOY)

$880K

+28.6% from 2016

Total participants

144

+87.0% from 2016

Average account balance

$48,874

+21.5% from 2016

Annual return

15.68%

+7.40 pp from 2016

Benchmarks

See 945 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort945 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.74M

Not enough data

1 years with asset history on file

Average account balance

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

$131K

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.

7.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$203K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$717

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

+11.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3325

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

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
LINCOLN NATIONAL CORPORATION1 year Service code 13 · EIN 35-1140070	Contract Administrator	$4,869
STADION MONEY MANAGEMENT1 year Service code 26 · EIN 58-2099805	Advisory (Participants)	$307
NATIONAL BENEFIT SERVICES, LLC1 year Filed as: NATIONAL BENEFIT SERVICES Service code 15 · EIN 20-3886993	Recordkeeping	$300

Plan features & details

Pension benefit codes2A2E2G2J2K2R3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

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: ADAMS & PETERSEN, CPAS LLC
Auditor EIN: 870686187
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$48,874

$36,767+32.9%

$81,478-40.0%

$62,293-21.5%

Participation rate

12.5%

54.4%-41.9pp

68.0%-55.5pp

69.5%-57.0pp

Annual return

15.68%

173.80%-158.1pp

38.78%-23.1pp

28.90%-13.2pp

Employer contribution / active EE

$259

$1,128-77.0%

$2,568-89.9%

$2,042-87.3%

Participant deferral / active EE

$520

$2,111-75.4%

$3,537-85.3%

$3,169-83.6%

Admin fee / account holder

$797-100.0%

$4,561-100.0%

$479-100.0%

Provider

Service type

Compensation

LINCOLN NATIONAL CORPORATION1 year

Service code 13 · EIN 35-1140070

Contract Administrator

$4,869

STADION MONEY MANAGEMENT1 year

Service code 26 · EIN 58-2099805

Advisory (Participants)

$307

NATIONAL BENEFIT SERVICES, LLC1 year

Filed as: NATIONAL BENEFIT SERVICES

Service code 15 · EIN 20-3886993

Recordkeeping

$300

YOUR EMPLOYMENT SOLUTIONS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

YOUR EMPLOYMENT SOLUTIONS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion