Retirement plan

KAFOURY, ARMSTRONG AND CO PROFIT SHARING PLAN AND TRUST

Name: KAFOURY, ARMSTRONG AND CO - KAFOURY, ARMSTRONG AND CO PROFIT SHARING PLAN AND TRUST (2015) Form 5500
Creator: KAFOURY, ARMSTRONG AND CO
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAFOURY, ARMSTRONG AND CO PROFIT SHARING PLAN AND TRUST, KAFOURY, ARMSTRONG AND CO

KAFOURY, ARMSTRONG AND COEIN 88-0116396Plan #001PY 2015

5441 KIETZKE LANE, SUITE 150 - RENO, NV 895112094775-689-9100

Prospect flagsHigh retiree %Low returnsHigh feesWind-down / frozen

How to read this page

Total assets (EOY)

$11.5M

No prior year

Total participants

No prior year

Average account balance

$195,312

No prior year

Annual return

-20.48%

No prior year

Benchmarks

See 103,909 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort103,909 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.89M

Not enough data

1 years with asset history on file

Average account balance

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

$186K

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

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+7.88%

Not enough data

1 years with return on file

Admin fee / account holder

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

$6545

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 5 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1+ years Filed as: HOOD & STRONG LLP Service code 10 · EIN 94-1254756 100 FIRST STREET, 14TH FLOOR · SAN FRANCISCO, CA 94105	Accounting	$31,710
CARRIE PARAGON1+ years Filed as: CARRIE JONES Service code 10 5441 KIETZKE LANE, SUITE 150 · RENO, NV 89511	Accounting	$19,777
COMMERCIAL PARTNERS OF NEVADA1+ years Service code 34 · EIN 33-1153985 5310 KIETZKE LANE, SUITE 204 · RENO, NV 89511	Valuation (appraisals, etc.)	$16,250
1ST SOURCE BANK1+ years Filed as: 1ST GLOBAL ADVISORS Service code 27 · EIN 75-2428870 P.O. BOX 743248 · DALLAS, TX 75374	Advisory (Plan)	$10,388
KRISTEN N. SHEASLEY1+ years Filed as: KRISTEN CHINVARASOPAK Service code 25 5441 KIETZKE LANE, SUITE 150 · RENO, NV 89511	Directed Trustee	$5,653

Reportable transactions (Schedule G)

1 row

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

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Plan features & details

Pension benefit codes2E2F2G2J2K2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$136K

$22702 / participant

Investment mgmt$18K12.9%
Other / not subdivided$119K87.1%

% of EOY assets

1.182%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOOD AND STRONG, LLP
Auditor EIN: 941254756
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,312

$127,387+53.3%

$115,038+69.8%

$125,389+55.8%

Participation rate

100.0%

84.2%+15.8pp

81.4%+18.6pp

83.2%+16.8pp

Annual return

-20.48%

31.28%-51.8pp

26.14%-46.6pp

282.24%-302.7pp

Employer contribution / active EE

$5,166-100.0%

$4,608-100.0%

$4,866-100.0%

Participant deferral / active EE

$6,423-100.0%

$6,026-100.0%

$5,352-100.0%

Admin fee / account holder

$2,309

$9,516-75.7%

$8,175-71.8%

$9,541-75.8%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1+ years

Filed as: HOOD & STRONG LLP

Service code 10 · EIN 94-1254756

100 FIRST STREET, 14TH FLOOR · SAN FRANCISCO, CA 94105

Accounting

$31,710

CARRIE PARAGON1+ years

Filed as: CARRIE JONES

Service code 10

5441 KIETZKE LANE, SUITE 150 · RENO, NV 89511

Accounting

$19,777

COMMERCIAL PARTNERS OF NEVADA1+ years

Service code 34 · EIN 33-1153985

5310 KIETZKE LANE, SUITE 204 · RENO, NV 89511

Valuation (appraisals, etc.)

$16,250

1ST SOURCE BANK1+ years

Filed as: 1ST GLOBAL ADVISORS

Service code 27 · EIN 75-2428870

P.O. BOX 743248 · DALLAS, TX 75374

Advisory (Plan)

$10,388

KRISTEN N. SHEASLEY1+ years

Filed as: KRISTEN CHINVARASOPAK

Service code 25

5441 KIETZKE LANE, SUITE 150 · RENO, NV 89511

Directed Trustee

$5,653

KAFOURY, ARMSTRONG AND CO PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAFOURY, ARMSTRONG AND CO PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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