Retirement plan

PSCO KIEFFER RETIREMENT PLAN

Name: PSCO KIEFFER, INC. - PSCO KIEFFER RETIREMENT PLAN (2024) Form 5500
Creator: PSCO KIEFFER, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, PSCO KIEFFER RETIREMENT PLAN, PSCO KIEFFER, INC.

PSCO KIEFFER, INC.EIN 88-1590556Plan #001PY 2024

3322 WASHINGTON AVE - SHEBOYGAN, WI 53081920-453-4174pscokieffer.comLinkedIn51-200 employeesconstruction

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.4M

+6.2% from 2023

Total participants

-29.5% from 2023

Average account balance

$71,567

+53.9% from 2023

Annual return

14.66%

-1.85 pp from 2023

Benchmarks

See 14,159 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,159 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.37M

Not enough data

1 years with asset history on file

Average account balance

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

$72K

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.

93.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$349K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+14.66%

Not enough data

1 years with return on file

Admin fee / account holder

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

$369

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 1 by compensation

Provider	Service type	Compensation
ALERUS FINANCIAL, N.A.3+ years Service code 15 · EIN 45-6062081	Recordkeeping	$36,035

Plan features & details

Pension benefit codes2E2F2G2J2L2T3D3H

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.
2L
Code section 403(b)(1) arrangement
Plan uses a Code section 403(b)(1) annuity contract as a funding vehicle.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$33K

$530 / participant

Recordkeeping$3K9.7%
Contract admin$30K90.3%

% of EOY assets

0.516%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MERCADIEN, P.C.
Auditor EIN: 223271712
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$71,567

$86,940-17.7%

$102,434-30.1%

$80,935-11.6%

Participation rate

93.5%

72.4%+21.2pp

76.5%+17.0pp

67.7%+25.9pp

Annual return

14.66%

18.89%-4.2pp

29.46%-14.8pp

35.66%-21.0pp

Employer contribution / active EE

$2,213

$2,370-6.6%

$3,023-26.8%

$2,757-19.7%

Participant deferral / active EE

$3,414

$4,121-17.2%

$5,055-32.5%

$4,299-20.6%

Admin fee / account holder

$369

$8,047-95.4%

$9,462-96.1%

$6,924-94.7%

Provider

Service type

Compensation

ALERUS FINANCIAL, N.A.3+ years

Service code 15 · EIN 45-6062081

Recordkeeping

$36,035

PSCO KIEFFER RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

PSCO KIEFFER 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