Retirement plan

KR CONTRACTING, INC 401(K) PLAN

Name: KR CONTRACTING, INC. - KR CONTRACTING, INC 401(K) PLAN (2023) Form 5500
Creator: KR CONTRACTING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KR CONTRACTING, INC 401(K) PLAN, KR CONTRACTING, INC.

KR CONTRACTING, INC.EIN 90-0644901Plan #001PY 2023

7432 ALBAN STATION BOULEVARD, SUITE 258 - HAGERSTOWN, VA 22150301-797-7569krcont.comLinkedIn501-1000 employeessecurity and investigations

Other plans on this EIN

1 filing

#002Retirement-$9.5M assets

Prospect flagsRecently cancelled planLow returnsWind-down / frozen

How to read this page

Total assets (EOY)

-100.0% from 2022

Total participants

-100.0% from 2022

Average account balance

-100.0% from 2022

Annual return

-99.72%

-86.73 pp from 2022

Benchmarks

See 51,545 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants<25

Cohort51,545 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 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

-99.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 6 by compensation

Provider	Service type	Compensation
AMERICAN FUNDS2 years Filed as: THE CAPITAL GROUP INVESTMENT Service code 99 · EIN 46-4255096	Other Fees	$498
DORADO RETIREMENT SERVICES2 years Service code 49 · EIN 84-4498747	Other Services	$471
AXIM MANAGED RETIREMENT SOLUTIONS3 years Filed as: AXIM MANAGED RETIREMENT SOLUTION Service code 99 · EIN 90-0644901	Other Fees	$0
AXIM MANAGED RETIREMENT SOLUTIONS3 years Service code 49 · EIN 90-0644901 8925 W POST RD STE 105 · LAS VEGAS, NV 89148	Other Services	$0
QBOX FIDUCIARY SOLUTIONS, LLC2 years Service code 99 · EIN 46-2486380	Other Fees	$0
UNITED PLANNERS FINANCIAL SERVICES3 years Service code 99 · EIN 86-0588303	Other Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2T2J3D

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.
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.
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.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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.
InformationalRecently cancelled plan
Plan reported a final filing / termination within the last year.

Expense breakdown

Schedule H Part II

Admin total

$4K

Recordkeeping$4K100.0%

% of EOY assets

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: BD & ASSOCIATES CPAS, PLLC
Auditor EIN: 274279115
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,280-100.0%

$96,538-100.0%

$139,487-100.0%

Participation rate

0.0%

77.8%-77.8pp

74.3%-74.3pp

80.3%-80.3pp

Annual return

-99.72%

38.48%-138.2pp

35.74%-135.5pp

373.84%-473.6pp

Employer contribution / active EE

$4,107-100.0%

$3,740-100.0%

$4,755-100.0%

Participant deferral / active EE

$5,457-100.0%

$4,880-100.0%

$6,713-100.0%

Admin fee / account holder

$7,888-100.0%

$6,737-100.0%

$11,407-100.0%

Provider

Service type

Compensation

AMERICAN FUNDS2 years

Filed as: THE CAPITAL GROUP INVESTMENT

Service code 99 · EIN 46-4255096

Other Fees

$498

DORADO RETIREMENT SERVICES2 years

Service code 49 · EIN 84-4498747

Other Services

$471

AXIM MANAGED RETIREMENT SOLUTIONS3 years

Filed as: AXIM MANAGED RETIREMENT SOLUTION

Service code 99 · EIN 90-0644901

Other Fees

AXIM MANAGED RETIREMENT SOLUTIONS3 years

Service code 49 · EIN 90-0644901

8925 W POST RD STE 105 · LAS VEGAS, NV 89148

Other Services

QBOX FIDUCIARY SOLUTIONS, LLC2 years

Service code 99 · EIN 46-2486380

Other Fees

UNITED PLANNERS FINANCIAL SERVICES3 years

Service code 99 · EIN 86-0588303

Other Fees

KR CONTRACTING, INC 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KR CONTRACTING, INC 401(K) 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