Retirement plan

KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN

Name: KENMORE AIR HARBOR, INC. - KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN (2017) Form 5500
Creator: KENMORE AIR HARBOR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN, KENMORE AIR HARBOR, INC.

KENMORE AIR HARBOR, INC.EIN 91-0525776Plan #001PY 2017

6321 NE 175TH STREET - KENMORE, WA 980280064425-482-2237kenmoreairharbor.comLinkedIn51-200 employeesairlines/aviation

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$6.7M

+19.0% from 2016

Total participants

123

+11.8% from 2016

Average account balance

$69,856

+7.8% from 2016

Annual return

14.90%

+8.16 pp from 2016

Benchmarks

See 1,029 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,029 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.70M

Not enough data

1 years with asset history on file

Average account balance

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

$126K

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.

89.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$741K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+13.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10551

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 4 by compensation

Provider	Service type	Compensation
USI CONSULTING GROUP1 year Filed as: USI CONSULTING GROUP, INC. Service code 15 · EIN 06-1053228 95 GLASTONBURY BOULEVARD · GASLTONBURY, CT 06033	Recordkeeping	$20,912
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB BANK & TRUST CO.. Service code 19	Securities Custodian	$1,477
CHARLES SCHWAB & CO., INC.3+ years Service code 18 · EIN 94-1737782 211 MAIN STREET · SAN FRANCISCO, CA 94105	Shareholder servicing fees; Custodial...	$0
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK/TRUST CO. Service code 18 · EIN 42-1558009 211 MAIN STREET · SAN FRANCISCO, CA 94105	Float revenue; Shareholder servicing ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D

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.
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

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$21K

$209 / participant

Investment mgmt$21K98.1%
Contract admin$4011.9%

% of EOY assets

0.312%

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: PETERSON SULLIVAN
Auditor EIN: 910605875
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$69,856

$46,297+50.9%

$71,671-2.5%

$62,293+12.1%

Participation rate

73.0%

60.6%+12.4pp

68.7%+4.3pp

69.5%+3.5pp

Annual return

14.90%

22.32%-7.4pp

20.65%-5.7pp

28.90%-14.0pp

Employer contribution / active EE

$1,008

$1,412-28.6%

$2,460-59.0%

$2,042-50.7%

Participant deferral / active EE

$2,486

$2,235+11.2%

$3,438-27.7%

$3,169-21.6%

Admin fee / account holder

$218

$461-52.7%

$5,558-96.1%

$479-54.6%

Provider

Service type

Compensation

USI CONSULTING GROUP1 year

Filed as: USI CONSULTING GROUP, INC.

Service code 15 · EIN 06-1053228

95 GLASTONBURY BOULEVARD · GASLTONBURY, CT 06033

Recordkeeping

$20,912

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB BANK & TRUST CO..

Service code 19

Securities Custodian

$1,477

CHARLES SCHWAB & CO., INC.3+ years

Service code 18 · EIN 94-1737782

211 MAIN STREET · SAN FRANCISCO, CA 94105

Shareholder servicing fees; Custodial...

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB BANK/TRUST CO.

Service code 18 · EIN 42-1558009

211 MAIN STREET · SAN FRANCISCO, CA 94105

Float revenue; Shareholder servicing ...

KENMORE AIR HARBOR, INC. PROFIT SHARING 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KENMORE AIR HARBOR, INC. PROFIT SHARING 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