Retirement plan

ANDERSEN BJORNSTAD KANE JACOBS, INC. 401(K) RETIREMENT PLAN

Name: ANDERSEN BJORNSTAD KANE JACOBS, INC. - ANDERSEN BJORNSTAD KANE JACOBS, INC. 401(K) RETIREMENT PLAN (2023) Form 5500
Creator: ANDERSEN BJORNSTAD KANE JACOBS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ANDERSEN BJORNSTAD KANE JACOBS, INC. 401(K) RETIREMENT PLAN, ANDERSEN BJORNSTAD KANE JACOBS, INC.

ANDERSEN BJORNSTAD KANE JACOBS, INC.EIN 91-0927987Plan #002PY 2023

13056 42ND AVENUE NE - SEATTLE, WA 98125206-340-2255LinkedIn1-10 employeesmechanical or industrial engineering

Prospect flagsLow employer contribution

How to read this page

Total assets (EOY)

$2.9M

+27.6% from 2022

Total participants

0.0% from 2022

Average account balance

$195,132

+27.6% from 2022

Annual return

26.43%

+47.76 pp from 2022

Benchmarks

See 139,849 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants<25

Cohort139,849 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.61M

Not enough data

1 years with asset history on file

Average account balance

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

$241K

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.

83.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$39K

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

+21.93%

Not enough data

1 years with return on file

Admin fee / account holder

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

$43

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$2K

$288 / participant

Other / not subdivided$2K100.0%

% of EOY assets

0.059%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$195,132

$148,582+31.3%

$135,942+43.5%

$139,456+39.9%

Participation rate

83.3%

83.9%-0.5pp

81.9%+1.4pp

80.3%+3.0pp

Annual return

26.43%

79.26%-52.8pp

68.28%-41.8pp

373.45%-347.0pp

Employer contribution / active EE

$5,245-100.0%

$4,858-100.0%

$4,753-100.0%

Participant deferral / active EE

$4,578

$8,101-43.5%

$7,759-41.0%

$6,711-31.8%

Admin fee / account holder

$115

$12,402-99.1%

$10,764-98.9%

$11,407-99.0%

ANDERSEN BJORNSTAD KANE JACOBS, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ANDERSEN BJORNSTAD KANE JACOBS, INC. 401(K) 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