Retirement plan

KAYE-SMITH ENTERPRISES 401(K) RETIREMENT SAVINGS PLAN & TRUST

Name: KAYE-SMITH ENTERPRISES, INC. - KAYE-SMITH ENTERPRISES 401(K) RETIREMENT SAVINGS PLAN & TRUST (2024) Form 5500
Creator: KAYE-SMITH ENTERPRISES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAYE-SMITH ENTERPRISES 401(K) RETIREMENT SAVINGS PLAN & TRUST, KAYE-SMITH ENTERPRISES, INC.

KAYE-SMITH ENTERPRISES, INC.EIN 93-0523003Plan #001PY 2024

700 112TH AVENUE N.E. - BELLEVUE, WA 98004425-455-0923LinkedIn51-200 employeesprinting

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$18.6M

-0.6% from 2023

Total participants

234

-8.2% from 2023

Average account balance

$106,090

+5.6% from 2023

Annual return

17.31%

-7.25 pp from 2023

Benchmarks

See 1,845 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,845 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$18.57M

Not enough data

1 years with asset history on file

Average account balance

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

$106K

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.

175

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.

65.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$795K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+17.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$201

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 2 by compensation

Provider	Service type	Compensation
BENSLER, LLC3 years Service code 27 · EIN 71-1004774 10900 NE 8TH ST, SUITE 1550 · BELLEVUE, WA 98004	Advisory (Plan)	$17,539
JOHN HANCOCK LIFE INSURANCE COMPANY4 years Filed as: JOHN HANCOCK Service code 64 · EIN 01-0233346	Recordkeeping Fees	$15,306

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

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$35K

$205 / participant

Investment mgmt$18K49.9%
Contract admin$15K43.6%
Other / not subdivided$2K6.5%

% of EOY assets

0.189%

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: SWEENEY CONRAD, PS
Auditor EIN: 911301672
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$106,090

$78,636+34.9%

$105,607+0.5%

$74,459+42.5%

Participation rate

65.5%

72.8%-7.3pp

75.3%-9.8pp

67.2%-1.7pp

Annual return

17.31%

15.96%+1.4pp

116.11%-98.8pp

1369.70%-1352.4pp

Employer contribution / active EE

$326

$2,523-87.1%

$3,167-89.7%

$2,626-87.6%

Participant deferral / active EE

$4,325

$4,322+0.1%

$5,011-13.7%

$4,350-0.6%

Admin fee / account holder

$201

$2,220-91.0%

$10,958-98.2%

$1,945-89.7%

Provider

Service type

Compensation

BENSLER, LLC3 years

Service code 27 · EIN 71-1004774

10900 NE 8TH ST, SUITE 1550 · BELLEVUE, WA 98004

Advisory (Plan)

$17,539

JOHN HANCOCK LIFE INSURANCE COMPANY4 years

Filed as: JOHN HANCOCK

Service code 64 · EIN 01-0233346

Recordkeeping Fees

$15,306

KAYE-SMITH ENTERPRISES 401(K) RETIREMENT SAVINGS PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAYE-SMITH ENTERPRISES 401(K) RETIREMENT SAVINGS PLAN & TRUST

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