Retirement plan

KITTELSON & ASSOCIATES, INC. 401(K) RETIREMENT PLAN

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

KITTELSON & ASSOCIATES, INC.EIN 93-0964447Plan #001PY 2023

851 SW 6TH AVENUE, SUITE 600 - PORTLAND, OR 97204503-535-7423kittelson.comLinkedIn201-500 employeescivil engineering

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$57.2M

+35.9% from 2022

Total participants

444

+8.0% from 2022

Average account balance

$131,606

+24.3% from 2022

Annual return

22.02%

+39.09 pp from 2022

Benchmarks

See 3,234 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,234 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$72.29M

Not enough data

1 years with asset history on file

Average account balance

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

$161K

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.

449

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.

99.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+16.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$10

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
T ROWE PRICE RPS INC7+ years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$2,820
CHARLES SCHWAB & CO., INC.6 years Service code 33 · EIN 94-1737782	Other commissions; Direct payment fro...	$1

Plan features & details

Pension benefit codes2A2E2F2G2R2T3D

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$3K

$9 / participant

Recordkeeping$3K90.4%
Other / not subdivided$3009.6%

% of EOY assets

0.005%

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: ALDRICH CPAS + ADVISORS LLP
Auditor EIN: 930623286
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$131,606

$95,369+38.0%

$135,942-3.2%

$74,440+76.8%

Participation rate

97.5%

78.2%+19.3pp

81.9%+15.6pp

70.7%+26.8pp

Annual return

22.02%

32.72%-10.7pp

68.28%-46.3pp

34.37%-12.4pp

Employer contribution / active EE

$17,483

$3,878+350.8%

$4,858+259.9%

$2,638+562.8%

Participant deferral / active EE

$4,787

$7,788-38.5%

$7,759-38.3%

$4,529+5.7%

Admin fee / account holder

$266-97.3%

$10,764-99.9%

$348-97.9%

Provider

Service type

Compensation

T ROWE PRICE RPS INC7+ years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$2,820

CHARLES SCHWAB & CO., INC.6 years

Service code 33 · EIN 94-1737782

Other commissions; Direct payment fro...

KITTELSON & ASSOCIATES, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KITTELSON & ASSOCIATES, 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