Retirement plan

KINGS COMMUNITY ACTION ORGANIZATION, INC. 401(K) RETIREMENT PLAN

Name: KINGS COMMUNITY ACTION ORGANIZATION, INC. - KINGS COMMUNITY ACTION ORGANIZATION, INC. 401(K) RETIREMENT PLAN (2016) Form 5500
Creator: KINGS COMMUNITY ACTION ORGANIZATION, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KINGS COMMUNITY ACTION ORGANIZATION, INC. 401(K) RETIREMENT PLAN, KINGS COMMUNITY ACTION ORGANIZATION, INC.

KINGS COMMUNITY ACTION ORGANIZATION, INC.EIN 94-1604455Plan #001PY 2016

1130 N. 11TH AVENUE - HANFORD, CA 93230559-582-4386kcao.orgLinkedIn201-500 employeesnon-profit organization management

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$5.3M

+1.3% from 2015

Total participants

284

+5.6% from 2015

Average account balance

$21,506

+0.5% from 2015

Annual return

6.06%

+8.19 pp from 2015

Benchmarks

See 5,140 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants100-249

Cohort5,140 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$13.95M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

345

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.

99.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.38M

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

+12.59%

Not enough data

1 years with return on file

Admin fee / account holder

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

$340

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 4 by compensation

Provider	Service type	Compensation
ALL VALLEY ADMINISTRATORS, LLC2+ years Service code 15 · EIN 77-0536717	Recordkeeping	$14,479
TRANSAMERICA RETIREMENT SOLUTIONS2+ years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$190
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL CORPORATION Service code 22 · EIN 95-2834236	Insurance Broker	$0
VOYA RETIREMENT INSURANCE & ANNUITY2+ years Filed as: REALIASTAR Service code 64 · EIN 41-0451140	Recordkeeping Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$62 / participant

Contract admin$15K100.0%

% of EOY assets

0.273%

all-in expense ratio

Categories reported

1 / 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: PRICE, PAIGE & COMPANY
Auditor EIN: 770203007
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$21,506

$46,732-54.0%

$156,551-86.3%

$55,167-61.0%

Participation rate

84.3%

65.8%+18.5pp

84.0%+0.2pp

69.0%+15.3pp

Annual return

6.06%

17.72%-11.7pp

32.23%-26.2pp

169.23%-163.2pp

Employer contribution / active EE

$1,292

$2,105-38.6%

$5,501-76.5%

$1,963-34.2%

Participant deferral / active EE

$638

$2,204-71.0%

$4,871-86.9%

$3,054-79.1%

Admin fee / account holder

$59

$418-86.0%

$13,028-99.5%

$504-88.3%

Provider

Service type

Compensation

ALL VALLEY ADMINISTRATORS, LLC2+ years

Service code 15 · EIN 77-0536717

Recordkeeping

$14,479

TRANSAMERICA RETIREMENT SOLUTIONS2+ years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$190

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL CORPORATION

Service code 22 · EIN 95-2834236

Insurance Broker

VOYA RETIREMENT INSURANCE & ANNUITY2+ years

Filed as: REALIASTAR

Service code 64 · EIN 41-0451140

Recordkeeping Fees

KINGS COMMUNITY ACTION ORGANIZATION, INC. 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KINGS COMMUNITY ACTION ORGANIZATION, 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