Retirement plan

KAISERAIR, INC. SAVINGS AND PROFIT SHARING PLAN

Name: KAISERAIR, INC. - KAISERAIR, INC. SAVINGS AND PROFIT SHARING PLAN (2016) Form 5500
Creator: KAISERAIR, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAISERAIR, INC. SAVINGS AND PROFIT SHARING PLAN, KAISERAIR, INC.

KAISERAIR, INC.EIN 94-2452675Plan #001PY 2016

8735 EARHART ROAD - OAKLAND, CA 94621510-569-9622kaiserair.comLinkedIn51-200 employeesaviation & aerospace

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$28.6M

No prior year

Total participants

201

No prior year

Average account balance

$151,452

No prior year

Annual return

8.60%

No prior year

Benchmarks

See 1,015 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants100-249

Cohort1,015 peers

Snapshot2016

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$29.00M

Not enough data

1 years with asset history on file

Average account balance

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

$132K

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.

219

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.

81.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.84M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+13.71%

Not enough data

1 years with return on file

Admin fee / account holder

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

$380

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 3 by compensation

Provider	Service type	Compensation
GLOBAL RETIREMENT PARTNERS LLC2+ years Service code 27 · EIN 47-1411118	Advisory (Plan)	$67,589
RINA ACCOUNTANCY CORPORATION1+ years Filed as: RINA ACCOUNTANCY Service code 10 · EIN 94-3158857	Accounting	$12,750
MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years Service code 52 · EIN 04-1590850	Indirect Investment Fees	$2,499

Plan features & details

Pension benefit codes2E2J2F2G2K3D2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

$15K

$92 / participant

Contract admin$2K16.4%
Other / not subdivided$13K83.6%

% of EOY assets

0.053%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SHEA LABAGH DOBBERSTEIN
Auditor EIN: 942290202
Audit fees: (not subdivided)
Opinion code: Disclaimer

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$151,452

$44,425+240.9%

$67,834+123.3%

$55,167+174.5%

Participation rate

92.7%

59.7%+33.0pp

68.8%+23.9pp

69.0%+23.7pp

Annual return

8.60%

17.80%-9.2pp

138.47%-129.9pp

169.23%-160.6pp

Employer contribution / active EE

$4,464

$1,351+230.3%

$2,403+85.8%

$1,963+127.5%

Participant deferral / active EE

$3,646

$2,166+68.3%

$3,160+15.4%

$3,054+19.4%

Admin fee / account holder

$81

$530-84.8%

$4,622-98.3%

$504-84.0%

Provider

Service type

Compensation

GLOBAL RETIREMENT PARTNERS LLC2+ years

Service code 27 · EIN 47-1411118

Advisory (Plan)

$67,589

RINA ACCOUNTANCY CORPORATION1+ years

Filed as: RINA ACCOUNTANCY

Service code 10 · EIN 94-3158857

Accounting

$12,750

MASSACHUSETTS MUTUAL LIFE INS. CO.2+ years

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$2,499

KAISERAIR, INC. SAVINGS AND PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAISERAIR, INC. SAVINGS AND PROFIT SHARING 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