Retirement plan

KEKER, VAN NEST & PETERS RETIREMENT 401(K) PLAN

Name: KEKER, VAN NEST & PETERS LLP - KEKER, VAN NEST & PETERS RETIREMENT 401(K) PLAN (2020) Form 5500
Creator: KEKER, VAN NEST & PETERS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KEKER, VAN NEST & PETERS RETIREMENT 401(K) PLAN, KEKER, VAN NEST & PETERS LLP

KEKER, VAN NEST & PETERS LLPEIN 94-2789810Plan #002PY 2020

633 BATTERY ST. - SAN FRANCISCO, CA 94111415-391-5400keker.comLinkedIn51-200 employeeslaw practice

Other plans on this EIN

2 filings

#004Retirement-$10.8M assets #003Retirement-$6.7M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$103.4M

+19.0% from 2019

Total participants

162

0.0% from 2019

Average account balance

$638,009

+12.4% from 2019

Annual return

18.34%

-2.36 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$118.47M

Not enough data

1 years with asset history on file

Average account balance

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

$604K

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.

196

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.

97.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.89M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$41K

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

+23.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1406

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 7 by compensation

Provider	Service type	Compensation
MARIN FINANCIAL ADVISORS6+ years Service code 27 · EIN 38-3718954	Advisory (Plan)	$55,271
JURIKA MILLS & KEIFER LLC3 years Service code 51 · EIN 05-0559462	Investment Mgmt Fees	$53,860
WETHERBY ASSET MANAGEMENT3 years Service code 51 · EIN 94-3112753	Investment Mgmt Fees	$35,952
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$14,036
MILLIMAN, INC.6+ years Service code 15 · EIN 91-0675641	Recordkeeping	$13,759
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB & CO., INC Service code 19	Securities Custodian	$0
CHARLES SCHWAB & CO., INC.6+ years Service code 19 · EIN 94-1737782	Securities Custodian	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2K2R3B

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.
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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$173K

$1383 / participant

Other / not subdivided$173K100.0%

% of EOY assets

0.167%

all-in expense ratio

Categories reported

0 / 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: COMYNS,SMITH,MCCLEARY & DEAVER LLP
Auditor EIN: 680307221
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$638,009

$99,957+538.3%

$149,730+326.1%

$73,493+768.1%

Participation rate

100.0%

75.7%+24.3pp

82.5%+17.5pp

70.7%+29.3pp

Annual return

18.34%

53.87%-35.5pp

276.70%-258.4pp

28.51%-10.2pp

Employer contribution / active EE

$16,942

$3,191+430.9%

$4,645+264.7%

$2,270+646.3%

Participant deferral / active EE

$14,411

$6,073+137.3%

$6,843+110.6%

$3,740+285.3%

Admin fee / account holder

$1,067

$551+93.8%

$9,310-88.5%

$513+108.0%

Provider

Service type

Compensation

MARIN FINANCIAL ADVISORS6+ years

Service code 27 · EIN 38-3718954

Advisory (Plan)

$55,271

JURIKA MILLS & KEIFER LLC3 years

Service code 51 · EIN 05-0559462

Investment Mgmt Fees

$53,860

WETHERBY ASSET MANAGEMENT3 years

Service code 51 · EIN 94-3112753

Investment Mgmt Fees

$35,952

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

$14,036

MILLIMAN, INC.6+ years

Service code 15 · EIN 91-0675641

Recordkeeping

$13,759

CHARLES SCHWAB & CO., INC.6+ years

Filed as: CHARLES SCHWAB & CO., INC

Service code 19

Securities Custodian

CHARLES SCHWAB & CO., INC.6+ years

Service code 19 · EIN 94-1737782

Securities Custodian

KEKER, VAN NEST & PETERS RETIREMENT 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KEKER, VAN NEST & PETERS RETIREMENT 401(K) 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