Retirement plan

KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: KLH MARKETING, INC. - KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2022) Form 5500
Creator: KLH MARKETING, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST, KLH MARKETING, INC.

KLH MARKETING, INC.EIN 95-4387757Plan #004PY 2022

2120 E. WINSTON ROAD - ANAHEIM, CA 928065534714-999-0100klh.comLinkedIn11-50 employeesrestaurants

Other plans on this EIN

1 filing

#001Retirement-$2.0M assets

Prospect flagsHigh feesLow fidelity bond

How to read this page

Total assets (EOY)

$6.2M

+27.7% from 2021

Total participants

-10.3% from 2021

Average account balance

$239,988

+42.5% from 2021

Annual return

16.71%

+27.49 pp from 2021

Benchmarks

See 23,464 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,464 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.85M

Not enough data

1 years with asset history on file

Average account balance

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

$180K

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.

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$376K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

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

-25.65%

Not enough data

1 years with return on file

Admin fee / account holder

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

$14348

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2P2Q3I

Plan features

2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$536K

$22324 / participant

Other / not subdivided$536K100.0%

% of EOY assets

8.586%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$239,988

$142,392+68.5%

$119,622+100.6%

$134,532+78.4%

Participation rate

100.0%

82.8%+17.2pp

79.3%+20.7pp

81.2%+18.8pp

Annual return

16.71%

-12.46%+29.2pp

-14.98%+31.7pp

418.27%-401.6pp

Employer contribution / active EE

$23,339

$5,224+346.8%

$4,232+451.5%

$4,741+392.3%

Participant deferral / active EE

$6,467-100.0%

$5,601-100.0%

$6,401-100.0%

Admin fee / account holder

$20,606

$13,593+51.6%

$10,328+99.5%

$11,429+80.3%

KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND 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