Retirement plan

KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST

Name: KLH MARKETING, INC. - KLH MARKETING, INC. EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST (2023) 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 2023

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

Other plans on this EIN

1 filing

#001Retirement-$2.1M assets

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$6M

-3.3% from 2022

Total participants

-3.8% from 2022

Average account balance

$241,384

+0.6% from 2022

Annual return

-11.85%

-28.56 pp from 2022

Benchmarks

See 23,824 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants<25

Cohort23,824 peers

Snapshot2023

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.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$564K

$25650 / participant

Other / not subdivided$564K100.0%

% of EOY assets

9.351%

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

$241,384

$154,159+56.6%

$130,026+85.6%

$139,456+73.1%

Participation rate

100.0%

82.0%+18.0pp

78.5%+21.5pp

80.3%+19.7pp

Annual return

-11.85%

32.50%-44.4pp

-137.26%+125.4pp

373.45%-385.3pp

Employer contribution / active EE

$26,390

$5,292+398.7%

$4,321+510.7%

$4,753+455.3%

Participant deferral / active EE

$6,710-100.0%

$5,821-100.0%

$6,711-100.0%

Admin fee / account holder

$22,572

$14,001+61.2%

$10,608+112.8%

$11,407+97.9%

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