Retirement plan

KAYNE ANDERSON CAPITAL ADVISORS 401K PLAN

Name: KAYNE ANDERSON CAPITAL ADVISORS, LP - KAYNE ANDERSON CAPITAL ADVISORS 401K PLAN (2020) Form 5500
Creator: KAYNE ANDERSON CAPITAL ADVISORS, LP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KAYNE ANDERSON CAPITAL ADVISORS 401K PLAN, KAYNE ANDERSON CAPITAL ADVISORS, LP

KAYNE ANDERSON CAPITAL ADVISORS, LPEIN 95-4486379Plan #001PY 2020

1800 AVENUE OF THE STARS, 3RD. FL - LOS ANGELES, CA 900674201310-556-2721

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$100.9M

+15.2% from 2019

Total participants

532

-0.2% from 2019

Average account balance

$189,682

+15.4% from 2019

Annual return

10.82%

-11.14 pp from 2019

Benchmarks

See 1,455 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,455 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$140.69M

Not enough data

1 years with asset history on file

Average account balance

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

$262K

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.

536

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.

98.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$34K

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

+12.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$696

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 1 by compensation

Provider	Service type	Compensation
PROFESSIONAL CAPITAL SERVICES, LLC3 years Filed as: PROFESSIONAL CAPITAL SERVICES LLC Service code 12 · EIN 23-3038464	Consulting (pension); Copying and dup...	$0

Plan features & details

Pension benefit codes2A2E2F2G2J3D

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.
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

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

$223K

$632 / participant

Other / not subdivided$223K100.0%

% of EOY assets

0.221%

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: QUIGLEY & MIRON
Auditor EIN: 954656881
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$189,682

$111,608+70.0%

$177,840+6.7%

$73,412+158.4%

Participation rate

100.0%

87.9%+12.1pp

87.7%+12.3pp

72.2%+27.8pp

Annual return

10.82%

18.23%-7.4pp

48.32%-37.5pp

59.30%-48.5pp

Employer contribution / active EE

$14,681

$3,796+286.7%

$5,919+148.0%

$2,234+557.3%

Participant deferral / active EE

$13,300

$6,199+114.6%

$7,714+72.4%

$3,806+249.5%

Admin fee / account holder

$419

$166+153.2%

$12,431-96.6%

$158+165.5%

Provider

Service type

Compensation

PROFESSIONAL CAPITAL SERVICES, LLC3 years

Filed as: PROFESSIONAL CAPITAL SERVICES LLC

Service code 12 · EIN 23-3038464

Consulting (pension); Copying and dup...

KAYNE ANDERSON CAPITAL ADVISORS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KAYNE ANDERSON CAPITAL ADVISORS 401K 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