Retirement plan

KTA SUPER STORES 401(K) PROFIT SHARING PLAN

Name: PUNA PLANTATION HAWAII, LTD. - KTA SUPER STORES 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: PUNA PLANTATION HAWAII, LTD.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, KTA SUPER STORES 401(K) PROFIT SHARING PLAN, PUNA PLANTATION HAWAII, LTD.

PUNA PLANTATION HAWAII, LTD.EIN 99-0064910Plan #003PY 2022

50 E. PUAINAKO STREET - HILO, HI 967205243808-959-4575LinkedIn1001-5000 employeesfood & beverages

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$30.1M

-20.8% from 2021

Total participants

813

-7.9% from 2021

Average account balance

$38,991

-35.9% from 2021

Annual return

-16.04%

-29.38 pp from 2021

Benchmarks

See 1,277 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,277 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$35.43M

Not enough data

1 years with asset history on file

Average account balance

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

$49K

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.

717

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.

82.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$730K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+11.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$219

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

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 codes2E2G2J

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.

Opportunity flags

2 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$167K

$326 / participant

Contract admin$167K100.0%

% of EOY assets

0.555%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CW ASSOCIATES, CPAS
Auditor EIN: 261659234
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,991

$42,367-8.0%

$79,580-51.0%

$64,819-39.8%

Participation rate

92.0%

64.7%+27.3pp

69.5%+22.5pp

71.5%+20.5pp

Annual return

-16.04%

-12.23%-3.8pp

0.15%-16.2pp

32.84%-48.9pp

Employer contribution / active EE

$576

$1,181-51.2%

$2,413-76.1%

$2,507-77.0%

Participant deferral / active EE

$1,330

$3,170-58.1%

$3,985-66.6%

$4,311-69.2%

Admin fee / account holder

$217

$160+35.7%

$6,835-96.8%

$188+15.3%

KTA SUPER STORES 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KTA SUPER STORES 401(K) 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