Retirement plan

KTA SUPER STORES 401(K) PROFIT SHARING PLAN PLAN

Name: PUNA PLANTATION HAWAII, LTD. - KTA SUPER STORES 401(K) PROFIT SHARING PLAN PLAN (2023) 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 PLAN, PUNA PLANTATION HAWAII, LTD.

PUNA PLANTATION HAWAII, LTD.EIN 99-0064910Plan #003PY 2023

50 E. PUAINAKO STREET - HILO, HI 96720808-959-4575LinkedIn1001-5000 employeesfood & beverages

Prospect flagsLow participant contributionCorrective distributions

How to read this page

Total assets (EOY)

$32.8M

+8.9% from 2022

Total participants

793

-2.5% from 2022

Average account balance

$45,400

+16.4% from 2022

Annual return

14.87%

+30.91 pp from 2022

Benchmarks

See 1,316 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants250-999

Cohort1,316 peers

Snapshot2023

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

$152K

$301 / participant

Contract admin$152K100.0%

% of EOY assets

0.462%

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

$45,400

$53,165-14.6%

$86,216-47.3%

$74,460-39.0%

Participation rate

85.9%

64.9%+21.1pp

69.0%+17.0pp

70.7%+15.2pp

Annual return

14.87%

22.64%-7.8pp

1169.42%-1154.5pp

34.38%-19.5pp

Employer contribution / active EE

$1,210-100.0%

$2,382-100.0%

$2,638-100.0%

Participant deferral / active EE

$1,379

$3,234-57.4%

$3,986-65.4%

$4,530-69.6%

Admin fee / account holder

$210

$551-61.9%

$6,853-96.9%

$348-39.7%

KTA SUPER STORES 401(K) PROFIT SHARING PLAN PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KTA SUPER STORES 401(K) PROFIT SHARING PLAN 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