K2 Industrial Services, Inc.

56
Form 5500 Data

Overview

Plan Rating

BrightScope Rating
56
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (45)
Average in Peer Group (74)
Highest in Peer Group (87)

Plan Description

K2 Industrial Services 401k Retirement Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 56. This plan is in the top 35% of plans for Account Balances, Salary Deferral, and Total Plan Cost. K2 Industrial Services 401k Retirement Plan currently has over 900 active participants and over $18.3M in plan assets.

Did you know?

For the average 401k participant, the 31 point difference between this plan's BrightScope Rating (56) and the top rated plan (87) could equate to:
16
Additional years of work
174,798
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 3838 North Sam Houston Parkway East Suite 285
  • Location
    Houston , TX
  • 77032
  • Industry
    Construction
  • Administrator
    Peter Scurtu
  • Net Plan Assets
    $18,300,000
  • Total Participants
    930
  • Avg Account Balance
    $62,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Above Average

Design

Total Plan Cost:
Low Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Poor
Salary Deferrals:
Above Average
Account Balance:
Average
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

25

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 45%
N/A
T. Rowe Price Large Cap Growth 10%
N/A
Minnesota Life General Account 9%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Minnesota Life
Administration
Minnesota Life
Recordkeeper
Minnesota Life
Auditor
Grant Thornton, LLP

Articles and Questions

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