Retirement plan

CSW, INC. 401(K) PROFIT SHARING PLAN

Name: CSW, INC. - CSW, INC. 401(K) PROFIT SHARING PLAN (2019) Form 5500
Creator: CSW, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CSW, INC. 401(K) PROFIT SHARING PLAN, CSW, INC.

CSW, INC.EIN 04-2226585Plan #002PY 2019

45 TYBURSKI ROAD - LUDLOW, MA 010561249413-589-1311cswgraphics.comLinkedIn51-200 employeespackaging and containers

Prospect flagsLow returnsHigh fees

How to read this page

Total assets (EOY)

$11M

-1.2% from 2018

Total participants

139

+1.5% from 2018

Average account balance

$91,976

-4.5% from 2018

Annual return

3.68%

-5.04 pp from 2018

Benchmarks

See 4,276 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,276 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.78M

Not enough data

1 years with asset history on file

Average account balance

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

$120K

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.

123

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.

91.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$729K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.85%

Not enough data

1 years with return on file

Admin fee / account holder

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

$869

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES D EPSTEIN Service code 27 DBA EPSTEIN FINANCIAL · HOLYOKE, MA 01040	Advisory (Plan)	$18,750
THE ANGELL PENSION GROUP, INC.4+ years Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Contract Administrator	$13,400
CSW INC4+ years Service code 99 45 TYBURSKI RD · LUDLOW, MA 01056	Other Fees	$11,300
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES EPSTEIN EPSTEIN Service code 27 330 WHITNEY AVE · HOLYOKE, MA 01040	Advisory (Plan)	$6,250
GREAT-WEST LIFE & ANNUITY INSURANCE4+ years Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$1,213

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3D

Plan features

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
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

$52K

$434 / participant

Other / not subdivided$52K100.0%

% of EOY assets

0.472%

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: MORIARTY & PRIMACK, P.C.
Auditor EIN: 043191789
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$91,976

$65,378+40.7%

$87,103+5.6%

$65,186+41.1%

Participation rate

84.2%

75.3%+8.8pp

76.9%+7.3pp

70.2%+14.0pp

Annual return

3.68%

31.28%-27.6pp

28.19%-24.5pp

29.39%-25.7pp

Employer contribution / active EE

$1,137

$1,823-37.6%

$2,521-54.9%

$2,177-47.8%

Participant deferral / active EE

$4,125

$3,389+21.7%

$4,049+1.9%

$3,514+17.4%

Admin fee / account holder

$434

$520-16.4%

$7,491-94.2%

$847-48.7%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES D EPSTEIN

Service code 27

DBA EPSTEIN FINANCIAL · HOLYOKE, MA 01040

Advisory (Plan)

$18,750

THE ANGELL PENSION GROUP, INC.4+ years

Service code 13

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Contract Administrator

$13,400

CSW INC4+ years

Service code 99

45 TYBURSKI RD · LUDLOW, MA 01056

Other Fees

$11,300

CHARLES SCHWAB & CO., INC.2 years

Filed as: CHARLES EPSTEIN EPSTEIN

Service code 27

330 WHITNEY AVE · HOLYOKE, MA 01040

Advisory (Plan)

$6,250

GREAT-WEST LIFE & ANNUITY INSURANCE4+ years

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$1,213

CSW, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CSW, INC. 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