Retirement plan

CUSTOMIZED DISTRIBUTION SERVICES, INC. 401(K) PLAN

Name: CUSTOMIZED DISTRIBUTION SERVICES, INC. - CUSTOMIZED DISTRIBUTION SERVICES, INC. 401(K) PLAN (2017) Form 5500
Creator: CUSTOMIZED DISTRIBUTION SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUSTOMIZED DISTRIBUTION SERVICES, INC. 401(K) PLAN, CUSTOMIZED DISTRIBUTION SERVICES, INC.

CUSTOMIZED DISTRIBUTION SERVICES, INC.EIN 23-2833686Plan #001PY 2017

20 HARRY SHUPE BLVD. - WHARTON, NJ 07885973-366-5090cdslogistics.comLinkedIn501-1000 employeeswarehousing

Prospect flagsLow participationLow participant contribution

How to read this page

Total assets (EOY)

$6.6M

+14.7% from 2016

Total participants

500

+8.5% from 2016

Average account balance

$30,790

+15.2% from 2016

Annual return

17.55%

+9.79 pp from 2016

Benchmarks

See 81 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort81 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.57M

Not enough data

1 years with asset history on file

Average account balance

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

$39K

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.

245

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.

10.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$843K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$802

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

+13.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$194

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 2 by compensation

Provider	Service type	Compensation
PNC BANK, N.A.3+ years Filed as: PNC BANK Service code 25 · EIN 22-1146430	Directed Trustee	$15,250
PNC BANK, N.A.3+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D

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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$15K

$40 / participant

Other / not subdivided$15K100.0%

% of EOY assets

0.230%

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: MSPC CERTIFIED PUBLIC ACCOUNTANTS
Auditor EIN: 222951202
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$30,790

$35,955-14.4%

$78,210-60.6%

$69,631-55.8%

Participation rate

26.2%

67.2%-41.0pp

68.7%-42.6pp

70.7%-44.5pp

Annual return

17.55%

16.42%+1.1pp

40.90%-23.4pp

27571.02%-27553.5pp

Employer contribution / active EE

$1,244-100.0%

$2,034-100.0%

$2,032-100.0%

Participant deferral / active EE

$674

$2,107-68.0%

$2,823-76.1%

$3,224-79.1%

Admin fee / account holder

$71

$86-17.5%

$3,758-98.1%

$110-35.8%

Provider

Service type

Compensation

PNC BANK, N.A.3+ years

Filed as: PNC BANK

Service code 25 · EIN 22-1146430

Directed Trustee

$15,250

PNC BANK, N.A.3+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 52

Indirect Investment Fees

CUSTOMIZED DISTRIBUTION SERVICES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUSTOMIZED DISTRIBUTION SERVICES, INC. 401(K) 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