Retirement plan

CONSOLIDATED STORAGE COMPANIES, INC. 401(K) PLAN

Name: CONSOLIDATED STORAGE COMPANIES, INC - CONSOLIDATED STORAGE COMPANIES, INC. 401(K) PLAN (2021) Form 5500
Creator: CONSOLIDATED STORAGE COMPANIES, INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CONSOLIDATED STORAGE COMPANIES, INC. 401(K) PLAN, CONSOLIDATED STORAGE COMPANIES, INC

CONSOLIDATED STORAGE COMPANIES, INCEIN 25-1837347Plan #006PY 2021

225 MAIN STREET - TATAMY, PA 18085610-330-6535consolidatedstoragecompanies.comLinkedIn11-50 employeesbusiness supplies and equipment

Prospect flagsLow participationLow employer contributionLow participant contribution

How to read this page

Total assets (EOY)

$3.2M

+1.9% from 2020

Total participants

166

+25.8% from 2020

Average account balance

$43,277

-24.6% from 2020

Annual return

13.28%

-3.40 pp from 2020

Benchmarks

See 4,054 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,054 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$3.33M

Not enough data

1 years with asset history on file

Average account balance

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

$48K

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.

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.

47.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$185K

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

+14.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$3405

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 1 by compensation

Provider	Service type	Compensation
BENEFIT CONSULTANTS GROUP1 year Service code 13 · EIN 23-2383285	Contract Administrator	$14,462

Plan features & details

Pension benefit codes2E2J2K2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
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

3 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.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$14K

$92 / participant

Contract admin$14K100.0%

% of EOY assets

0.458%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$43,277

$84,936-49.0%

$111,303-61.1%

$79,393-45.5%

Participation rate

41.1%

75.9%-34.7pp

77.3%-36.2pp

70.7%-29.6pp

Annual return

13.28%

17.45%-4.2pp

54.66%-41.4pp

116.87%-103.6pp

Employer contribution / active EE

$222

$1,979-88.8%

$2,731-91.9%

$2,428-90.9%

Participant deferral / active EE

$808

$3,888-79.2%

$4,487-82.0%

$4,046-80.0%

Admin fee / account holder

$198

$537-63.1%

$7,966-97.5%

$627-68.4%

Provider

Service type

Compensation

BENEFIT CONSULTANTS GROUP1 year

Service code 13 · EIN 23-2383285

Contract Administrator

$14,462

CONSOLIDATED STORAGE COMPANIES, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CONSOLIDATED STORAGE COMPANIES, 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