Retirement plan

CUSTOM AGRI SYSTEMS, INC. 401(K) PLAN

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

CUSTOM AGRI SYSTEMS, INC.EIN 34-1387174Plan #001PY 2017

255 COUNTY ROAD R - NAPOLEON, OH 43545419-599-5180casindustries.comLinkedIn11-50 employeesfarming

Prospect flagsLow assets / participant

Top hat statement on fileNQDC

Filed October 31, 2022

Plan administrator

Plan administrator name— Sign in and upgrade to view

255 County Road R

Napoleon, OH 43545

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

Nonqualified Deferred Compensation Plan15 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$4.9M

+30.0% from 2016

Total participants

246

+12.8% from 2016

Average account balance

$24,820

+10.3% from 2016

Annual return

16.76%

-2.89 pp from 2016

Benchmarks

See 4,147 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,147 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$11.84M

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.

240

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.

86.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.56M

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

+12.32%

Not enough data

1 years with return on file

Admin fee / account holder

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

$223

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 1 by compensation

Provider	Service type	Compensation
NATIONWIDE3+ years Service code 28 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215	Investment Management	$3,401

Plan features & details

Pension benefit codes2E2F2G2J2T3D

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.
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

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$12K

$61 / participant

Other / not subdivided$12K100.0%

% of EOY assets

0.242%

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: GILMORE JASION MAHLER, LTD
Auditor EIN: 341827159
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,820

$64,909-61.8%

$82,312-69.8%

$62,293-60.2%

Participation rate

75.3%

74.9%+0.4pp

76.9%-1.6pp

69.5%+5.7pp

Annual return

16.76%

21.18%-4.4pp

25.88%-9.1pp

28.90%-12.1pp

Employer contribution / active EE

$1,531

$1,676-8.6%

$2,428-36.9%

$2,042-25.0%

Participant deferral / active EE

$2,597

$3,103-16.3%

$3,706-29.9%

$3,169-18.0%

Admin fee / account holder

$60

$440-86.4%

$5,608-98.9%

$479-87.5%

Provider

Service type

Compensation

NATIONWIDE3+ years

Service code 28 · EIN 31-1592130

ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215

Investment Management

$3,401

CUSTOM AGRI SYSTEMS, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUSTOM AGRI SYSTEMS, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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