Retirement plan

EMPLOYEE PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF FCS INDUSTRIES, INC. AND SUBSIDIARIES

Name: FCS INDUSTRIES, INC. - EMPLOYEE PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF FCS INDUSTRIES, INC. AND SUBSIDIARIES (2024) Form 5500
Creator: FCS INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF FCS INDUSTRIES, INC. AND SUBSIDIARIES, FCS INDUSTRIES, INC.

FCS INDUSTRIES, INC.EIN 36-2700871Plan #001PY 2024

8938 S. RIDGELAND AVENUE - OAK LAWN, IL 60453708-430-6674

Prospect flagsHigh cash

How to read this page

Total assets (EOY)

$37M

+17.6% from 2023

Total participants

313

+2.0% from 2023

Average account balance

$118,131

+15.4% from 2023

Annual return

15.12%

-0.70 pp from 2023

Benchmarks

See 680 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort680 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$36.98M

Not enough data

1 years with asset history on file

Average account balance

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

$118K

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.

313

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.96M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+15.12%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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
WOLFF WIESE MAGANA LLC10+ years Service code 71 · EIN 45-2548834 1925 PALOMAR OAKS WAY STE 200 · CARLSBAD, CA 92008	Brokerage Fees	$24,039
EDWARD JONES10+ years Filed as: EDWARD D. JONES & CO., L.P. Service code 63 · EIN 43-0345811 12555 MANCHESTER ROAD · ST. LOUIS, MO 63131	12b-1 Fees	$23,314

Plan features & details

Pension benefit codes2E2H2J3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.

Expense breakdown

Schedule H Part II

Admin total

$49K

$156 / participant

Other / not subdivided$49K100.0%

% of EOY assets

0.132%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CJG PARTNERS LLP
Auditor EIN: 363383864
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$118,131

$55,441+113.1%

$76,002+55.4%

$77,671+52.1%

Participation rate

100.0%

63.6%+36.4pp

69.1%+30.9pp

70.6%+29.4pp

Annual return

15.12%

17.08%-2.0pp

360.07%-344.9pp

31.21%-16.1pp

Employer contribution / active EE

$4,096

$1,789+128.9%

$2,688+52.4%

$2,726+50.2%

Participant deferral / active EE

$2,153

$3,451-37.6%

$4,257-49.4%

$4,648-53.7%

Admin fee / account holder

$156

$407-61.6%

$6,414-97.6%

$430-63.7%

Provider

Service type

Compensation

WOLFF WIESE MAGANA LLC10+ years

Service code 71 · EIN 45-2548834

1925 PALOMAR OAKS WAY STE 200 · CARLSBAD, CA 92008

Brokerage Fees

$24,039

EDWARD JONES10+ years

Filed as: EDWARD D. JONES & CO., L.P.

Service code 63 · EIN 43-0345811

12555 MANCHESTER ROAD · ST. LOUIS, MO 63131

12b-1 Fees

$23,314

EMPLOYEE PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF FCS INDUSTRIES, INC. AND SUBSIDIARIES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE PROFIT SHARING PLAN AND TRUST FOR EMPLOYEES OF FCS INDUSTRIES, INC. AND SUBSIDIARIES

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