Retirement plan

THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN

Name: THE CUSTOM COMPANIES, INC. - THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: THE CUSTOM COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN, THE CUSTOM COMPANIES, INC.

THE CUSTOM COMPANIES, INC.EIN 36-3420142Plan #001PY 2015

317 WEST LAKE STREET - NORTHLAKE, IL 60164708-338-5219customco.comLinkedIn201-500 employeestransportation/trucking/railroad

Prospect flagsHigh retiree %Low returnsCorrective distributions

How to read this page

Total assets (EOY)

$8.7M

No prior year

Total participants

677

No prior year

Average account balance

No prior year

Annual return

-2.20%

No prior year

Benchmarks

See 599 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort599 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$16.37M

Not enough data

1 years with asset history on file

Average account balance

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

$84K

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.

195

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.

35.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$977K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.68%

Not enough data

1 years with return on file

Admin fee / account holder

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

$316

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 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE1+ years Filed as: GREAT WEST LIFE (EMPOWER) Service code 64 · EIN 84-0467907 8615 EAST ORCHARD ROAD · GRENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$53,994
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL, LLC Service code 27 · EIN 95-2834236 PO BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$31,109
RETIREMENT SOLUTION GROUP1+ years Filed as: RETIREMENT SOLUTION GROUP, LLC Service code 13 · EIN 20-2668095 328 SO. JEFFERSON · CHICAGO, IL 60661	Contract Administrator	$10,536

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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$52K

$127 / participant

Contract admin$52K100.0%

% of EOY assets

0.603%

all-in expense ratio

Categories reported

1 / 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: PLANTE MORAN
Auditor EIN: 313587451
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,458-100.0%

$60,547-100.0%

$55,191-100.0%

Participation rate

0.0%

59.6%-59.6pp

68.0%-68.0pp

69.2%-69.2pp

Annual return

-2.20%

3.35%-5.6pp

335.64%-337.8pp

10.78%-13.0pp

Employer contribution / active EE

$389

$1,210-67.9%

$2,419-83.9%

$1,899-79.5%

Participant deferral / active EE

$1,482

$2,140-30.8%

$3,328-55.5%

$3,046-51.4%

Admin fee / account holder

$95-100.0%

$4,536-100.0%

$91-100.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE1+ years

Filed as: GREAT WEST LIFE (EMPOWER)

Service code 64 · EIN 84-0467907

8615 EAST ORCHARD ROAD · GRENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$53,994

LPL FINANCIAL1+ years

Filed as: LPL FINANCIAL, LLC

Service code 27 · EIN 95-2834236

PO BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$31,109

RETIREMENT SOLUTION GROUP1+ years

Filed as: RETIREMENT SOLUTION GROUP, LLC

Service code 13 · EIN 20-2668095

328 SO. JEFFERSON · CHICAGO, IL 60661

Contract Administrator

$10,536

THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE CUSTOM COMPANIES RETIREMENT SAVINGS 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