Retirement plan

THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN

Name: THE CUSTOM COMPANIES, INC. - THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN (2016) 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 2016

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

Prospect flagsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$9.3M

+7.0% from 2015

Total participants

502

-25.8% from 2015

Average account balance

$39,798

No prior year

Annual return

7.35%

+9.55 pp from 2015

Benchmarks

See 634 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort634 peers

Snapshot2016

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 INSURANCE2+ years Filed as: GREAT WEST LIFE (EMPOWER) Service code 64 · EIN 84-0467907 8615 EAST ORCHARD ROAD · GRENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$52,113
LPL FINANCIAL2+ years Filed as: LPL FINANCIAL, LLC Service code 27 · EIN 95-2834236 PO BOX 509026 · SAN DIEGO, CA 921509026	Advisory (Plan)	$31,691
RETIREMENT SOLUTION GROUP2+ years Filed as: RETIREMENT SOLUTION GROUP, LLC Service code 13 · EIN 20-2668095 328 SO. JEFFERSON · CHICAGO, IL 60661	Contract Administrator	$4,550

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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$50K

$127 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.541%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$39,798

$39,819-0.1%

$67,834-41.3%

$57,658-31.0%

Participation rate

32.5%

61.2%-28.7pp

68.8%-36.3pp

70.2%-37.7pp

Annual return

7.35%

9.19%-1.8pp

138.47%-131.1pp

5.13%+2.2pp

Employer contribution / active EE

$355

$1,277-72.2%

$2,403-85.2%

$1,974-82.0%

Participant deferral / active EE

$1,615

$2,209-26.9%

$3,160-48.9%

$3,061-47.2%

Admin fee / account holder

$215

$84+157.6%

$4,622-95.3%

$95+127.9%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT WEST LIFE (EMPOWER)

Service code 64 · EIN 84-0467907

8615 EAST ORCHARD ROAD · GRENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$52,113

LPL FINANCIAL2+ years

Filed as: LPL FINANCIAL, LLC

Service code 27 · EIN 95-2834236

PO BOX 509026 · SAN DIEGO, CA 921509026

Advisory (Plan)

$31,691

RETIREMENT SOLUTION GROUP2+ years

Filed as: RETIREMENT SOLUTION GROUP, LLC

Service code 13 · EIN 20-2668095

328 SO. JEFFERSON · CHICAGO, IL 60661

Contract Administrator

$4,550

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