Retirement plan

THE CSM GROUP, INC. SAVINGS PLAN

Name: THE CSM GROUP, INC. - THE CSM GROUP, INC. SAVINGS PLAN (2024) Form 5500
Creator: THE CSM GROUP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CSM GROUP, INC. SAVINGS PLAN, THE CSM GROUP, INC.

THE CSM GROUP, INC.EIN 38-2472025Plan #001PY 2024

600 E MICHIGAN, SUITE A - KALAMAZOO, MI 49007269-746-5600csmgroup.comLinkedIn51-200 employeesconstruction

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed August 4, 2021 (most recent of 2 filings on file)

Plan administrator

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600 E. Michigan, Suite A

Kalamazoo, MI 49007

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Plans declared (1)

The CSM Group, Inc. Stock Incentive Plan1 emp

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Total assets (EOY)

$21.7M

+12.6% from 2023

Total participants

240

-4.8% from 2023

Average account balance

$95,213

+21.5% from 2023

Annual return

16.47%

-4.14 pp from 2023

Benchmarks

See 3,446 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants100-249

Cohort3,446 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.71M

Not enough data

1 years with asset history on file

Average account balance

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

$95K

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.

228

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.

92.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+16.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$276

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

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Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2G2J3D2T

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$63K

$389 / participant

Recordkeeping$63K100.0%

% of EOY assets

0.290%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PLANTE MORAN
Auditor EIN: 331498605
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$95,213

$80,748+17.9%

$102,383-7.0%

$74,429+27.9%

Participation rate

92.6%

65.7%+26.9pp

74.5%+18.1pp

67.2%+25.4pp

Annual return

16.47%

27.57%-11.1pp

24.94%-8.5pp

1368.38%-1351.9pp

Employer contribution / active EE

$2,967

$3,159-6.1%

$3,870-23.3%

$2,625+13.0%

Participant deferral / active EE

$9,921

$3,861+156.9%

$5,060+96.1%

$4,348+128.1%

Admin fee / account holder

$276

$2,371-88.4%

$8,391-96.7%

$1,944-85.8%

THE CSM GROUP, INC. SAVINGS 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

THE CSM GROUP, INC. SAVINGS 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