Retirement plan

CENTRAL STATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Name: CENTRAL STATES, INC. - CENTRAL STATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (2023) Form 5500
Creator: CENTRAL STATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL STATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN, CENTRAL STATES, INC.

CENTRAL STATES, INC.EIN 38-4304274Plan #002PY 2023

171 NAPLES ST - TONTITOWN, AR 72762417-438-2923centralstatesco.comLinkedIn1001-5000 employeesmechanical or industrial engineering

Other plans on this EIN

1 filing

#001Retirement-$43.2M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$495.6M

No prior year

Total participants

1,625

No prior year

Average account balance

$305,760

No prior year

Annual return

53.11%

No prior year

Benchmarks

See 809 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort809 peers

Snapshot2023

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

Analytics

Less than 3 years of history available for this plan

We'll show a chart here once at least 3 consecutive filings are on record.

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 codes2E2I2P2Q3I

Plan features

2E
Profit-sharing
Profit-sharing plan.
2I
Stock bonus
Stock bonus plan.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2Q
ESOP maintained by an S corporation
The employer maintaining this ESOP is an S corporation.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HOGAN TAYLOR, LLP
Auditor EIN: 731413977
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$305,760

$104,544+192.5%

$96,544+216.7%

$80,169+281.4%

Participation rate

99.7%

86.4%+13.4pp

76.0%+23.7pp

72.9%+26.8pp

Annual return

53.11%

21.79%+31.3pp

25.88%+27.2pp

40.39%+12.7pp

Employer contribution / active EE

$5,658

$3,527+60.4%

$2,966+90.7%

$2,978+90.0%

Participant deferral / active EE

$6,170-100.0%

$4,851-100.0%

$5,016-100.0%

Admin fee / account holder

$107-100.0%

$8,254-100.0%

$145-100.0%

CENTRAL STATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

CENTRAL STATES, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion