Retirement plan

CPC LOGISTICS INC. EMPLOYEES 401(K) RETIREMENT PLAN

Name: CPC LOGISTICS INC. - CPC LOGISTICS INC. EMPLOYEES 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: CPC LOGISTICS INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CPC LOGISTICS INC. EMPLOYEES 401(K) RETIREMENT PLAN, CPC LOGISTICS INC.

CPC LOGISTICS INC.EIN 43-1412670Plan #001PY 2017

14528 SOUTH OUTER 40, SUITE 210 - CHESTERFIELD, MO 63017314-542-2266cpclogistics.comLinkedIn1001-5000 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#006Retirement-$5.2M assets

Prospect flagsLow participation

Top hat statement on fileNQDC

Filed February 25, 2020 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

4141 Parklake Avenue

Raleigh, NC 27612

Email— Sign in and upgrade to view Phone— Sign in and upgrade to view

Plans declared (1)

CPC Logistics Inc. Nonqualified Deferred Compensation Plan20 emp

Open the filing PDF

How to read this page

Total assets (EOY)

$60.3M

+12.5% from 2016

Total participants

3,400

-3.8% from 2016

Average account balance

$26,341

+15.1% from 2016

Annual return

15.28%

+8.47 pp from 2016

Benchmarks

See 238 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort238 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$82.75M

Not enough data

1 years with asset history on file

Average account balance

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

$32K

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.

2,578

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.

54.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+11.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$55

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 6 by compensation

Provider	Service type	Compensation
MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO Service code 52 · EIN 04-1590850	Indirect Investment Fees	$143,095
QUALIFIED PLANS, LLC3+ years Service code 13 · EIN 58-2605083	Contract Administrator	$55,591
AMERICAN CENTURY1 year Service code 52 · EIN 44-6006315	Indirect Investment Fees	$0
BRADY MARTZ & ASSOCIATES3+ years Filed as: BRADY T WESTPHAL Service code 53 14567 N OUTER FORTY DR, STE 300 · CHESTERFIELD, MO 63017	Insurance Commissions	$0
GOLDMAN SACHS1 year Service code 52 · EIN 13-5108880	Indirect Investment Fees	$0
INVESCO1 year Service code 52 · EIN 95-2513084	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3D3H

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.
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.
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

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$153K

$49 / participant

Investment mgmt$121K78.7%
Contract admin$33K21.3%

% of EOY assets

0.254%

all-in expense ratio

Categories reported

2 / 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: UHY, LLP
Auditor EIN: 200694403
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,341

$65,292-59.7%

$71,671-63.2%

$77,958-66.2%

Participation rate

64.5%

67.4%-2.9pp

68.7%-4.3pp

71.6%-7.2pp

Annual return

15.28%

21.25%-6.0pp

20.65%-5.4pp

20.87%-5.6pp

Employer contribution / active EE

$873

$2,085-58.1%

$2,460-64.5%

$2,310-62.2%

Participant deferral / active EE

$1,073

$3,008-64.3%

$3,438-68.8%

$3,537-69.7%

Admin fee / account holder

$67

$84-20.7%

$5,558-98.8%

$97-31.2%

Provider

Service type

Compensation

MASSACHUSETTS MUTUAL LIFE INS. CO.3+ years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$143,095

QUALIFIED PLANS, LLC3+ years

Service code 13 · EIN 58-2605083

Contract Administrator

$55,591

AMERICAN CENTURY1 year

Service code 52 · EIN 44-6006315

Indirect Investment Fees

BRADY MARTZ & ASSOCIATES3+ years

Filed as: BRADY T WESTPHAL

Service code 53

14567 N OUTER FORTY DR, STE 300 · CHESTERFIELD, MO 63017

Insurance Commissions

GOLDMAN SACHS1 year

Service code 52 · EIN 13-5108880

Indirect Investment Fees

INVESCO1 year

Service code 52 · EIN 95-2513084

Indirect Investment Fees

CPC LOGISTICS INC. EMPLOYEES 401(K) RETIREMENT 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

CPC LOGISTICS INC. EMPLOYEES 401(K) RETIREMENT 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