Retirement plan

CENTRAL POWER SYSTEMS & SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Name: CENTRAL POWER SYSTEMS & SERVICES, INC. - CENTRAL POWER SYSTEMS & SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST (2017) Form 5500
Creator: CENTRAL POWER SYSTEMS & SERVICES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL POWER SYSTEMS & SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST, CENTRAL POWER SYSTEMS & SERVICES, INC.

CENTRAL POWER SYSTEMS & SERVICES, INC.EIN 48-0583593Plan #001PY 2017

9200 LIBERTY DRIVE - LIBERTY, MO 64068816-781-8070cpower.comLinkedIn201-500 employeesmachinery

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$11.8M

+10.0% from 2016

Total participants

426

+2.7% from 2016

Average account balance

$29,560

+5.9% from 2016

Annual return

17.85%

+8.78 pp from 2016

Benchmarks

See 808 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants250-999

Cohort808 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$21.41M

Not enough data

1 years with asset history on file

Average account balance

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

$40K

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.

535

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.

89.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+16.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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 4 by compensation

Provider	Service type	Compensation
ALLEN, GIBBS & HOULIK, L.C.1 year Filed as: ALLEN, GIBBS AND HOULIK, LLC Service code 10 · EIN 48-1032601	Accounting	$9,574
THE SLOAN AGENCY3+ years Service code 19 · EIN 43-1480510	Securities Custodian	$5,980
AMERICAN FUNDS3+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 25 · EIN 95-1411037	Directed Trustee	$5,296
MORGAN STANLEY SMITH BARNEY3+ years Service code 49 · EIN 26-4310632	Other Services	$14

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3B3D

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$21K

$62 / participant

Contract admin$21K100.0%

% of EOY assets

0.176%

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: ALLEN, GIBBS AND HOULIK, LC
Auditor EIN: 481032601
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$29,560

$46,100-35.9%

$86,582-65.9%

$69,631-57.5%

Participation rate

92.3%

67.2%+25.1pp

73.5%+18.7pp

70.7%+21.6pp

Annual return

17.85%

21.02%-3.2pp

965.08%-947.2pp

27571.02%-27553.2pp

Employer contribution / active EE

$560

$1,850-69.7%

$2,839-80.3%

$2,032-72.4%

Participant deferral / active EE

$2,185

$2,432-10.1%

$3,609-39.5%

$3,224-32.2%

Admin fee / account holder

$52

$94-44.4%

$4,904-98.9%

$110-52.8%

Provider

Service type

Compensation

ALLEN, GIBBS & HOULIK, L.C.1 year

Filed as: ALLEN, GIBBS AND HOULIK, LLC

Service code 10 · EIN 48-1032601

Accounting

$9,574

THE SLOAN AGENCY3+ years

Service code 19 · EIN 43-1480510

Securities Custodian

$5,980

AMERICAN FUNDS3+ years

Filed as: CAPITAL RESEARCH & MANAGEMENT CO.

Service code 25 · EIN 95-1411037

Directed Trustee

$5,296

MORGAN STANLEY SMITH BARNEY3+ years

Service code 49 · EIN 26-4310632

Other Services

$14

CENTRAL POWER SYSTEMS & SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL POWER SYSTEMS & SERVICES, INC. 401(K) PROFIT SHARING PLAN & TRUST

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