Retirement plan

THE CSI COMPANIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST

Name: THE CSI COMPANIES, INC. - THE CSI COMPANIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST (2024) Form 5500
Creator: THE CSI COMPANIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE CSI COMPANIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST, THE CSI COMPANIES, INC.

THE CSI COMPANIES, INC.EIN 59-3270426Plan #001PY 2024

7720 BAYMEADOWS RD. E. - JACKSONVILLE, FL 32256904-338-9515csicompanies.comLinkedIn51-200 employeesstaffing and recruiting

Prospect flagsLow assets / participant

Top hat statement on fileNQDC

Filed October 19, 2022

Plan administrator

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7720 BAYMEADOWS RD E

JACKSONVILLE, FL 32256

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Plans declared (1)

The CSI Companies, Inc. Deferred Compensation Plan11 emp

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Total assets (EOY)

$24.6M

+17.9% from 2023

Total participants

4,088

+29.4% from 2023

Average account balance

$6,906

-40.5% from 2023

Annual return

15.82%

-3.98 pp from 2023

Benchmarks

See 387 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort387 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$24.62M

Not enough data

1 years with asset history on file

Average account balance

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

$7K

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.

3,565

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.

73.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.85M

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

+15.82%

Not enough data

1 years with return on file

Admin fee / account holder

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

$61

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

Top 4 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3 years Service code 13 · EIN 42-0127290	Contract Administrator	$134,575
PENSION ASSURANCE LLP1 year Filed as: PENSION SOLUTIONS, INC Service code 13 · EIN 73-1521434	Contract Administrator	$83,637
MAI CAPITAL MANAGEMENT, LLC2 years Service code 27 · EIN 61-1495162	Advisory (Plan)	$52,612
PENSION ASSURANCE LLP1 year Filed as: PENSION SOLUTIONS, INC. Service code 13	Contract Administrator	$8,231

Plan features & details

Pension benefit codes2E2F2G2J2K2T

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.

Opportunity flags

1 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$218K

$111 / participant

Contract admin$218K100.0%

% of EOY assets

0.886%

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: ENNIS, PELLUM, & ASSOCIATES, PA
Auditor EIN: 591843700
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$6,906

$44,898-84.6%

$85,187-91.9%

$199,960-96.5%

Participation rate

73.3%

45.7%+27.6pp

67.5%+5.8pp

72.0%+1.3pp

Annual return

15.82%

20.98%-5.2pp

66.67%-50.8pp

34.28%-18.5pp

Employer contribution / active EE

$327

$1,367-76.1%

$2,732-88.0%

$3,036-89.2%

Participant deferral / active EE

$2,659

$2,670-0.4%

$4,525-41.2%

$5,087-47.7%

Admin fee / account holder

$61

$585-89.5%

$6,162-99.0%

$269-77.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3 years

Service code 13 · EIN 42-0127290

Contract Administrator

$134,575

PENSION ASSURANCE LLP1 year

Filed as: PENSION SOLUTIONS, INC

Service code 13 · EIN 73-1521434

Contract Administrator

$83,637

MAI CAPITAL MANAGEMENT, LLC2 years

Service code 27 · EIN 61-1495162

Advisory (Plan)

$52,612

PENSION ASSURANCE LLP1 year

Filed as: PENSION SOLUTIONS, INC.

Service code 13

Contract Administrator

$8,231

THE CSI COMPANIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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 CSI COMPANIES, INC. 401(K) PROFIT SHARING PLAN AND TRUST

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