Retirement plan

CUSTOM WHOLESALE SUPPLY CO., INC. EMPLOYEE PROFIT SHARING PLAN

Name: CUSTOM WHOLESALE SUPPLY CO., INC. - CUSTOM WHOLESALE SUPPLY CO., INC. EMPLOYEE PROFIT SHARING PLAN (2018) Form 5500
Creator: CUSTOM WHOLESALE SUPPLY CO., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CUSTOM WHOLESALE SUPPLY CO., INC. EMPLOYEE PROFIT SHARING PLAN, CUSTOM WHOLESALE SUPPLY CO., INC.

CUSTOM WHOLESALE SUPPLY CO., INC.EIN 75-1680827Plan #001PY 2018

2324 KERMIT HIGHWAY - ODESSA, TX 79761432-332-8972LinkedIn1-10 employeeswholesale

Prospect flagsHigh feesLow participant contributionLow fidelity bond

How to read this page

Total assets (EOY)

$3.9M

+5.2% from 2017

Total participants

-2.9% from 2017

Average account balance

$135,242

+16.1% from 2017

Annual return

-5.84%

-12.05 pp from 2017

Benchmarks

See 9,277 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants25-99

Cohort9,277 peers

Snapshot2018

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

Analytics

Total assets (EOY)

Plan-year ending balance

$7.36M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

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.

97.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$460K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+10.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4321

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

0 years with F_SCH_H allocation on file

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

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 codes2E2F2G2T3D

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.
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

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Expense breakdown

Schedule H Part II

Admin total

$319K

$10641 / participant

Other / not subdivided$319K100.0%

% of EOY assets

8.140%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$135,242

$72,404+86.8%

$110,243+22.7%

$64,173+110.7%

Participation rate

86.7%

73.3%+13.3pp

79.8%+6.8pp

69.6%+17.1pp

Annual return

-5.84%

-6.29%+0.4pp

314.76%-320.6pp

7.63%-13.5pp

Employer contribution / active EE

$10,349

$2,282+353.6%

$3,827+170.5%

$2,381+334.7%

Participant deferral / active EE

$3,469-100.0%

$4,672-100.0%

$3,470-100.0%

Admin fee / account holder

$11,008

$5,664+94.3%

$8,548+28.8%

$4,887+125.2%

CUSTOM WHOLESALE SUPPLY CO., INC. EMPLOYEE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CUSTOM WHOLESALE SUPPLY CO., INC. EMPLOYEE PROFIT SHARING PLAN

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