Retirement plan

COMPASS SUPPLY CHAIN SOLUTIONS LLC 401(K) PROFIT SHARING PLAN

Name: COMPASS SUPPLY CHAIN SOLUTIONS LLC - COMPASS SUPPLY CHAIN SOLUTIONS LLC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: COMPASS SUPPLY CHAIN SOLUTIONS LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMPASS SUPPLY CHAIN SOLUTIONS LLC 401(K) PROFIT SHARING PLAN, COMPASS SUPPLY CHAIN SOLUTIONS LLC

COMPASS SUPPLY CHAIN SOLUTIONS LLCEIN 82-2431948Plan #001PY 2024

1033 COURTLAND AVE - PARK RIDGE, IL 60068614-332-3967

Other plans on this EIN

1 filing

#002Retirement-$1.5M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+56.2% from 2023

Total participants

+22.2% from 2023

Average account balance

$56,390

+27.8% from 2023

Annual return

15.02%

-29.60 pp from 2023

Benchmarks

See 4,600 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort4,600 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.86M

Not enough data

1 years with asset history on file

Average account balance

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

$56K

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.

126.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$519K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+15.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1072

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 codes2E2F2G2J2T3B3D

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$35K

$1361 / participant

Other / not subdivided$35K100.0%

% of EOY assets

1.901%

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

$56,390

$56,060+0.6%

$76,002-25.8%

$80,874-30.3%

Participation rate

100.0%

62.0%+38.0pp

69.1%+30.9pp

67.6%+32.4pp

Annual return

15.02%

20.54%-5.5pp

360.07%-345.0pp

35.62%-20.6pp

Employer contribution / active EE

$10,211

$1,873+445.0%

$2,688+279.8%

$2,756+270.5%

Participant deferral / active EE

$9,760

$3,051+219.9%

$4,257+129.3%

$4,297+127.1%

Admin fee / account holder

$1,072

$5,237-79.5%

$6,414-83.3%

$6,935-84.5%

COMPASS SUPPLY CHAIN SOLUTIONS LLC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMPASS SUPPLY CHAIN SOLUTIONS LLC 401(K) 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