Retirement plan

CST INDUSTRIES, INC. ENGINEERED STORAGE PRODUCTS UNION 401(K) PLAN AND TRUST

Name: CST INDUSTRIES, INC. - CST INDUSTRIES, INC. ENGINEERED STORAGE PRODUCTS UNION 401(K) PLAN AND TRUST (2019) Form 5500
Creator: CST INDUSTRIES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CST INDUSTRIES, INC. ENGINEERED STORAGE PRODUCTS UNION 401(K) PLAN AND TRUST, CST INDUSTRIES, INC.

CST INDUSTRIES, INC.EIN 82-3287886Plan #005PY 2019

903 E 104TH STREET, SUITE 900 - KANSAS, MO 64131913-621-3700cstindustries.comLinkedIn501-1000 employeesmachinery

Other plans on this EIN

1 filing

#001Retirement-$47.4M assets

Prospect flagsLow returnsHigh feesRecently reached 100 employeesLow fidelity bond

How to read this page

Total assets (EOY)

$4.4M

+5.1% from 2018

Total participants

108

+9.1% from 2018

Average account balance

$40,454

-3.7% from 2018

Annual return

14.13%

+16.73 pp from 2018

Benchmarks

See 14,956 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants25-99

Cohort14,956 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.64M

Not enough data

1 years with asset history on file

Average account balance

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

$52K

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.

102.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$239K

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

+10.37%

Not enough data

1 years with return on file

Admin fee / account holder

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

$17119

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 codes2E2F2J3D2G2T

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.
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

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.

Expense breakdown

Schedule H Part II

Admin total

$568K

$9018 / participant

Other / not subdivided$568K100.0%

% of EOY assets

13.004%

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

$40,454

$72,486-44.2%

$87,103-53.6%

$72,976-44.6%

Participation rate

100.0%

72.8%+27.2pp

76.9%+23.1pp

69.5%+30.5pp

Annual return

14.13%

24.46%-10.3pp

28.19%-14.1pp

81.02%-66.9pp

Employer contribution / active EE

$1,195

$1,894-36.9%

$2,521-52.6%

$2,440-51.0%

Participant deferral / active EE

$1,699

$3,270-48.0%

$4,049-58.0%

$3,608-52.9%

Admin fee / account holder

$5,261

$5,055+4.1%

$7,491-29.8%

$5,124+2.7%

CST INDUSTRIES, INC. ENGINEERED STORAGE PRODUCTS UNION 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CST INDUSTRIES, INC. ENGINEERED STORAGE PRODUCTS UNION 401(K) PLAN AND 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