Plan Ledger DOL Form 5500 · updated monthly

The Custom Companies, Inc.401(k)

THE CUSTOM COMPANIES RETIREMENT SAVINGS PLAN · NORTHLAKE, IL · plan year 2024

Reported admin expense ratio · 2024
0.40%

Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works

The Custom Companies, Inc. reported $61,688 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $500 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.43% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is among the smaller plans on file in Illinois (1,910th of 3,702), and the 858th of 2,677 in transportation & warehousing. In 2024, employees put in $4.14 for every $1.00 the employer contributed; active participation has grown from 152 to 380 since 2021.

Plan summary
Net assets, end of year$16,303,163
Participants with balances195
Active participants380
Employer contributions$190,005
Employee contributions$786,626
Employer contribution per active participant$500
Average account balance$83,606
Benefits paid to participants$1,003,082
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$16.3M · 195 accts · $190K emplr
2023$14.4M · 197 accts · $216K emplr
2022$12.7M · 206 accts · $195K emplr
2021$14.5M · 200 accts · $207K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$61,688
Total administrative$61,688
The The Custom Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$500
Median for plans this size$2,416
2024$500 per active participant
2023$584 per active participant
2022$648 per active participant
2021$1,365 per active participant

The Custom Companies, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
LPL FINANCIAL, LLC · Investment advisory (plan)$44,051
RETIREMENT SOLUTION GROUP, LLC · Contract administrator$9,945

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2024$61,688 · 0.40%
2023$53,397 · 0.40%
2022$53,675 · 0.39%
2021$62,797 · 0.43%
Similar plansTransportation & Warehousing · Illinois
Interlake Mecalux Inc IL$17.9M · 0.39%
Footprint Acquisition LLC IL$17.0M · 0.01%
Rjw Logistics Group, Inc. IL$16.6M · 1.46%
National van Lines Inc. IL$16.3M · 0.00%
Gebruder Weiss, Inc IL$15.8M · 0.40%
Rim Logistics, LTD IL$15.1M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363420142 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.