Plan Snapshot
- Plan Sponsor: Custom Aluminum Products, INC.
- Sponsor EIN: 362581274
- Sponsor Address: 414 DIVISION STREET, SOUTH ELGIN, IL, 60177
- Plan Type: 401(k)
- Total Participants: 373
- Total Assets: $14.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 373 | $14.1M | $438,222 | $790,604 |
| 2023 | 355 | $13.5M | $398,264 | $700,029 |
| 2022 | 371 | $11.9M | $374,583 | $671,325 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SAVANT WEALTH MANAGEMENT | RIA | $37,548 | — | $37,548 |
| JULY BUSINESS SERVICES | RECORDKEEPING | $19,058 | — | $19,058 |
| FRANKEL, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAVANT WEALTH MANAGEMENT — RIA
- JULY BUSINESS SERVICES — RECORDKEEPING
- FRANKEL, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $56,606
- Estimated Expense Ratio: 0.403% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $62,381 | $10,028 | $37,554 | — | — |
| 2023 | $58,583 | $34,445 | — | — | — |
| 2022 | $53,599 | $36,222 | $17,377 | — | — |