Plan Snapshot
- Plan Sponsor: Custom Wood Products, INC.
- Sponsor EIN: 480917576
- Sponsor Address: 415 E. BERTRAND, ST. MARYS, KS, 66536
- Plan Type: 401(k)
- Total Participants: 275
- Total Assets: $17.0M
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 | 275 | $17.0M | $396,772 | $1.1M |
| 2023 | 275 | $15.5M | $400,800 | $1.1M |
| 2022 | 150 | $11.5M | $230,858 | $576,838 |
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 |
|---|---|---|---|---|
| VARNEY & ASSOCIATES CPA LLC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $79,285 | $48,207 | $3,760 | — | — |
| 2023 | $66,371 | $39,792 | $4,030 | — | — |
| 2022 | $37,023 | — | $37,023 | — | — |