Custom Goods, LLC 401(k) Review & Grade
Custom Goods, LLC Consolidated 401(k) Plan
Carson, CATransportation & Warehousing534 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,075Employer $ per active participant
$2,223Employee $ saved per active participant
0.85%Direct admin cost, % of plan assets
$11.6MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity25.1 / 5050th percentile for employer $ per participant
- Low cost2.2 / 259th percentile for low admin cost vs. same-size plans
- Employee saving5.1 / 1534th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score35 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 50th |
| Lower admin cost | 9th |
| Employee saving | 34th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Custom Goods put in about $1,075 per active participant, more than the typical peer ($1,070). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.85% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $574,398 |
| Participant (employee) contributions | $1,188,211 |
| Other contributions (incl. rollovers in) | $182,814 |
| Administrative expenses paid from the plan | $91,188 |
| Investment advisory & management fees | $50,289 |
| Benefits paid out | $1,247,880 |
| Net assets, start / end of year | $9.7M / $11.6M |
| Active participants, start / end of year | 461 / 608 |
| Participants with account balances | 250 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | LSL, LLP |
Largest service providers (Schedule C)
| Oppenheimer & Co Inc | $50,289 reported compensation |
| Fidelity Investments Institutional | $40,899 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015161357NAL0010242786001, received 2025-10-15, EIN 95-4797546, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.