Customink, LLC 401(k) Review & Grade
Customink, LLC 401(k) Savings Plan
Tysons, VAManufacturing984 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$891Employer $ per active participant
$4,898Employee $ saved per active participant
0.34%Direct admin cost, % of plan assets
$84.3MNet plan assets, end of year
$56,590Average balance per account
Score breakdown
- Employer generosity7.1 / 5014th percentile for employer $ per participant
- Low cost9.0 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving7.4 / 1549th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 14th |
| Lower admin cost | 36th |
| Employee saving | 49th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
Corrective distributions: the plan refunded $112,069 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Customink put in about $891 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- 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.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $877,239 |
| Participant (employee) contributions | $4,822,031 |
| Other contributions (incl. rollovers in) | $807,100 |
| Administrative expenses paid from the plan | $282,203 |
| Investment advisory & management fees | $44,000 |
| Other admin expenses | $10,055 |
| Benefits paid out | $15,419,701 |
| Net assets, start / end of year | $81.5M / $84.3M |
| Active participants, start / end of year | 1,299 / 670 |
| Participants with account balances | 1,490 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Belfint, Lyons & Shuman, P.A. |
Largest service providers (Schedule C)
| Sentinel Benefits Group, LLC | $212,737 reported compensation |
| Lion Street Advisors, LLC | $44,000 reported compensation |
| Fidelity Personal Trust Company | $25,466 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014200301NAL0001790659001, received 2025-10-14, EIN 54-1983207, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.