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Original filing (PDF)20251003151956NAL0000877715001
CASSENS TRANSPORT COMPANY
Form 5500
FILING_RECEIVED
CASSENS RETIREMENT PLAN
401(k) retirement plan
Signals · 3
28% in single holding23% employer stockNo recordkeeper disclosed
Active participants
181
Accounts w/ balance
204
Plan assets (EOY)
$61.5M
Net assets (EOY)
$61.5M
How this plan invests
This plan
11 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
85
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
61
Total plan cost
80
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "First Busey Corporation* See Attached Schedules" is 28% of plan.
- 23% of plan in employer / sponsor stock.
- 22 bps in Schedule C fees — modestly above peer band of 16 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CASSENS TRANSPORT COMPANY.
Plan sponsor
Name
CASSENS TRANSPORT COMPANY
EIN
37-0209195
Address
145 N. KANSAS ST. · EDWARDSVILLE, IL · 620250468
Phone
(618) 656-3006
Industry
Transportation & Warehousingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-03
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2H · Partial participant-directed accounts
2J · 401(k) feature
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
FORVIS MAZARS LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsOther
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BUSEY WEALTH MANAGEMENT | 37-0613731 | — | NONE | $104K | — |
| EPIC RETIREMENT PLAN SERVICES | 16-1450952 | — | NONE | $34K | — |
Investments
11 direct securities· $61.7M(100% of reported assets)
Uncategorized
$29.0M
8 holdings
Common Stocks
$14.4M
1 holding
Mutual Funds
$10.2M
1 holding
Corporate Bonds
$8.0M
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| First Busey Corporation* See Attached Schedules | — | — | $16.8M | $17.1M | 27.7% | |
| See Attached Schedules | Common Stocks | — | $10.6M | $14.4M | 23.4% | |
| Charles Schwab Trust Bank* See Attached Schedules | Mutual Funds | — | $8.7M | $10.2M | 16.6% | |
| See Attached Schedules | Corporate Bonds | — | — | $8.0M | 13.1% | |
| U.S. Government Obligations See Attached Schedules | — | — | $8.7M | $7.6M | 12.3% | |
| Exchange Traded Funds See Attached Schedules | — | — | $1.8M | $1.9M | 3.0% | |
| lssuer Description of lnvestments Cost Current Value Money Market Accounts Goldman Sachs Fin Square Treasury See Attached Schedules | — | — | — | $1.3M | 2.1% | |
| Foreign Stocks See Attached Schedules 963,7'19 | — | — | — | $1.0M | 1.7% | |
| Foreign Bonds See Attached Schedules | — | — | $198K | $173K | 0.3% | |
| December 31 | — | — | — | $31K | <0.1% | |
| Schwab Bank Savings* See Attached Schedules | — | — | $11K | $11K | <0.1% |
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