Just curious, but do you actually intend to print 400% ink?
Good question. I don't. Never do. The thing with creating custom process colors swatches is that we never really print for production with them. You can for spot colors, but thats another part of printing.
I've been told by some print guru's in the industry of a certain sweet spot that the right amount of CMYK is for a RICH process black. I don't know about that being the "all encompassing right black", but it's as good as any. LOL. The funny thing is, that since I never needed it, I forgot the amounts. it was something like…89, 87, 87 and 95 Even at that, it's still close to 400%…and in truth, because of Illustrator or Photoshops default color settings, (if you just hit print),the colors don't actually come out like that due to default dot gain control…or even the lack there of.
Off set printers (from what I hear), use something near a total ink amount of 255-265% Screen printers doing 4 color process (not that it's done that often) use in the area of 260-280% total ink. So, your question is valid but miss placed.
100% in all colors, are typically used when you want to have a heavy black printed to a color print (for a certain look). Maybe the color printer needs calibrated or maybe they want to give the art an embossed feel? In the art department where I worked, we always printed color comps…but meant nothing to the actual output for production. That production "color correction" part was always done at the production facility. Not in our design department. So, The original question was, "how do you create that". I gave a step by step on how to achieve that. For what reasons, is up to him and his situation.
In addition to that, those who are printing to films or plates for production, will have dot gain
control. These color settings will override whatever level of pms colors are created with. Your color settings (UCR and GCR, black point, etc) can be adjusted (and saved) for different substrates and can produce different levels of ink combinations…despite what your custom process (rich black) is set up like.
Digital printers would typically also make use of color settings for different substrates as well.
Good questions.