Retirement plan

CARROLL FULMER LOGISTICS CORPORATION 401(K) PLAN

Name: CARROLL FULMER LOGISTICS CORPORATION - CARROLL FULMER LOGISTICS CORPORATION 401(K) PLAN (2020) Form 5500
Creator: CARROLL FULMER LOGISTICS CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARROLL FULMER LOGISTICS CORPORATION 401(K) PLAN, CARROLL FULMER LOGISTICS CORPORATION

CARROLL FULMER LOGISTICS CORPORATIONEIN 01-0664729Plan #001PY 2020

8340 AMERICAN WAY - GROVELAND, FL 34736352-429-5000

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.5M

+11.1% from 2019

Total participants

324

+1.3% from 2019

Average account balance

$42,930

+16.8% from 2019

Annual return

12.07%

-11.97 pp from 2019

Benchmarks

See 659 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants250-999

Cohort659 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$6.96M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$42K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

166

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

59.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.04M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+8.90%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$337

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
RAYMOND JAMES FINANCIAL SERVICES1 year Filed as: RAYMOND JAMES AND ASSOCIATES INC Service code 27 · EIN 59-1237041	Advisory (Plan)	$6,937
TRANSAMERICA RETIREMENT SOLUTIONS4 years Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781	Recordkeeping	$5,955

Plan features & details

Pension benefit codes2E2G2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$30K

$99 / participant

Investment mgmt$7K23.2%
Other / not subdivided$23K76.8%

% of EOY assets

0.354%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BUNTING, TRIPP & INGLEY, LLP
Auditor EIN: 590673514
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$42,930

$51,288-16.3%

$81,982-47.6%

$73,412-41.5%

Participation rate

57.9%

64.0%-6.0pp

69.3%-11.3pp

72.2%-14.2pp

Annual return

12.07%

29.48%-17.4pp

41.31%-29.2pp

59.30%-47.2pp

Employer contribution / active EE

$1,436

$1,487-3.5%

$2,498-42.5%

$2,234-35.7%

Participant deferral / active EE

$2,670

$2,715-1.7%

$3,722-28.3%

$3,806-29.9%

Admin fee / account holder

$152

$125+21.2%

$5,665-97.3%

$158-3.8%

Provider

Service type

Compensation

RAYMOND JAMES FINANCIAL SERVICES1 year

Filed as: RAYMOND JAMES AND ASSOCIATES INC

Service code 27 · EIN 59-1237041

Advisory (Plan)

$6,937

TRANSAMERICA RETIREMENT SOLUTIONS4 years

Filed as: TRANSAMERICA LIFE INSURANCE COMPANY

Service code 15 · EIN 39-0989781

Recordkeeping

$5,955

CARROLL FULMER LOGISTICS CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARROLL FULMER LOGISTICS CORPORATION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion