Retirement plan

CARTERS 401(K) SAVINGS PLAN

Name: THE WILLIAM CARTER COMPANY - CARTERS 401(K) SAVINGS PLAN (2016) Form 5500
Creator: THE WILLIAM CARTER COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARTERS 401(K) SAVINGS PLAN, THE WILLIAM CARTER COMPANY

THE WILLIAM CARTER COMPANYEIN 04-1156680Plan #004PY 2016

3438 PEACHTREE ROAD NE, SUITE 1800 - ATLANTA, GA 30326678-399-4436LinkedIn1-10 employeesreal estate

Prospect flagsLow assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$142.9M

-14.3% from 2016

Total participants

6,257

-4.7% from 2016

Average account balance

$24,546

-9.9% from 2016

Annual return

7.33%

-7.08 pp from 2016

Benchmarks

See 228 peers

Peer group

Industry31 - Manufacturing

Plan typeDefined contribution

Participants1,000-4,999

Cohort228 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$318.71M

Not enough data

1 years with asset history on file

Average account balance

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

$46K

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.

6,941

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.

79.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$4K

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

+13.83%

Not enough data

1 years with return on file

Admin fee / account holder

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

$80

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY2+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346	Recordkeeping	$129,607
LPL FINANCIAL2+ years Service code 27 · EIN 04-3046611	Advisory (Plan)	$60,016
TEJERA & ASSOCIATES, LLC1 year Service code 27 PO BOX 10277 · BAINBRIDGE ISLAND, WA 98110	Advisory (Plan)	$26,600
COOK STREET CONSULTING1 year Filed as: COOK STREET CONSULTING, INC Service code 27 5299 DTC BOULEVARD · GREENWOOD VILLAGE, CO 80111	Advisory (Plan)	$16,625

Plan features & details

Pension benefit codes2E2F2G2J2K3H2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$233K

$49 / participant

Investment mgmt$103K44.4%
Contract admin$129K55.6%

% of EOY assets

0.163%

all-in expense ratio

Categories reported

2 / 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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$24,546

$58,758-58.2%

$69,779-64.8%

$63,975-61.6%

Participation rate

90.8%

77.5%+13.4pp

71.8%+19.0pp

71.1%+19.7pp

Annual return

7.33%

18.05%-10.7pp

12.99%-5.7pp

48.65%-41.3pp

Employer contribution / active EE

$2,560

$1,973+29.8%

$2,338+9.5%

$2,182+17.4%

Participant deferral / active EE

$3,026

$2,912+3.9%

$2,931+3.3%

$3,356-9.8%

Admin fee / account holder

$40

$71-43.6%

$4,381-99.1%

$70-43.2%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY2+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC

Service code 15 · EIN 01-0233346

Recordkeeping

$129,607

LPL FINANCIAL2+ years

Service code 27 · EIN 04-3046611

Advisory (Plan)

$60,016

TEJERA & ASSOCIATES, LLC1 year

Service code 27

PO BOX 10277 · BAINBRIDGE ISLAND, WA 98110

Advisory (Plan)

$26,600

COOK STREET CONSULTING1 year

Filed as: COOK STREET CONSULTING, INC

Service code 27

5299 DTC BOULEVARD · GREENWOOD VILLAGE, CO 80111

Advisory (Plan)

$16,625

CARTERS 401(K) SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARTERS 401(K) SAVINGS 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