Retirement plan

ADVANCED MAINTENANCE 401(K) PLAN

Name: THE CARABAW CORPORATION DBA ADVANCED MAINTENANCE - ADVANCED MAINTENANCE 401(K) PLAN (2019) Form 5500
Creator: THE CARABAW CORPORATION DBA ADVANCED MAINTENANCE
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ADVANCED MAINTENANCE 401(K) PLAN, THE CARABAW CORPORATION DBA ADVANCED MAINTENANCE

THE CARABAW CORPORATION DBA ADVANCED MAINTENANCEEIN 20-5334273Plan #002PY 2019

2001 CITATION DRIVE - GARNER, NC 27529919-329-0811

Prospect flagsLow fidelity bond

How to read this page

Total assets (EOY)

$763K

+36.7% from 2018

Total participants

+66.7% from 2018

Average account balance

$190,747

+2.5% from 2018

Annual return

25.95%

+31.70 pp from 2018

Benchmarks

See 35,105 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort35,105 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37M

Not enough data

1 years with asset history on file

Average account balance

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

$458K

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.

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.

60.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+12.90%

Not enough data

1 years with return on file

Admin fee / account holder

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

$5398

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D

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).
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

ComplianceLow fidelity bond
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$190,747

$103,038+85.1%

$90,324+111.2%

$152,909+24.7%

Participation rate

80.0%

75.9%+4.1pp

73.3%+6.7pp

82.5%-2.5pp

Annual return

25.95%

95.25%-69.3pp

78.15%-52.2pp

345.46%-319.5pp

Employer contribution / active EE

$838

$3,141-73.3%

$2,856-70.7%

$4,764-82.4%

Participant deferral / active EE

$11,127

$4,282+159.9%

$3,885+186.4%

$5,851+90.2%

Admin fee / account holder

$6,177-100.0%

$5,356-100.0%

$11,601-100.0%

ADVANCED MAINTENANCE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

ADVANCED MAINTENANCE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion