Retirement plan

CORPORATE CARE 401(K) PLAN

Name: CORPORATE CARE CENTRAL PAYROLL SERVICES, LLC - CORPORATE CARE 401(K) PLAN (2024) Form 5500
Creator: CORPORATE CARE CENTRAL PAYROLL SERVICES, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORPORATE CARE 401(K) PLAN, CORPORATE CARE CENTRAL PAYROLL SERVICES, LLC

CORPORATE CARE CENTRAL PAYROLL SERVICES, LLCEIN 27-4016671Plan #001PY 2024

3530 W T C JESTER BLVD - HOUSTON, TX 770185047713-692-6300

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.9M

+12.7% from 2023

Total participants

256

+22.5% from 2023

Average account balance

$61,613

+8.0% from 2023

Annual return

12.99%

-2.92 pp from 2023

Benchmarks

See 1,419 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants100-249

Cohort1,419 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$8.87M

Not enough data

1 years with asset history on file

Average account balance

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

$62K

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.

144

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$947K

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

+12.99%

Not enough data

1 years with return on file

Admin fee / account holder

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

$269

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 37 · EIN 04-2647786	Loan Processing	$17,734
KESTRA INVESTMENT SERVICES LLC4 years Service code 27 · EIN 35-2552359	Advisory (Plan)	$12,768
ASSUREDPARTNERS CAPITAL INC1 year Service code 27 · EIN 45-2712335	Advisory (Plan)	$7,022

Plan features & details

Pension benefit codes2F2E2G2J2T3B3D

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

$39K

$173 / participant

Recordkeeping$18K45.8%
Investment mgmt$21K54.2%

% of EOY assets

0.436%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER GROSSBARD ADVISORS, LLP
Auditor EIN: 462958029
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$61,613

$45,119+36.6%

$85,126-27.6%

$74,429-17.2%

Participation rate

50.0%

49.4%+0.6pp

67.5%-17.5pp

67.2%-17.2pp

Annual return

12.99%

26.28%-13.3pp

66.63%-53.6pp

1368.38%-1355.4pp

Employer contribution / active EE

$1,497

$1,460+2.5%

$2,731-45.2%

$2,625-43.0%

Participant deferral / active EE

$2,733

$2,738-0.2%

$4,523-39.6%

$4,348-37.1%

Admin fee / account holder

$269

$2,214-87.9%

$6,160-95.6%

$1,944-86.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 37 · EIN 04-2647786

Loan Processing

$17,734

KESTRA INVESTMENT SERVICES LLC4 years

Service code 27 · EIN 35-2552359

Advisory (Plan)

$12,768

ASSUREDPARTNERS CAPITAL INC1 year

Service code 27 · EIN 45-2712335

Advisory (Plan)

$7,022

CORPORATE CARE 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORPORATE CARE 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