Retirement plan

CARCORP, INC., 401(K) RETIREMENT PLAN

Name: CARCORP, INC. - CARCORP, INC., 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: CARCORP, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARCORP, INC., 401(K) RETIREMENT PLAN, CARCORP, INC.

CARCORP, INC.EIN 31-1304392Plan #001PY 2017

2900 MORSE ROAD - COLUMBUS, OH 43231614-471-2900

Prospect flagsLow returnsHigh cashLow assets / participant

How to read this page

Total assets (EOY)

$3M

+16.7% from 2016

Total participants

181

+17.5% from 2016

Average account balance

$19,628

-19.6% from 2016

Annual return

12.89%

+8.56 pp from 2016

Benchmarks

See 2,319 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants100-249

Cohort2,319 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$241

Not enough data

1 years with asset history on file

Average account balance

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

$241

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.

50.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-2.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$68713

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

Top 1 by compensation

Provider	Service type	Compensation
HAMILTON LANE ADVISORS, LLC2+ years Filed as: HAMILTON CAPITAL MANAGEMENT Service code 21 5025 ARLINGTON CENTRE BLD, · COLUMBIS, OH 43220	Bank Trustee	$17,147

Plan features & details

Pension benefit codes2E2G2J2K3D

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.
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.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
OpportunityLow assets / participant
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.

Expense breakdown

Schedule H Part II

Admin total

$21K

$197 / participant

Investment mgmt$17K82.0%
Contract admin$4K18.0%

% of EOY assets

0.706%

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: GD & ASSOCIATES, LLC
Auditor EIN: 811121597
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$19,628

$51,466-61.9%

$78,778-75.1%

$62,293-68.5%

Participation rate

71.7%

59.8%+11.9pp

69.2%+2.5pp

69.5%+2.2pp

Annual return

12.89%

19.96%-7.1pp

35.62%-22.7pp

28.90%-16.0pp

Employer contribution / active EE

$746

$827-9.8%

$1,986-62.4%

$2,042-63.5%

Participant deferral / active EE

$2,405

$2,147+12.0%

$2,958-18.7%

$3,169-24.1%

Admin fee / account holder

$139

$489-71.7%

$5,134-97.3%

$479-71.1%

Provider

Service type

Compensation

HAMILTON LANE ADVISORS, LLC2+ years

Filed as: HAMILTON CAPITAL MANAGEMENT

Service code 21

5025 ARLINGTON CENTRE BLD, · COLUMBIS, OH 43220

Bank Trustee

$17,147

CARCORP, INC., 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARCORP, INC., 401(K) RETIREMENT 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