Retirement plan

COMMERCIAL WAREHOUSE & CARTAGE, INC. 401(K) PROFIT SHARING PLAN

Name: COMMERCIAL WAREHOUSE & CARTAGE, INC. - COMMERCIAL WAREHOUSE & CARTAGE, INC. 401(K) PROFIT SHARING PLAN (2022) Form 5500
Creator: COMMERCIAL WAREHOUSE & CARTAGE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, COMMERCIAL WAREHOUSE & CARTAGE, INC. 401(K) PROFIT SHARING PLAN, COMMERCIAL WAREHOUSE & CARTAGE, INC.

COMMERCIAL WAREHOUSE & CARTAGE, INC.EIN 35-1184892Plan #001PY 2022

3402 MEYER ROAD - FORT WAYNE, IN 46803260-426-7825

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$6.8M

-10.0% from 2021

Total participants

-30.7% from 2021

Average account balance

$75,791

+33.0% from 2021

Annual return

-11.00%

-24.76 pp from 2021

Benchmarks

See 1,021 peers

Peer group

Industry49 - Transportation and Warehousing

Plan typeDefined contribution

Participants25-99

Cohort1,021 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.01M

Not enough data

1 years with asset history on file

Average account balance

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

$105K

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.

123.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$473K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$6K

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

+13.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$4013

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

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Service providers

Top 2 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.7+ years Service code 15 · EIN 27-2037969	Recordkeeping	$30,581
PENSIONMARK FINANCIAL GROUP LLC2 years Filed as: PENSIONMARK FINANCIAL GROUP, LLC Service code 27 2813 E. DUPONT ROAD · FT. WAYNE, IN 46825	Advisory (Plan)	$5,598

Plan features & details

Pension benefit codes2E2F2G2J2T3D3H

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.
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

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$36K

$470 / participant

Investment mgmt$6K15.5%
Contract admin$31K84.5%

% of EOY assets

0.530%

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: BADEN, GAGE & SCHROEDER, LLC
Auditor EIN: 351939627
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$75,791

$25,979+191.7%

$71,702+5.7%

$68,495+10.7%

Participation rate

93.5%

54.5%+39.0pp

62.3%+31.2pp

67.9%+25.6pp

Annual return

-11.00%

-15.10%+4.1pp

9.14%-20.1pp

-7.84%-3.2pp

Employer contribution / active EE

$3,636

$900+303.8%

$1,704+113.4%

$2,596+40.0%

Participant deferral / active EE

$1,965

$1,522+29.1%

$2,658-26.1%

$4,028-51.2%

Admin fee / account holder

$402

$2,022-80.1%

$3,974-89.9%

$5,403-92.6%

Provider

Service type

Compensation

NEWPORT GROUP, INC.7+ years

Service code 15 · EIN 27-2037969

Recordkeeping

$30,581

PENSIONMARK FINANCIAL GROUP LLC2 years

Filed as: PENSIONMARK FINANCIAL GROUP, LLC

Service code 27

2813 E. DUPONT ROAD · FT. WAYNE, IN 46825

Advisory (Plan)

$5,598

COMMERCIAL WAREHOUSE & CARTAGE, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

COMMERCIAL WAREHOUSE & CARTAGE, INC. 401(K) PROFIT SHARING 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