Retirement plan

CAPITAL BANK 401(K) PLAN

Name: CAPITAL BANK, N.A. - CAPITAL BANK 401(K) PLAN (2022) Form 5500
Creator: CAPITAL BANK, N.A.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPITAL BANK 401(K) PLAN, CAPITAL BANK, N.A.

CAPITAL BANK, N.A.EIN 52-2132492Plan #001PY 2022

2275 RESEARCH BLVD 6TH FLOOR - ROCKVILLE, MD 20850301-468-8848capitalbankmd.comLinkedIn201-500 employeesbanking

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$18.6M

-0.3% from 2021

Total participants

350

+8.0% from 2021

Average account balance

$55,333

-12.4% from 2021

Annual return

-6.71%

-20.86 pp from 2021

Benchmarks

See 1,529 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,529 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$32.49M

Not enough data

1 years with asset history on file

Average account balance

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

$66K

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.

496

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.

93.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.26M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$10K

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

+34.05%

Not enough data

1 years with return on file

Admin fee / account holder

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

$213

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 2 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$50,266
KESTRA INVESTMENT SERVICES LLC5 years Service code 27 · EIN 35-2552359	Advisory (Plan)	$26,734

Plan features & details

Pension benefit codes2T2E2F2G2J3D

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$77K

$272 / participant

Other / not subdivided$77K100.0%

% of EOY assets

0.413%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: ELLIOTT DAVIS, LLC
Auditor EIN: 570381582
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$55,333

$86,897-36.3%

$151,639-63.5%

$64,819-14.6%

Participation rate

95.4%

87.3%+8.1pp

87.5%+7.9pp

71.5%+23.9pp

Annual return

-6.71%

-3.57%-3.1pp

3.34%-10.1pp

32.84%-39.6pp

Employer contribution / active EE

$3,583

$4,010-10.7%

$6,165-41.9%

$2,507+42.9%

Participant deferral / active EE

$8,449

$6,690+26.3%

$8,363+1.0%

$4,311+96.0%

Admin fee / account holder

$228

$153+49.4%

$11,613-98.0%

$188+21.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$50,266

KESTRA INVESTMENT SERVICES LLC5 years

Service code 27 · EIN 35-2552359

Advisory (Plan)

$26,734

CAPITAL BANK 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPITAL BANK 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