Retirement plan

CAROLINA FUR DRESSING CO INC 401 K PROFIT SHARING PLAN TRUST

Name: CAROLINA FUR DRESSING CO INC - CAROLINA FUR DRESSING CO INC 401 K PROFIT SHARING PLAN TRUST (2016) Form 5500
Creator: CAROLINA FUR DRESSING CO INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAROLINA FUR DRESSING CO INC 401 K PROFIT SHARING PLAN TRUST, CAROLINA FUR DRESSING CO INC

CAROLINA FUR DRESSING CO INCEIN 56-1722404Plan #001PY 2016

900 FREEDOM DR - RALEIGH, NC 276101424919-231-9933carolinafurdressing.comLinkedIn11-50 employeesranching

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$549K

-19.6% from 2015

Total participants

-6.7% from 2015

Average account balance

$20,326

-16.7% from 2015

Annual return

3.38%

+3.84 pp from 2015

Benchmarks

See 30,914 peers

Peer group

Industry81 - Other Services (except Public Administration)

Plan typeDefined contribution

Participants<25

Cohort30,914 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$70K

Not enough data

1 years with asset history on file

Average account balance

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

$3K

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.

525.0%

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

-0.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$160

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 codes2E2F2G2J2T3D

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

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

$223K

$17129 / participant

Other / not subdivided$223K100.0%

% of EOY assets

40.576%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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

$20,326

$90,486-77.5%

$78,676-74.2%

$273,972-92.6%

Participation rate

92.3%

76.5%+15.8pp

73.6%+18.7pp

83.0%+9.3pp

Annual return

3.38%

75.62%-72.2pp

62.19%-58.8pp

41.46%-38.1pp

Employer contribution / active EE

$1,501

$3,175-52.7%

$2,850-47.3%

$4,869-69.2%

Participant deferral / active EE

$3,534

$3,901-9.4%

$3,517+0.5%

$5,287-33.2%

Admin fee / account holder

$8,248

$5,263+56.7%

$4,510+82.9%

$10,133-18.6%

CAROLINA FUR DRESSING CO INC 401 K PROFIT SHARING PLAN TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAROLINA FUR DRESSING CO INC 401 K PROFIT SHARING PLAN TRUST

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