Retirement plan

CAPITAL MANAGEMENT OF THE CAROLINAS, LLC FIDELITY PROFIT SHARING PLAN

Name: CAPITAL MANAGEMENT OF THE CAROLINAS, LLC - CAPITAL MANAGEMENT OF THE CAROLINAS, LLC FIDELITY PROFIT SHARING PLAN (2024) Form 5500
Creator: CAPITAL MANAGEMENT OF THE CAROLINAS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAPITAL MANAGEMENT OF THE CAROLINAS, LLC FIDELITY PROFIT SHARING PLAN, CAPITAL MANAGEMENT OF THE CAROLINAS, LLC

CAPITAL MANAGEMENT OF THE CAROLINAS, LLCEIN 56-2222703Plan #001PY 2024

1520 SOUTH BOULEVARD, SUITE 230 - CHARLOTTE, NC 28203704-332-3131LinkedIn1-10 employeesinvestment banking

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$6.5M

+19.8% from 2023

Total participants

0.0% from 2023

Average account balance

$726,398

+19.8% from 2023

Annual return

12.17%

-1.17 pp from 2023

Benchmarks

See 37,087 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants<25

Cohort37,087 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.54M

Not enough data

1 years with asset history on file

Average account balance

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

$726K

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$559K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$62K

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

+12.17%

Not enough data

1 years with return on file

Admin fee / account holder

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

$15989

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 codes2E2F2G3D

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$144K

$15989 / participant

Other / not subdivided$144K100.0%

% of EOY assets

2.201%

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

$726,398

$201,372+260.7%

$184,260+294.2%

$145,884+397.9%

Participation rate

100.0%

87.5%+12.5pp

86.8%+13.2pp

80.3%+19.7pp

Annual return

12.17%

29.04%-16.9pp

28.84%-16.7pp

551.85%-539.7pp

Employer contribution / active EE

$62,136

$7,024+784.7%

$6,427+866.7%

$4,662+1232.7%

Participant deferral / active EE

$9,808-100.0%

$9,133-100.0%

$6,690-100.0%

Admin fee / account holder

$15,989

$16,362-2.3%

$13,898+15.0%

$13,392+19.4%

CAPITAL MANAGEMENT OF THE CAROLINAS, LLC FIDELITY PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAPITAL MANAGEMENT OF THE CAROLINAS, LLC FIDELITY 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