Retirement plan

JOHN H. CARTER CO., INC. 401(K) PROFIT SHARING PLAN

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

JOHN H. CARTER CO., INC.EIN 72-0494338Plan #002PY 2016

17630 PERKINS ROAD - BATON ROUGE, LA 70810225-751-3788johnhcarter.comLinkedIn501-1000 employeesindustrial automation

Other plans on this EIN

1 filing

#003Retirement-$301.4M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$19.8M

-6.0% from 2016

Total participants

447

-11.0% from 2016

Average account balance

$50,480

+7.7% from 2016

Annual return

13.95%

-9.08 pp from 2016

Benchmarks

See 1,219 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants250-999

Cohort1,219 peers

Snapshot2016

Participant deferral / active EE

$4,406

median $2,870

Employer contribution / active EE

$186

median $1,171

Participation rate

87.0%

median 85.8%

Avg account balance

$50,480

median $51,210

Admin fee / account holder

$128

median $44

Annual return

13.95%

median 7.77%

Overall peer rank

49of 100

49th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$45.08M

Average account balance

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

$55K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

816

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

86.3%

Contributions (total)

Employer and participant dollars contributed each year

$3.99M

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+16.14%

Admin fee / account holder

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

$173

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 2 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC2+ years Filed as: CAPTRUST FINANCIAL PARTNERS, LLC Service code 16 · EIN 26-0058143	Consulting	$46,912
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	$3,481

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

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$50K

$121 / participant

Other / not subdivided$50K100.0%

% of EOY assets

0.254%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: POSTLETHWAITE & NETTERVILLE
Auditor EIN: 721202455
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$50,480

$107,378-53.0%

$108,582-53.5%

$57,661-12.5%

Participation rate

87.0%

77.1%+9.9pp

79.6%+7.4pp

70.2%+16.8pp

Annual return

13.95%

12.80%+1.2pp

-51.70%+65.6pp

5.13%+8.8pp

Employer contribution / active EE

$186

$1,782-89.6%

$3,758-95.1%

$1,974-90.6%

Participant deferral / active EE

$4,406

$3,221+36.8%

$4,311+2.2%

$3,061+44.0%

Admin fee / account holder

$128

$108+18.2%

$7,645-98.3%

$95+35.6%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC2+ years

Filed as: CAPTRUST FINANCIAL PARTNERS, LLC

Service code 16 · EIN 26-0058143

Consulting

$46,912

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$3,481

JOHN H. CARTER CO., INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JOHN H. CARTER CO., 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