Retirement plan

CARR, ALLISON, OLIVER & SISSON, PC 401(K) PROFIT SHARING PLAN

Name: CARR, ALLISON, OLIVER & SISSON, P.C. - CARR, ALLISON, OLIVER & SISSON, PC 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: CARR, ALLISON, OLIVER & SISSON, P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARR, ALLISON, OLIVER & SISSON, PC 401(K) PROFIT SHARING PLAN, CARR, ALLISON, OLIVER & SISSON, P.C.

CARR, ALLISON, OLIVER & SISSON, P.C.EIN 72-1351859Plan #001PY 2024

100 VESTAVIA PKWY - BIRMINGHAM, AL 35216205-822-2006

Other plans on this EIN

1 filing

#003Retirement-$13.7M assets

Prospect flagsLow returnsLow participationHigh assets / participantFailed to transmit contributions

How to read this page

Total assets (EOY)

$88.6M

+7.3% from 2023

Total participants

416

+7.5% from 2023

Average account balance

$298,167

-2.8% from 2023

Annual return

13.63%

-3.48 pp from 2023

Benchmarks

See 3,302 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,302 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$88.56M

Not enough data

1 years with asset history on file

Average account balance

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

$298K

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.

297

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.

63.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.24M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

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

+13.63%

Not enough data

1 years with return on file

Admin fee / account holder

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

$215

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
CAHABA WEALTH MANAGEMENT7 years Service code 27 · EIN 27-0755780	Advisory (Plan)	$70,000
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 37 · EIN 04-2647786	Loan Processing	-$6,005

Plan features & details

Pension benefit codes2T2J2G2A2E2F3D

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$64K

$195 / participant

Investment mgmt$70K109.4%

% of EOY assets

0.072%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PEARCE BEVILL LEESBURG MOORE, PC
Auditor EIN: 630813240
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$298,167

$106,247+180.6%

$147,096+102.7%

$77,714+283.7%

Participation rate

63.7%

78.4%-14.7pp

82.2%-18.5pp

70.6%-6.9pp

Annual return

13.63%

56.87%-43.2pp

419.75%-406.1pp

31.26%-17.6pp

Employer contribution / active EE

$7,381

$4,069+81.4%

$4,936+49.5%

$2,727+170.7%

Participant deferral / active EE

$5,546

$7,996-30.6%

$8,071-31.3%

$4,649+19.3%

Admin fee / account holder

$215

$338-36.3%

$13,005-98.3%

$433-50.3%

Provider

Service type

Compensation

CAHABA WEALTH MANAGEMENT7 years

Service code 27 · EIN 27-0755780

Advisory (Plan)

$70,000

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 37 · EIN 04-2647786

Loan Processing

-$6,005

CARR, ALLISON, OLIVER & SISSON, PC 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARR, ALLISON, OLIVER & SISSON, PC 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