Retirement plan

CENTRAL MANAGEMENT COMPANY, LLC 401K PLAN

Name: CENTRAL MANAGEMENT COMPANY, LLC - CENTRAL MANAGEMENT COMPANY, LLC 401K PLAN (2024) Form 5500
Creator: CENTRAL MANAGEMENT COMPANY, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CENTRAL MANAGEMENT COMPANY, LLC 401K PLAN, CENTRAL MANAGEMENT COMPANY, LLC

CENTRAL MANAGEMENT COMPANY, LLCEIN 72-1494519Plan #001PY 2024

P O BOX 1438 - WINNFIELD, LA 714830000318-628-4116

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$10.3M

+19.2% from 2023

Total participants

612

-78.5% from 2023

Average account balance

$16,862

+32.1% from 2023

Annual return

12.13%

-3.54 pp from 2023

Benchmarks

See 4,117 peers

Peer group

Industry62 - Health Care and Social Assistance

Plan typeDefined contribution

Participants250-999

Cohort4,117 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$10.32M

Not enough data

1 years with asset history on file

Average account balance

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

$17K

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.

612

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

$1.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$2K

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

+12.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$12

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

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 codes2E2F2H2J3D

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$8K

$14 / participant

Investment mgmt$8K100.0%

% of EOY assets

0.073%

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: STEVEN M. DEROUEN & ASSOCIATES, LLC
Auditor EIN: 854373220
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$16,862

$50,902-66.9%

$155,534-89.2%

$77,736-78.3%

Participation rate

100.0%

63.1%+36.9pp

78.2%+21.8pp

70.6%+29.4pp

Annual return

12.13%

34.85%-22.7pp

64.92%-52.8pp

31.26%-19.1pp

Employer contribution / active EE

$1,991-100.0%

$4,675-100.0%

$2,728-100.0%

Participant deferral / active EE

$2,361

$2,824-16.4%

$5,630-58.1%

$4,651-49.2%

Admin fee / account holder

$12

$437-97.2%

$15,900-99.9%

$433-97.2%

CENTRAL MANAGEMENT COMPANY, LLC 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CENTRAL MANAGEMENT COMPANY, LLC 401K 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