Retirement plan

CORPORATE AIR TECHNOLOGY PROFIT SHARING 401(K) PLAN AND TRUST

Name: CORPORATE AVIATION ASSOCIATES, INC. - CORPORATE AIR TECHNOLOGY PROFIT SHARING 401(K) PLAN AND TRUST (2021) Form 5500
Creator: CORPORATE AVIATION ASSOCIATES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CORPORATE AIR TECHNOLOGY PROFIT SHARING 401(K) PLAN AND TRUST, CORPORATE AVIATION ASSOCIATES, INC.

CORPORATE AVIATION ASSOCIATES, INC.dba DBA CORPORATE AIR TECHNOLOGYEIN 77-0123573Plan #001PY 2021

1250 AVIATION AVENUE #125 - SAN JOSE, CA 951101120408-977-0990

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$266K

+15.2% from 2020

Total participants

+20.0% from 2020

Average account balance

$44,375

-4.0% from 2020

Annual return

10.01%

-6.18 pp from 2020

Benchmarks

See 7,539 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort7,539 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$381K

Not enough data

1 years with asset history on file

Average account balance

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

$76K

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.

45.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

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

+8.62%

Not enough data

1 years with return on file

Admin fee / account holder

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

$352

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 codes2E2F2G2J3D

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.
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 participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$1K

$114 / participant

Other / not subdivided$1K100.0%

% of EOY assets

0.427%

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

$44,375

$104,664-57.6%

$85,693-48.2%

$167,518-73.5%

Participation rate

40.0%

76.4%-36.4pp

69.9%-29.9pp

82.1%-42.1pp

Annual return

10.01%

21.45%-11.4pp

21.49%-11.5pp

478.71%-468.7pp

Employer contribution / active EE

$3,337-100.0%

$2,618-100.0%

$4,838-100.0%

Participant deferral / active EE

$1,322

$4,824-72.6%

$3,923-66.3%

$6,342-79.2%

Admin fee / account holder

$190

$10,032-98.1%

$6,874-97.2%

$12,312-98.5%

CORPORATE AIR TECHNOLOGY PROFIT SHARING 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CORPORATE AIR TECHNOLOGY PROFIT SHARING 401(K) PLAN AND 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