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 (2023) 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 2023

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

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$292K

+22.0% from 2022

Total participants

+14.3% from 2022

Average account balance

$58,312

+22.0% from 2022

Annual return

15.84%

+31.43 pp from 2022

Benchmarks

See 9,387 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants<25

Cohort9,387 peers

Snapshot2023

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

$941

$134 / participant

Other / not subdivided$941100.0%

% of EOY assets

0.323%

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

$58,312

$85,024-31.4%

$70,544-17.3%

$139,466-58.2%

Participation rate

57.1%

73.9%-16.8pp

68.4%-11.2pp

80.3%-23.2pp

Annual return

15.84%

30.39%-14.5pp

32.79%-16.9pp

373.66%-357.8pp

Employer contribution / active EE

$3,912-100.0%

$2,976-100.0%

$4,754-100.0%

Participant deferral / active EE

$2,228

$5,891-62.2%

$4,568-51.2%

$6,712-66.8%

Admin fee / account holder

$188

$8,928-97.9%

$6,427-97.1%

$11,409-98.4%

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