Retirement plan

CAROBA 401(K) PLAN

Name: CAROBA PLASTICS, INC. - CAROBA 401(K) PLAN (2020) Form 5500
Creator: CAROBA PLASTICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAROBA 401(K) PLAN, CAROBA PLASTICS, INC.

CAROBA PLASTICS, INC.EIN 84-0924070Plan #001PY 2020

3219 SOUTH PLATTE RIVER DRIVE - ENGLEWOOD, CO 80110303-781-6286caroba.comLinkedIn51-200 employeesplastics

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$4.4M

+26.8% from 2019

Total participants

170

+8.3% from 2019

Average account balance

$59,655

+30.2% from 2019

Annual return

17.57%

-4.03 pp from 2019

Benchmarks

See 1,894 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort1,894 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.53M

Not enough data

1 years with asset history on file

Average account balance

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

$89K

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.

41.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$536K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+12.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7255

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

Top 2 by compensation

Provider	Service type	Compensation
CAMBRIDGE INVESTMENT RESEARCH3 years Filed as: CAMBRIDGE INV RSRCH ADVSRS Service code 26 · EIN 42-1445429	Advisory (Participants)	$18,795
AMERICAN UNITED LIFE INSURANCE CO3 years Service code 15 · EIN 35-0145825	Recordkeeping	$7,694

Plan features & details

Pension benefit codes2E2F2G2J2K3D3H

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$21K

$139 / participant

Other / not subdivided$21K100.0%

% of EOY assets

0.491%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: HAYNE & COMPANY CPA PC
Auditor EIN: 870325228
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$59,655

$70,917-15.9%

$98,920-39.7%

$73,497-18.8%

Participation rate

37.0%

73.8%-36.8pp

76.0%-39.0pp

70.7%-33.7pp

Annual return

17.57%

34.18%-16.6pp

196.47%-178.9pp

28.51%-10.9pp

Employer contribution / active EE

$934

$2,037-54.1%

$2,689-65.3%

$2,270-58.8%

Participant deferral / active EE

$1,577

$3,501-55.0%

$4,245-62.9%

$3,740-57.8%

Admin fee / account holder

$293

$535-45.2%

$6,643-95.6%

$513-42.9%

Provider

Service type

Compensation

CAMBRIDGE INVESTMENT RESEARCH3 years

Filed as: CAMBRIDGE INV RSRCH ADVSRS

Service code 26 · EIN 42-1445429

Advisory (Participants)

$18,795

AMERICAN UNITED LIFE INSURANCE CO3 years

Service code 15 · EIN 35-0145825

Recordkeeping

$7,694

CAROBA 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAROBA 401(K) 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