Retirement plan

CAHEC MANAGEMENT, INC. 401(K) RETIREMENT PLAN & TRUST

Name: CAHEC MANAGEMENT, INC. - CAHEC MANAGEMENT, INC. 401(K) RETIREMENT PLAN & TRUST (2024) Form 5500
Creator: CAHEC MANAGEMENT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAHEC MANAGEMENT, INC. 401(K) RETIREMENT PLAN & TRUST, CAHEC MANAGEMENT, INC.

CAHEC MANAGEMENT, INC.EIN 84-3628117Plan #001PY 2024

7700 FALLS OF NEUSE RD STE 200 - RALEIGH, NC 276153355919-788-1811boydmanagement.comLinkedIn201-500 employeesreal estate

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$9.3M

+35.9% from 2023

Total participants

510

+8.7% from 2023

Average account balance

$45,195

+13.4% from 2023

Annual return

13.34%

-5.75 pp from 2023

Benchmarks

See 270 peers

Peer group

Industry11 - Agriculture, Forestry, Fishing and Hunting

Plan typeDefined contribution

Participants250-999

Cohort270 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.31M

Not enough data

1 years with asset history on file

Average account balance

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

$45K

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.

206

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.

36.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.21M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+13.34%

Not enough data

1 years with return on file

Admin fee / account holder

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

$210

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 10 of 14 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC4 years Filed as: T. ROWE PRICE RPS, INC. Service code 15 · EIN 52-1309931	Recordkeeping	$43,323
ALGER4 years Service code 28 P.O.BOX 2175 · MILWAUKEE, WI 532012175	Investment Management	$0
AMERICAN CENTURY1 year Filed as: AMERICAN CENTURY INVESTMENT MANAGEM Service code 28 · EIN 20-0623152	Investment Management	$0
AMERICAN FUNDS5+ years Service code 28 · EIN 95-1411037	Investment Management	$0
BAIRD FUNDS4 years Service code 28 P.O. BOX 701 · MILWAUKEE, WI 53201	Investment Management	$0
COHEN & STEERS5+ years Filed as: COHEN & STEERS FUNDS Service code 28 · EIN 14-1904657	Investment Management	$0
CREDIT SUISSE4 years Service code 28 ELEVEN MADISON AVENUE LEVEL 1B · NEW YORK, NY 10010	Investment Management	$0
DELAWARE INVESTMENTS4 years Filed as: DELAWARE Service code 28 1 COMMERCE SQUARE 2005 MARKET STREE · PHILADELPHIA, PA 19103	Investment Management	$0
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Filed as: FIDELITY Service code 28 · EIN 04-2647786	Investment Management	$0
MFS INVESTMENT MANAGEMENT5+ years Filed as: MFS FUNDS Service code 28 · EIN 04-2747644	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2K3D2T

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.
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

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

$43K

$90 / participant

Other / not subdivided$43K100.0%

% of EOY assets

0.465%

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: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$45,195

$73,149-38.2%

$120,580-62.5%

$77,762-41.9%

Participation rate

36.8%

55.2%-18.4pp

72.0%-35.2pp

70.6%-33.8pp

Annual return

13.34%

18.24%-4.9pp

107.48%-94.1pp

31.27%-17.9pp

Employer contribution / active EE

$2,790

$1,793+55.6%

$3,469-19.6%

$2,728+2.3%

Participant deferral / active EE

$1,812

$3,006-39.7%

$4,995-63.7%

$4,651-61.0%

Admin fee / account holder

$210

$660-68.1%

$9,418-97.8%

$433-51.4%

Provider

Service type

Compensation

T ROWE PRICE RPS INC4 years

Filed as: T. ROWE PRICE RPS, INC.

Service code 15 · EIN 52-1309931

Recordkeeping

$43,323

ALGER4 years

Service code 28

P.O.BOX 2175 · MILWAUKEE, WI 532012175

Investment Management

AMERICAN CENTURY1 year

Filed as: AMERICAN CENTURY INVESTMENT MANAGEM

Service code 28 · EIN 20-0623152

Investment Management

AMERICAN FUNDS5+ years

Service code 28 · EIN 95-1411037

Investment Management

BAIRD FUNDS4 years

Service code 28

P.O. BOX 701 · MILWAUKEE, WI 53201

Investment Management

COHEN & STEERS5+ years

Filed as: COHEN & STEERS FUNDS

Service code 28 · EIN 14-1904657

Investment Management

CREDIT SUISSE4 years

Service code 28

ELEVEN MADISON AVENUE LEVEL 1B · NEW YORK, NY 10010

Investment Management

DELAWARE INVESTMENTS4 years

Filed as: DELAWARE

Service code 28

1 COMMERCE SQUARE 2005 MARKET STREE · PHILADELPHIA, PA 19103

Investment Management

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Filed as: FIDELITY

Service code 28 · EIN 04-2647786

Investment Management

MFS INVESTMENT MANAGEMENT5+ years

Filed as: MFS FUNDS

Service code 28 · EIN 04-2747644

Investment Management

CAHEC MANAGEMENT, INC. 401(K) RETIREMENT PLAN & TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAHEC MANAGEMENT, INC. 401(K) RETIREMENT PLAN & 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