Retirement plan

CARRIX, INC. RETIREMENT PLAN

Name: CARRIX, INC. - CARRIX, INC. RETIREMENT PLAN (2024) Form 5500
Creator: CARRIX, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARRIX, INC. RETIREMENT PLAN, CARRIX, INC.

CARRIX, INC.EIN 91-1653735Plan #002PY 2024

1131 SW KLICKITAT WAY - SEATTLE, WA 98134206-623-0304LinkedIn1001-5000 employees

Other plans on this EIN

2 filings

#003Retirement-$291.8M assets #004Retirement-$83.8M assets

Prospect flagsLow participant contribution

How to read this page

Total assets (EOY)

$362.2M

+19.5% from 2023

Total participants

1,868

+1.4% from 2023

Average account balance

$235,482

+12.1% from 2023

Annual return

12.10%

+19.72 pp from 2023

Benchmarks

See 265 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort265 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$362.17M

Not enough data

1 years with asset history on file

Average account balance

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

$235K

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.

1,538

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.

79.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+12.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$86

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 2 by compensation

Provider	Service type	Compensation
KESTRA INVESTMENT SERVICES LLC4 years Filed as: KESTRA ADVISORY SERVICES Service code 16 · EIN 35-2552359	Consulting	$68,348
FIDELITY INVESTMENTS INSTITUTIONAL9+ years Service code 64 · EIN 04-2647786	Recordkeeping Fees	$63,423

Plan features & details

Pension benefit codes2F2G2T3H2R2C2U

Plan features

2C
Money purchase plan
Money purchase pension plan other than a target benefit 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
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 participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$132K

$83 / participant

Recordkeeping$63K48.1%
Other / not subdivided$68K51.9%

% of EOY assets

0.036%

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: VWC, P.S.
Auditor EIN: 911007261
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$235,482

$81,301+189.6%

$76,089+209.5%

$199,921+17.8%

Participation rate

79.3%

70.1%+9.3pp

69.1%+10.2pp

72.0%+7.3pp

Annual return

12.10%

16.31%-4.2pp

360.94%-348.8pp

34.28%-22.2pp

Employer contribution / active EE

$8,032

$3,352+139.6%

$2,690+198.6%

$3,035+164.6%

Participant deferral / active EE

$4,721-100.0%

$4,259-100.0%

$5,089-100.0%

Admin fee / account holder

$86

$145-40.9%

$6,418-98.7%

$269-68.2%

Provider

Service type

Compensation

KESTRA INVESTMENT SERVICES LLC4 years

Filed as: KESTRA ADVISORY SERVICES

Service code 16 · EIN 35-2552359

Consulting

$68,348

FIDELITY INVESTMENTS INSTITUTIONAL9+ years

Service code 64 · EIN 04-2647786

Recordkeeping Fees

$63,423

CARRIX, INC. RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARRIX, INC. RETIREMENT 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