Retirement plan

CARPENTERS SOUTHWEST ADMINISTRATIVE CORPORATION PROFIT SHARING PLAN

Name: CARPENTERS SOUTHWEST ADMINISTRATIVE CORP. - CARPENTERS SOUTHWEST ADMINISTRATIVE CORPORATION PROFIT SHARING PLAN (2020) Form 5500
Creator: CARPENTERS SOUTHWEST ADMINISTRATIVE CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARPENTERS SOUTHWEST ADMINISTRATIVE CORPORATION PROFIT SHARING PLAN, CARPENTERS SOUTHWEST ADMINISTRATIVE CORP.

CARPENTERS SOUTHWEST ADMINISTRATIVE CORP.EIN 95-3687194Plan #001PY 2020

533 S FREMONT AVE - LOS ANGELES, CA 90071213-739-9454

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$2.1M

+32.0% from 2019

Total participants

-10.6% from 2019

Average account balance

$49,338

+38.3% from 2019

Annual return

30.56%

+6.91 pp from 2019

Benchmarks

See 4,277 peers

Peer group

Industry56 - Administrative and Support and Waste Management and Remediation Services

Plan typeDefined contribution

Participants25-99

Cohort4,277 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.49M

Not enough data

1 years with asset history on file

Average account balance

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

$44K

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.

146

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.

93.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

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

+18.10%

Not enough data

1 years with return on file

Admin fee / account holder

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

$115

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

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 codes2F2G2J2T3D2E

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.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$289K

$8766 / participant

Other / not subdivided$289K100.0%

% of EOY assets

13.960%

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

$49,338

$52,279-5.6%

$89,414-44.8%

$79,852-38.2%

Participation rate

100.0%

57.5%+42.5pp

68.0%+32.0pp

69.6%+30.4pp

Annual return

30.56%

22.16%+8.4pp

245.50%-214.9pp

31.72%-1.2pp

Employer contribution / active EE

$2,466

$1,572+56.9%

$2,586-4.7%

$2,471-0.2%

Participant deferral / active EE

$6,757

$2,740+146.6%

$3,890+73.7%

$3,740+80.7%

Admin fee / account holder

$6,888

$3,356+105.2%

$4,883+41.1%

$5,306+29.8%

CARPENTERS SOUTHWEST ADMINISTRATIVE CORPORATION PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARPENTERS SOUTHWEST ADMINISTRATIVE CORPORATION PROFIT SHARING 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