Retirement plan

CARBON ACTIVATED CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST

Name: CARBON ACTIVATED CORPORATION - CARBON ACTIVATED CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST (2021) Form 5500
Creator: CARBON ACTIVATED CORPORATION
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CARBON ACTIVATED CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST, CARBON ACTIVATED CORPORATION

CARBON ACTIVATED CORPORATIONEIN 95-4577883Plan #001PY 2021

2250 S. CENTRAL AVENUE - COMPTON, CA 90220310-885-4555LinkedIn1-10 employees

Prospect flagsLow returnsHigh feesLow participationFailed to transmit contributions

How to read this page

Total assets (EOY)

$4.2M

+19.5% from 2020

Total participants

134

+3.1% from 2020

Average account balance

$44,168

+24.5% from 2020

Annual return

11.92%

-3.57 pp from 2020

Benchmarks

See 2,249 peers

Peer group

Industry42 - Wholesale Trade

Plan typeDefined contribution

Participants100-249

Cohort2,249 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$6.12M

Not enough data

1 years with asset history on file

Average account balance

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

$58K

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.

106

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.

70.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$827K

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

+13.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1510

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
IRON-CO-FID-COMPREHENSIVE4 years Filed as: IRON FINANCIAL, LLC Service code 26 · EIN 26-2409194 630 DUNDEE RD · NORTHBROOK, IL 60062	Advisory (Participants)	$16,917
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP INC. Service code 13 · EIN 27-2037969	Contract Administrator	$13,980

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D3F3H

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.
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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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

4 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$34K

$279 / participant

Investment mgmt$17K50.1%
Contract admin$14K41.4%
Other / not subdivided$3K8.5%

% of EOY assets

0.814%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BORODA HOLM, A PROFESSIONAL CORP.
Auditor EIN: 952848059
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$44,168

$93,182-52.6%

$146,643-69.9%

$79,391-44.4%

Participation rate

66.9%

76.4%-9.5pp

80.1%-13.1pp

70.7%-3.8pp

Annual return

11.92%

21.61%-9.7pp

22.75%-10.8pp

116.88%-105.0pp

Employer contribution / active EE

$1,856

$2,420-23.3%

$4,137-55.1%

$2,428-23.6%

Participant deferral / active EE

$3,060

$4,169-26.6%

$5,506-44.4%

$4,046-24.4%

Admin fee / account holder

$359

$585-38.6%

$10,280-96.5%

$627-42.6%

Provider

Service type

Compensation

IRON-CO-FID-COMPREHENSIVE4 years

Filed as: IRON FINANCIAL, LLC

Service code 26 · EIN 26-2409194

630 DUNDEE RD · NORTHBROOK, IL 60062

Advisory (Participants)

$16,917

NEWPORT GROUP, INC.1 year

Filed as: NEWPORT GROUP INC.

Service code 13 · EIN 27-2037969

Contract Administrator

$13,980

CARBON ACTIVATED CORPORATION 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CARBON ACTIVATED CORPORATION 401(K) PROFIT SHARING 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