Plan Ledger DOL Form 5500 · updated monthly

Carc Inc.401(k)

CARC INC. 401K PLAN · LAKE CHARLES, LA · plan year 2022

Employer contribution per participant · 2022
$66

Carc Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $1,159,700 across 34 participant accounts, with employer contributions averaging $66 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Louisiana (803rd of 884), and 10,769th of 11,911 in health care & social assistance. In 2022, employees put in $3.98 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,159,700
Participants with balances34
Active participants149
Employer contributions$9,780
Employee contributions$38,896
Employer contribution per active participant$66
Average account balance$34,109
Benefits paid to participants$71,304
Plan auditDisclaimer of opinion
AuditorGRAGSON, CASIDAY & GUILLORY, LLP2
The Carc Inc. 401(k) match · 2022
Employer contribution per active participant$66
Median for plans this size$1,114

Carc Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

Similar plansHealth Care & Social Assistance · Louisiana
Options, Inc LA$1.1M · 0.08%
Larc, Inc. LA$962K · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720946698 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.