Carc, Inc.401(k)
CARC, INC. 401(K) PLAN · CARLSBAD, NM · plan year 2024
Peer grade: C · admin costs + employer contributions vs same-size plans · how grading works
Carc, Inc. reported $39,323 in plan administrative expenses for 2024: 1.15% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,297 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.
Across the 2 years on file its reported administrative ratio fell from 1.33% to 1.15%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in New Mexico (205th of 290), and 8,666th of 11,911 in health care & social assistance. In 2024, employees put in $1.99 for every $1.00 the employer contributed.
Carc, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size. 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 850197103 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.