D/T CARSON ENTERPRISES EMPLOYEE STOCK OWNERSHIP PLAN · MURRIETA, CA · plan year 2024
Employer contribution per participant · 2024
$2,956
Carson Capital Corp.'s 2024 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 -$5,209,445 across 318 participant accounts, with employer contributions averaging $2,956 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other transportation & warehousing employers. active participation has grown from 226 to 331 since 2021.
Plan summary
Net assets, end of year-$5,209,445
Participants with balances318
Active participants331
Employer contributions$978,391
Employee contributions—
Employer contribution per active participant$2,956
Average account balance-$16,382
Benefits paid to participants$44,650
Plan auditUnmodified (clean) audit opinion
AuditorRP&B, INC. APAC
Plan history4
Yearassets · accounts · employer contribution
2024$-5.2M · 318 accts · $978K emplr
2023$-9.0M · 318 accts · $960K emplr
2022$-15.1M · 242 accts · $960K emplr
2021$-16.8M · 201 accts · $960K emplr
Administrative expenses, itemized · 2024
Trustee / custodial$100
Total administrative$100
Employer contributions to the Carson Capital Corp. plan · 2024
Employer contribution per active participant$2,956
Median for plans this size$540
2024$2,956 per active participant
2023$3,076 per active participant
2022$3,749 per active participant
2021$4,247 per active participant
Carson Capital Corp.'s 2024 employer contribution ran above the $540 median for plans its size, placing it in the top 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 330660737 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.