Carteret Management Corporation401(k)
CARTERET MANAGEMENT CORPORATION 401(K) PLAN · TAMPA, FL · plan year 2022
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Carteret Management Corporation reported $8,511 in plan administrative expenses for 2022: 1.22% of average plan assets, above the peer median. Employer contributions averaged $143 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 4 years on file its reported administrative ratio fell from 1.31% to 1.22%. The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other arts, entertainment & recreation employers. By assets it is among the smaller plans on file in Florida (3,453rd of 3,644), and 1,252nd of 1,311 in arts, entertainment & recreation. In 2022, employees put in $2.51 for every $1.00 the employer contributed; active participation has grown from 106 to 126 since 2018.
Carteret Management Corporation's 2022 employer contribution ran below the $331 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 2022 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 591348025 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.