Carrols Corporation Retirement Savings Plan — Form 5500 plan (Carrols Corporation)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Carrols Corporation Retirement Savings Plan is a benefit plan reported by Carrols Corporation under EIN 16-0958146 and plan number 002. The latest loaded filing year is 2023. The filing reports 3,205 participants and $75,788,759 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$75.8MPlan net assets, end of year$75,788,759
Participants3.2KCovered participants reported3,205
Assets / participant$23.6KComputed: assets ÷ participants$23,647 (computed)
Provider compensation$245.1K1 Schedule C provider row(s)$245,070
Plan sponsor
Carrols Corporation
EIN
16-0958146
Plan number
002
Plan type
2
Location
Syracuse, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20233,205H, C20241014082013NAL0045296608001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$75.8M total assets
Net assets$75.8MLiabilities$0
Money in vs. money out
Total income / additions$18M
Total expenses$8.7M
Benefits paid / distributions$8.4M
Contributions
Employer$2M
Participant$6.3M
Full reported line items

Net assets

Total assets (EOY)
$75,788,759
Total liabilities (EOY)
$0
Net assets (EOY)
$75,788,759
Net assets (BOY)
$66,498,556

Income & contributions

Employer contributions
$1,972,587
Participant contributions
$6,327,162
Total contributions
$8,914,117
Total income / additions
$17,996,801

Expenses & distributions

Benefits paid
$8,446,209
Administrative expenses
$245,070
Total expenses
$8,706,598
Net increase / (decrease)
$9,290,203

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER9$245,070$02023

Related Form 5500 pages