Carolina Dealerships, Inc. Welfare Benefit Trust Cafeteria Plan — Form 5500 plan (Carolina Dealerships Inc)
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, Carolina Dealerships, Inc. Welfare Benefit Trust Cafeteria Plan is a benefit plan reported by Carolina Dealerships Inc under EIN 20-0465434 and plan number 501. The latest loaded filing year is 2023. The filing reports 3,069 participants and $6,294,229 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$6.3MPlan net assets, end of year$6,294,229
Participants3.1KCovered participants reported3,069
Assets / participant$2.1KComputed: assets ÷ participants$2,051 (computed)
Provider compensation$954.3K1 Schedule C provider row(s)$954,297
- Plan sponsor
- Carolina Dealerships Inc
- EIN
- 20-0465434
- Plan number
- 501
- Plan type
- 3
- Location
- Winston-Salem, NC
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 3,069 | H, C | 20241204123013NAL0008015122001 |
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)$6.3M total assets
Net assets$6.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $6,294,229
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,294,229
- Net assets (BOY)
- $4,477,910
Income & contributions
- Employer contributions
- $15,032,062
- Participant contributions
- $12,719,853
- Total contributions
- $27,751,915
- Total income / additions
- $27,790,181
Expenses & distributions
- Benefits paid
- $23,204,706
- Administrative expenses
- $2,769,156
- Total expenses
- $25,973,862
- Net increase / (decrease)
- $1,816,319
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
54%46%
Employer 54%Participant 46%
Total expenses ÷ net assets413%Computed ratio
Benefits paid ÷ total income83%Computed ratio
Provider comp. ÷ net assets15%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bcbs Of North Carolina | NONE | $954,297 | not reported in the loaded dataset | 2023 |