The Cara Program 401(K) Plan — Form 5500 plan (The Cara Program)

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, The Cara Program 401(K) Plan is a benefit plan reported by The Cara Program under EIN 36-4268095 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $3,319,473 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.3MPlan net assets, end of year$3,319,473
Participants142Covered participants reported
Assets / participant$23.4KComputed: assets ÷ participants$23,377 (computed)
Provider compensation$28.7K2 Schedule C provider row(s)$28,725
Plan sponsor
The Cara Program
EIN
36-4268095
Plan number
001
Plan type
2
Location
Chicago, IL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H, C20240731152900NAL0022563809001
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)$3.3M total assets
Net assets$3.3MLiabilities$0
Money in vs. money out
Total income / additions$941.2K
Total expenses$813.5K
Benefits paid / distributions$784.7K
Contributions
Employer$164K
Participant$255K
Full reported line items

Net assets

Total assets (EOY)
$3,319,473
Total liabilities (EOY)
$0
Net assets (EOY)
$3,319,473
Net assets (BOY)
$3,191,694

Income & contributions

Employer contributions
$163,956
Participant contributions
$255,011
Total contributions
$449,698
Total income / additions
$941,233

Expenses & distributions

Benefits paid
$784,729
Administrative expenses
$28,725
Total expenses
$813,454
Net increase / (decrease)
$127,779
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.

Contribution share (employer vs. participant)
Employer 39%Participant 61%
Total expenses ÷ net assets25%Computed ratio
Benefits paid ÷ total income83%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$28,325$02023
Retirement Solutions AdvisorsCONTRACT ADMIN$400not reported in the loaded dataset2023

Related Form 5500 pages