Plan5500

Carotek, Inc. 401(K) Profit Sharing Plan — Form 5500 plan (Carotek, 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, Carotek, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Carotek, Inc. under EIN 56-1712853 and plan number 002. The latest loaded filing year is 2023. The filing reports 226 participants and $25,091,871 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Carotek, Inc.
EIN
56-1712853
Plan number
002
Plan type
2
Location
Matthews, NC
Latest filing year
2023
Participants
226
End-of-year plan assets
$25,091,871

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023226H, C20240916153627NAL0000719635001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$25,091,871
Total liabilities (EOY)
$0
Net assets (EOY)
$25,091,871
Net assets (BOY)
$22,206,074

Income & contributions

Employer contributions
$248,547
Participant contributions
$1,381,163
Total contributions
$1,727,825
Total income / additions
$5,477,111

Expenses & distributions

Benefits paid
$2,521,155
Administrative expenses
$70,159
Total expenses
$2,591,314
Net increase / (decrease)
$2,885,797

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ascensus LLCNONE$49,271$02023
One Digital Investment AdvisorsNONE$17,914not reported in the loaded dataset2023
Nextcapital Group, Inc.NONE$2,974not reported in the loaded dataset2023

Related Form 5500 pages