Carlie CS Operation Center Inc. 401(k) Review & Grade
Carlie CS 401k Plan
Dunn, NCRetail Trade1,180 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$303Employer $ per active participant
$450Employee $ saved per active participant
0.14%Direct admin cost, % of plan assets
$9.5MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity11.5 / 5023th percentile for employer $ per participant
- Low cost16.2 / 2565th percentile for low admin cost vs. same-size plans
- Employee saving0.6 / 154th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Retail Trade plans with 500–2,499 active participants (719 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 23th |
| Lower admin cost | 65th |
| Employee saving | 4th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Carlie CS Operation Center put in about $303 per active participant, below the typical peer ($743). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $357,392 |
| Participant (employee) contributions | $530,762 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $12,793 |
| Contract administrator fees | $2,221 |
| Investment advisory & management fees | $1,572 |
| Benefits paid out | $1,021,785 |
| Net assets, start / end of year | $8.6M / $9.5M |
| Active participants, start / end of year | 1,181 / 1,179 |
| Participants with account balances | 197 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bernard Robinson & Co. |
Largest service providers (Schedule C)
| American United Life Insurance Co | $32,045 reported compensation |
| Edward D Jones and Co | $19,454 reported compensation |
| Bernard Robinson & Co | $14,000 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251009124051NAL0006996769001, received 2025-10-09, EIN 56-1275088, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.