Plan Snapshot
- Plan Sponsor: Carco Group, INC.
- Sponsor EIN: 112504343
- Sponsor Address: 8707 COMMERCE DRIVE SUITE A, EASTON, MD, 21601
- Plan Type: 401(k)
- Total Participants: 566
- Total Assets: $37.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 566 | $37.4M | $1.0M | $3.2M |
| 2023 | 626 | $33.6M | $1.1M | $3.3M |
| 2022 | 714 | $29.0M | $1.2M | $3.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | INVESTMENT/FINANCIAL ADVI | $90,369 | — | $90,369 |
| ADP, INC. | RECORD KEEPER | $20,803 | — | $20,803 |
| EICHEN & DIMEGLIO P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — INVESTMENT/FINANCIAL ADVI
- ADP, INC. — RECORD KEEPER
- EICHEN & DIMEGLIO P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,172
- Estimated Expense Ratio: 0.297% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $111,172 | $90,369 | — | — | — |
| 2023 | $97,197 | $79,925 | — | — | — |
| 2022 | $96,497 | — | — | — | — |