Plan Snapshot
- Plan Sponsor: Carter Motors, INC.
- Sponsor EIN: 910721708
- Sponsor Address: 5202 LEARY AVE NW, SEATTLE, WA, 981074821
- Plan Type: 401(k)
- Total Participants: 327
- Total Assets: $13.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 327 | $13.1M | $466,936 | $1.6M |
| 2023 | 271 | $11.0M | $0 | $1.5M |
| 2022 | 261 | $8.8M | $0 | $1.3M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $53,807 | — | $53,807 |
| NORTHWESTERN MUTUAL WEALTH MGMT CO | ADVISOR | $23,006 | — | $23,006 |
| OLIVER CAPITAL MANAGEMENT INC | ADVISOR | $17,053 | — | $17,053 |
| BDO USA, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- NORTHWESTERN MUTUAL WEALTH MGMT CO — ADVISOR
- BDO USA, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $93,866
- Estimated Expense Ratio: 0.717% 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 | $93,865 | $40,059 | — | — | — |
| 2023 | $90,347 | $62,915 | — | — | — |
| 2022 | $89,979 | — | — | — | — |