Profile
Carrus 401(K) and Profit Sharing Plan in Lehi, UT is in Lehi, UT, its EIN is 870631382, its industry group is Educational Services, its plan administrator is Harry Roessner, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 611000, has 100 to 499 total participants, and is better than the overall participant averages in each of net income per total participant, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total).
Numeric values:
- total assets at beginning of plan year ($8,131,557)
- net assets (assets minus liabilities) ($6.70M)
- total assets ($6,693,818)
- value of interest in registered investment companies (e.g., mutual funds) ($6.50M)
- total expenses ($1,641,807)
- total contributions ($1,559,477)
- cash contributions from participants ($1,015,583)
- cash contributions from employers ($436,206)
- total income ($204,068)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($125,198)
- participant loans ($28,726)
- average account balance ($18,491)
- average employer+participant cash contribution per active participant ($9,247)
- average participant cash contribution per active participant ($6,469)
- average employer cash contribution per active participant ($2,778)
- contract administrator fees ($2,655)
- total administrative expenses ($2,655)
- total administrative expense per participant ($7.33)
- total noninterest-bearing cash ($0)
- receivables - employer contributions ($0)
- receivables - participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- net income per total participant (-$3,972)
- earnings on investments (-$1,355,409)
- net earnings on investments (-$1,355,409)
- net income (-$1,437,739)
- percentage of active participants (43.4%)
- diversity of asset types (3.8%)
- total cash as a percentage of plan assets (1.87%)
- participant loans as a percentage of plan assets (0.43%)
- total administrative expense ratio (0.040%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-16.67%)
- growth in total assets during the plan year (-17.7%)
- active participants (157)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (362)
- other retired or separated participants entitled to future benefits (184)
- retired or separated participants receiving benefits (21)
- total participants (362)