Overview

Plan Rating

BrightScope Rating
49
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (23)
Average in Peer Group (50)
Highest in Peer Group (73)

Plan Description

24 Carrots 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 49. 24 Carrots 401k Plan currently has over 200 active participants and over $1.1M in plan assets.

Did you know?

For the average 401k participant, the 24 point difference between this plan's BrightScope Rating (49) and the top rated plan (73) could equate to:
10
Additional years of work
126,543
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2016
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 17851 Sky Park Circle, Suite F
  • Location
    Irvine , CA
  • 92614
  • Industry
    Accommodation and Food Services
  • Administrator
    David Fabian
  • Net Plan Assets
    $1,130,000
  • Total Participants
    220
  • Avg Account Balance
    $7,400

Plan Components

Component Ratings

Design

Total Plan Cost:
High Fees
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Poor

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Below Avg.
Account Balance:
Poor
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

30

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Vanguard Group Target Retirement 71%
N/A
Loomis Sayles Investment Grade Bond 5%
N/A
Participant Loans 3%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Insurance Carrier
Transamerica
Insurance Advisor/Broker
Western International Securities
Recordkeeper
Transamerica
Recordkeeper
Hicks Pension Services
Auditor
Kushner, Smith, Joanou & Gregson, LLP

Articles and Questions

Boeing Plan Report (Updated)

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Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

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