CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN

At the end of 2022, the total retirement plan assets of CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is $6,955,272.This plan was established in 1986.

At the end of 2022, the total number of retirement plan participants in CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is 203

In 2022, the average participant retirement account value for CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is $34,262

In 2022, the estimated average employee contribution amount per participant for CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is $1,997

In 2022, the estimated average employer match for an employee in CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is approximately $588

In 2022, CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN allocates $119,478 to match its employees’ contributions, providing an employer match rate of 29.91% of their contributions

In 2022, the total retirement plan asset growth rate of CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is -14.87%

In 2022, the estimated aggregate retirement account investment gain/loss for CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is -16.98%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN is 0.45%.

Enrollment Features

CAROLINA COUNTRY CLUB PROFIT SHARING AND SAVINGS PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.