Civic Intelligence

Bounds Asset Management Inc.

Plan context: CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN

EIN 56-1914874 • Chapel Hill, NC • 40 filings • 11 plans

217 Providence RoadChapel Hill, NC 27514
Current Snapshot

Latest Year

2024

2024 Participants

2

2024 Assets

$1,419,842

2024 Contributions

$49,800

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$2,557,459$1,278,730$0199920132024YearValue
$1,419,842Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

320199920122024YearValue
2Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202412$1,419,842$0-
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$1,419,842$0-
202312$1,275,163$49,800$24,900iApproximate average salary by contribution assumption: employee only about $622,500 at 4% or $415,000 at 6%; with 50% employer match about $415,000 at 4% or $276,667 at 6%; with 100% employer match about $311,250 at 4% or $207,500 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$1,275,163$49,800$24,900iApproximate average salary by contribution assumption: employee only about $622,500 at 4% or $415,000 at 6%; with 50% employer match about $415,000 at 4% or $276,667 at 6%; with 100% employer match about $311,250 at 4% or $207,500 at 6%.
202212$1,059,186$45,300$22,650iApproximate average salary by contribution assumption: employee only about $566,250 at 4% or $377,500 at 6%; with 50% employer match about $377,500 at 4% or $251,667 at 6%; with 100% employer match about $283,125 at 4% or $188,750 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$1,059,186$45,300$22,650iApproximate average salary by contribution assumption: employee only about $566,250 at 4% or $377,500 at 6%; with 50% employer match about $377,500 at 4% or $251,667 at 6%; with 100% employer match about $283,125 at 4% or $188,750 at 6%.
202112$1,137,977$0-
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$1,137,977$0-
202012$1,049,349$0-
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$1,049,349$0-
201912$967,927$0-
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$967,927$0-
201822$2,557,459$250,100$125,050iApproximate average salary by contribution assumption: employee only about $3,126,250 at 4% or $2,084,167 at 6%; with 50% employer match about $2,084,167 at 4% or $1,389,444 at 6%; with 100% employer match about $1,563,125 at 4% or $1,042,083 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-1$1,689,024$210,000$210,000iApproximate average salary by contribution assumption: employee only about $5,250,000 at 4% or $3,500,000 at 6%; with 50% employer match about $3,500,000 at 4% or $2,333,333 at 6%; with 100% employer match about $2,625,000 at 4% or $1,750,000 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$868,435$40,100$20,050iApproximate average salary by contribution assumption: employee only about $501,250 at 4% or $334,167 at 6%; with 50% employer match about $334,167 at 4% or $222,778 at 6%; with 100% employer match about $250,625 at 4% or $167,083 at 6%.
201712$837,914$0-
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$837,914$0-
201622$2,076,918$115,000$57,500iApproximate average salary by contribution assumption: employee only about $1,437,500 at 4% or $958,333 at 6%; with 50% employer match about $958,333 at 4% or $638,889 at 6%; with 100% employer match about $718,750 at 4% or $479,167 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-1$1,312,323$115,000$115,000iApproximate average salary by contribution assumption: employee only about $2,875,000 at 4% or $1,916,667 at 6%; with 50% employer match about $1,916,667 at 4% or $1,277,778 at 6%; with 100% employer match about $1,437,500 at 4% or $958,333 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$764,595$0-
201522$1,800,349$234,500$117,250iApproximate average salary by contribution assumption: employee only about $2,931,250 at 4% or $1,954,167 at 6%; with 50% employer match about $1,954,167 at 4% or $1,302,778 at 6%; with 100% employer match about $1,465,625 at 4% or $977,083 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$1,115,019$200,000$100,000iApproximate average salary by contribution assumption: employee only about $2,500,000 at 4% or $1,666,667 at 6%; with 50% employer match about $1,666,667 at 4% or $1,111,111 at 6%; with 100% employer match about $1,250,000 at 4% or $833,333 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-2$685,330$34,500$17,250iApproximate average salary by contribution assumption: employee only about $431,250 at 4% or $287,500 at 6%; with 50% employer match about $287,500 at 4% or $191,667 at 6%; with 100% employer match about $215,625 at 4% or $143,750 at 6%.
201423$1,842,761$246,400$82,133iApproximate average salary by contribution assumption: employee only about $2,053,333 at 4% or $1,368,889 at 6%; with 50% employer match about $1,368,889 at 4% or $912,593 at 6%; with 100% employer match about $1,026,667 at 4% or $684,444 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$1,025,974$215,000$107,500iApproximate average salary by contribution assumption: employee only about $2,687,500 at 4% or $1,791,667 at 6%; with 50% employer match about $1,791,667 at 4% or $1,194,444 at 6%; with 100% employer match about $1,343,750 at 4% or $895,833 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-3$816,787$31,400$10,467iApproximate average salary by contribution assumption: employee only about $261,667 at 4% or $174,444 at 6%; with 50% employer match about $174,444 at 4% or $116,296 at 6%; with 100% employer match about $130,833 at 4% or $87,222 at 6%.
201323$1,696,972$239,322$79,774iApproximate average salary by contribution assumption: employee only about $1,994,350 at 4% or $1,329,567 at 6%; with 50% employer match about $1,329,567 at 4% or $886,378 at 6%; with 100% employer match about $997,175 at 4% or $664,783 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$868,249$215,000$107,500iApproximate average salary by contribution assumption: employee only about $2,687,500 at 4% or $1,791,667 at 6%; with 50% employer match about $1,791,667 at 4% or $1,194,444 at 6%; with 100% employer match about $1,343,750 at 4% or $895,833 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-3$828,723$24,322$8,107iApproximate average salary by contribution assumption: employee only about $202,683 at 4% or $135,122 at 6%; with 50% employer match about $135,122 at 4% or $90,081 at 6%; with 100% employer match about $101,342 at 4% or $67,561 at 6%.
201223$1,344,027$230,545$76,848iApproximate average salary by contribution assumption: employee only about $1,921,208 at 4% or $1,280,806 at 6%; with 50% employer match about $1,280,806 at 4% or $853,870 at 6%; with 100% employer match about $960,604 at 4% or $640,403 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-3$719,420$30,545$10,182iApproximate average salary by contribution assumption: employee only about $254,542 at 4% or $169,694 at 6%; with 50% employer match about $169,694 at 4% or $113,130 at 6%; with 100% employer match about $127,271 at 4% or $84,847 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$624,607$200,000$100,000iApproximate average salary by contribution assumption: employee only about $2,500,000 at 4% or $1,666,667 at 6%; with 50% employer match about $1,666,667 at 4% or $1,111,111 at 6%; with 100% employer match about $1,250,000 at 4% or $833,333 at 6%.
201123$1,036,009$226,920$75,640iApproximate average salary by contribution assumption: employee only about $1,891,000 at 4% or $1,260,667 at 6%; with 50% employer match about $1,260,667 at 4% or $840,444 at 6%; with 100% employer match about $945,500 at 4% or $630,333 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-3$621,945$46,920$15,640iApproximate average salary by contribution assumption: employee only about $391,000 at 4% or $260,667 at 6%; with 50% employer match about $260,667 at 4% or $173,778 at 6%; with 100% employer match about $195,500 at 4% or $130,333 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$414,064$180,000$90,000iApproximate average salary by contribution assumption: employee only about $2,250,000 at 4% or $1,500,000 at 6%; with 50% employer match about $1,500,000 at 4% or $1,000,000 at 6%; with 100% employer match about $1,125,000 at 4% or $750,000 at 6%.
201023$824,529$184,018$61,339iApproximate average salary by contribution assumption: employee only about $1,533,483 at 4% or $1,022,322 at 6%; with 50% employer match about $1,022,322 at 4% or $681,548 at 6%; with 100% employer match about $766,742 at 4% or $511,161 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-3$582,239$56,018$18,673iApproximate average salary by contribution assumption: employee only about $466,817 at 4% or $311,211 at 6%; with 50% employer match about $311,211 at 4% or $207,474 at 6%; with 100% employer match about $233,408 at 4% or $155,606 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$242,290$128,000$64,000iApproximate average salary by contribution assumption: employee only about $1,600,000 at 4% or $1,066,667 at 6%; with 50% employer match about $1,066,667 at 4% or $711,111 at 6%; with 100% employer match about $800,000 at 4% or $533,333 at 6%.
200923$616,587$118,719$39,573iApproximate average salary by contribution assumption: employee only about $989,325 at 4% or $659,550 at 6%; with 50% employer match about $659,550 at 4% or $439,700 at 6%; with 100% employer match about $494,663 at 4% or $329,775 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN, PERSHING CUSTODIAN-3$509,186$11,318$3,773iApproximate average salary by contribution assumption: employee only about $94,317 at 4% or $62,878 at 6%; with 50% employer match about $62,878 at 4% or $41,919 at 6%; with 100% employer match about $47,158 at 4% or $31,439 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$107,401$107,401$53,701iApproximate average salary by contribution assumption: employee only about $1,342,513 at 4% or $895,008 at 6%; with 50% employer match about $895,008 at 4% or $596,672 at 6%; with 100% employer match about $671,256 at 4% or $447,504 at 6%.
200812$305,405$44,453$22,227iApproximate average salary by contribution assumption: employee only about $555,663 at 4% or $370,442 at 6%; with 50% employer match about $370,442 at 4% or $246,961 at 6%; with 100% employer match about $277,831 at 4% or $185,221 at 6%.
CGROIING FINGNCIGI INCORPORGTCD 401K PIGN PERSHING CUSTODIGN-2$305,405$44,453$22,227iApproximate average salary by contribution assumption: employee only about $555,663 at 4% or $370,442 at 6%; with 50% employer match about $370,442 at 4% or $246,961 at 6%; with 100% employer match about $277,831 at 4% or $185,221 at 6%.
200713$0$0-
CAROLINA FINANCIAL INCORPORATED 401K PLAN PERSHING CUSTODIAN-3---
200613$270,123$60,499$20,166iApproximate average salary by contribution assumption: employee only about $504,158 at 4% or $336,106 at 6%; with 50% employer match about $336,106 at 4% or $224,070 at 6%; with 100% employer match about $252,079 at 4% or $168,053 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN PERSHING CUSTODIAN-3$270,123$60,499$20,166iApproximate average salary by contribution assumption: employee only about $504,158 at 4% or $336,106 at 6%; with 50% employer match about $336,106 at 4% or $224,070 at 6%; with 100% employer match about $252,079 at 4% or $168,053 at 6%.
200513$193,752$62,550$20,850iApproximate average salary by contribution assumption: employee only about $521,250 at 4% or $347,500 at 6%; with 50% employer match about $347,500 at 4% or $231,667 at 6%; with 100% employer match about $260,625 at 4% or $173,750 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN PERSHING CUSTODIAN-3$193,752$62,550$20,850iApproximate average salary by contribution assumption: employee only about $521,250 at 4% or $347,500 at 6%; with 50% employer match about $347,500 at 4% or $231,667 at 6%; with 100% employer match about $260,625 at 4% or $173,750 at 6%.
200413$126,011$40,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN PERSHING CUSTODIAN-3$126,011$40,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
200313$80,052$40,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
CAROLINA FINANCIAL INCORPORATED 401K PLAN PERSHING CY.STODIAN-3$80,052$40,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
200233$40,023$40,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
CAROLINA FINACIAL INCORPORATED 401K PLAN DLJSC CUSTODIAN-3$40,023$40,000$13,333iApproximate average salary by contribution assumption: employee only about $333,333 at 4% or $222,222 at 6%; with 50% employer match about $222,222 at 4% or $148,148 at 6%; with 100% employer match about $166,667 at 4% or $111,111 at 6%.
Bounds Asset Management Inc. Money Purchase Pension Plan Dljsc Custodian-0---
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-0---
200122$0$0-
Bounds Asset Management Inc. Money Purchase Pension Plan Dljsc Custodian-2---
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2---
200022$210,986$38,662$19,331iApproximate average salary by contribution assumption: employee only about $483,275 at 4% or $322,183 at 6%; with 50% employer match about $322,183 at 4% or $214,789 at 6%; with 100% employer match about $241,638 at 4% or $161,092 at 6%.
Bounds Asset Management Inc. Money Purchase Pension Plan Dljsc Custodian-2$109,492$16,305$8,153iApproximate average salary by contribution assumption: employee only about $203,813 at 4% or $135,875 at 6%; with 50% employer match about $135,875 at 4% or $90,583 at 6%; with 100% employer match about $101,906 at 4% or $67,938 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-2$101,494$22,357$11,179iApproximate average salary by contribution assumption: employee only about $279,463 at 4% or $186,308 at 6%; with 50% employer match about $186,308 at 4% or $124,206 at 6%; with 100% employer match about $139,731 at 4% or $93,154 at 6%.
199923$252,144$37,312$12,437iApproximate average salary by contribution assumption: employee only about $310,933 at 4% or $207,289 at 6%; with 50% employer match about $207,289 at 4% or $138,193 at 6%; with 100% employer match about $155,467 at 4% or $103,644 at 6%.
Bounds Asset Management Inc. Money Purchase Pension Plan Dljsc Custodian-3$135,821$14,925$4,975iApproximate average salary by contribution assumption: employee only about $124,375 at 4% or $82,917 at 6%; with 50% employer match about $82,917 at 4% or $55,278 at 6%; with 100% employer match about $62,188 at 4% or $41,458 at 6%.
Bounds Asset Management Inc. Profit Sharing Plan Dljsc Custodian-3$116,323$22,387$7,462iApproximate average salary by contribution assumption: employee only about $186,558 at 4% or $124,372 at 6%; with 50% employer match about $124,372 at 4% or $82,915 at 6%; with 100% employer match about $93,279 at 4% or $62,186 at 6%.