Plan Snapshot
- Plan Sponsor: 1st Choice Home Care Services, I
- Sponsor EIN: 205990304
- Sponsor Address: 8501 NEW UTRECHT AVENUE, BROOKLYN, NY, 11214
- Plan Type: 401(k)
- Total Participants: 1,475
- Total Assets: $456,071
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 1,475 | $456,071 | $145,908 | $26,345 |
| 2023 | 227 | $303,039 | $297,159 | $3,540 |
| 2022 | 251 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|
| TRAILBREAKER ACCOUNTING | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $27,186 | $3,363 | — | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |