Plan Snapshot
- Plan Sponsor: 2nd Chance Treatment Centers, LLC
- Sponsor EIN: 464910506
- Sponsor Address: 16620 NORTH 40TH STREET, SUITE E-1, PHOENIX, AZ, 85032
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 0
- Total Assets: $30,503
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 0 | $30,503 | $532,435 | $294,795 |
| 2023 | 107 | $146,490 | $834,002 | $512,268 |
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 |
|---|---|---|---|---|
| EMPLOYEE BENEFITS INTERNATIONAL | Investment Advisor | $32,237 | — | $32,237 |
| THE BENECON GROUP | Investment Advisor | $15,167 | — | $15,167 |
| UMR | Other Service Provider | $12,635 | — | $12,635 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EMPLOYEE BENEFITS INTERNATIONAL — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,039
- Estimated Expense Ratio: 196.830% of plan assets
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 | $64,328 | — | $64,328 | — | — |
| 2023 | $127,421 | — | $127,421 | — | — |