Plan Snapshot
- Plan Sponsor: Always Compassionate Home Care INC.
- Sponsor EIN: 833110397
- Sponsor Address: 265 BROAD HOLLOW ROAD, MELVILLE, NY, 117474833
- Plan Type: 401(k)
- Total Participants: 2,047
- Total Assets: $2.4M
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 | 2,047 | $2.4M | $0 | $397,736 |
| 2023 | 1,519 | $2.2M | $0 | $388,886 |
| 2022 | 1,198 | $2.0M | $0 | $366,349 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $22,215 | — | $22,215 |
| MAZARS USA LLP | Other Service Provider | $20,800 | — | $20,800 |
| DANZIGER & MARKHOFF LLP | Recordkeeper | $16,062 | $448 | $16,510 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,525
- Estimated Expense Ratio: 2.444% 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 | $59,096 | — | $59,096 | — | — |
| 2023 | $71,598 | $5,287 | $66,311 | — | — |
| 2022 | $51,386 | — | $23,388 | — | $27,998 |