Plan Snapshot
- Plan Sponsor: Americare Pharmaceutical Services, INC.
- Sponsor EIN: 113067498
- Sponsor Address: 317 NASSAU BLVD., GARDEN CITY, NY, 11530
- Plan Type: 401(k)
- Total Participants: 104
- Total Assets: $8.9M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 104 | $8.9M | $280,307 | $565,471 |
| 2023 | 126 | $6.0M | $262,793 | $536,614 |
| 2022 | 95 | $3.9M | $268,115 | $447,641 |
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 |
|---|---|---|---|---|
| SHEEHAN & COMPANY, CPA, PC | 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 | $2,320 | — | $2,320 | — | — |
| 2023 | — | — | — | — | — |
| 2022 | — | — | — | — | — |