Plan Snapshot
- Plan Sponsor: C.A.R.E.S. Community And Residential Empowerment Services, INC.
- Sponsor EIN: 463247953
- Sponsor Address: 105 WEST BROAD STREET, SUITE 200, TAMAQUA, PA, 18252
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 48
- Total Assets: $4,724
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. |
|---|---|---|---|---|
| 2025 | 48 | $4,724 | $0 | $0 |
| 2024 | 87 | $14,013 | $417,015 | $65,094 |
| 2023 | 92 | $61,915 | $851,207 | $174,011 |
| 2022 | 151 | $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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $40,231 | — | $40,231 |
| PATRIOT (POWER-KUNKLE GROUP, INC.) | Investment Advisor | $20,498 | — | $20,498 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $60,729
- Estimated Expense Ratio: 1285.542% 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 |
|---|---|---|---|---|---|
| 2025 | $724,067 | — | — | — | — |
| 2024 | $378,858 | — | — | — | — |
| 2023 | $1,163,598 | — | — | — | — |
| 2022 | — | — | — | — | — |