Plan Snapshot
- Plan Sponsor: Care Dimensions, INC.
- Sponsor EIN: 222873792
- Sponsor Address: 75 SYLVAN STREET SUITE B-102, DANVERS, MA, 01923
- Plan Type: DC
- Total Participants: 525
- Total Assets: $19.0M
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 | 525 | $19.0M | $1.7M | $0 |
| 2023 | 504 | $16.5M | $1.8M | $0 |
| 2022 | 516 | $13.0M | $1.7M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $72,058 | — | $72,058 |
| HAND BENEFITS AND TRUST COMPANY DBA | Investment Advisor | $25,814 | — | $25,814 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $97,872
- Estimated Expense Ratio: 0.515% 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 | $98,441 | $26,383 | — | — | — |
| 2023 | $79,606 | $20,926 | — | — | — |
| 2022 | $79,359 | $4,348 | $66,721 | — | $8,290 |