Plan Snapshot
- Plan Sponsor: Care For U Plus LLC
- Sponsor EIN: 611493568
- Sponsor Address: 177 FRANKLIN CORNER RD 2B, LAWRENCE TOWNSHIP, NJ, 08648
- Plan Type: 401(k)
- Total Participants: 405
- Total Assets: $2.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 405 | $2.1M | $175,885 | $277,181 |
| 2023 | 352 | $1.8M | $161,192 | $266,389 |
| 2022 | 351 | $1.5M | $185,328 | $332,926 |
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 | $15,375 | — | $15,375 |
| TANKER CONSULTING GROUP LLC | INVESTMENT ADVISOR | $14,691 | — | $14,691 |
| NOVOGRADAC & COMPANY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVOGRADAC & COMPANY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $30,066
- Estimated Expense Ratio: 1.400% 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 | $31,112 | $15,670 | — | — | — |
| 2023 | $25,791 | $13,749 | — | — | — |
| 2022 | $20,537 | $10,080 | $10,457 | — | — |