Plan Snapshot
- Plan Sponsor: Care Plus Nj, INC.
- Sponsor EIN: 222181654
- Sponsor Address: 610 VALLEY HEALTH PLAZA, PARAMUS, NJ, 076523607
- Plan Type: 401(k)
- Total Participants: 382
- Total Assets: $3.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 382 | $3.9M | $53,466 | $221,370 |
| 2023 | 278 | $3.4M | $38,531 | $166,044 |
| 2022 | 219 | $2.9M | $46,495 | $185,487 |
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 |
|---|---|---|---|---|
| SAX LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SAX LLP — Auditor
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 | $24,853 | — | $24,853 | — | — |
| 2023 | $21,107 | — | $21,107 | — | — |
| 2022 | $21,392 | — | $21,392 | — | — |