Plan Snapshot
- Plan Sponsor: Cassena Care, LLC
- Sponsor EIN: 273296874
- Sponsor Address: 225 CROSSWAYS PARK DRIVE, WOODBURY, NY, 11797
- Plan Type: 401(k)
- Total Participants: 2,868
- Total Assets: $97.4M
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 | 2,868 | $97.4M | $1.4M | $6.4M |
| 2023 | 2,015 | $87.2M | $2.6M | $6.2M |
| 2022 | 2,081 | $73.4M | $2.4M | $5.7M |
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 |
|---|---|---|---|---|
| JOHN HANCOCK LIFE INSURANCE COMPANY | Recordkeeper | $364,883 | — | $364,883 |
| ASSOCIATED PENSION CONSULTANTS INC | Recordkeeper | $113,246 | — | $113,246 |
| HMM, CPAS LLP | Auditor | $18,000 | — | $18,000 |
| CASSENA CARE LLC | Recordkeeper | $13,000 | — | $13,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE COMPANY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $509,129
- Estimated Expense Ratio: 0.523% 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 | $530,380 | — | $530,380 | — | — |
| 2023 | $315,037 | — | $315,037 | — | — |
| 2022 | $373,663 | — | $373,663 | — | — |