Plan Snapshot
- Plan Sponsor: Clever Care Health Plan INC.
- Sponsor EIN: 832354214
- Sponsor Address: 7711 CENTER AVENUE, HUNTINGTON BEACH, CA, 92647
- Plan Type: 401(k)
- Total Participants: 204
- Total Assets: $7.0M
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 | 204 | $7.0M | $639,253 | $1.4M |
| 2023 | 174 | $4.9M | $547,259 | $1.3M |
| 2022 | 147 | $2.6M | $411,556 | $923,857 |
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 |
|---|---|---|---|---|
| LUCAS, HORSFALL, MURPHY & PINDROH, | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LUCAS, HORSFALL, MURPHY & PINDROH, — 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 | $1,120 | — | $1,120 | — | — |
| 2023 | $1,035 | — | $1,035 | — | — |
| 2022 | $300 | — | $300 | — | — |