Plan Snapshot
- Plan Sponsor: Commcare Corporation
- Sponsor EIN: 720996315
- Sponsor Address: 950 WEST CAUSEWAY APPROACH, MANDEVILLE, LA, 70471
- Plan Type: 401(k)
- Total Participants: 1,911
- Total Assets: $20.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,911 | $20.8M | $1.7M | $3.2M |
| 2023 | 1,970 | $16.7M | $1.4M | $2.6M |
| 2022 | 1,061 | $13.3M | $979,065 | $1.8M |
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 |
|---|---|---|---|---|
| CARR, RIGGS & INGRAM, LLC | Auditor | $9,000 | — | $9,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,000
- Estimated Expense Ratio: 0.043% 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 | $92,426 | $3,338 | — | $9,000 | — |
| 2023 | $75,722 | $5,362 | — | $14,575 | — |
| 2022 | $86,608 | $6,930 | — | — | — |