Plan Snapshot
- Plan Sponsor: Communicare, INC
- Sponsor EIN: 453694769
- Sponsor Address: 107 CRANES ROOST CT, ELIZABETHTOWN, KY, 42701
- Plan Type: 401(k)
- Total Participants: 447
- 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. |
|---|---|---|---|---|
| 2023 | 447 | $7.0M | $295,837 | $472,331 |
| 2022 | 447 | $5.7M | $324,054 | $475,996 |
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 |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | Recordkeeper | $67,638 | — | $67,638 |
| GLOBAL RETIREMENT PARTNERS LLC | Investment Advisor | $39,540 | — | $39,540 |
| CREATIVE RETIREMENT SYSTEMS, INC. | Recordkeeper | $14,784 | $260 | $15,044 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS — Recordkeeper
- GLOBAL RETIREMENT PARTNERS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $122,222
- Estimated Expense Ratio: 1.736% 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 |
|---|---|---|---|---|---|
| 2023 | $60,983 | — | — | — | — |
| 2022 | $66,420 | — | — | — | — |