Plan Snapshot
- Plan Sponsor: Community Access Unlimited, INC. Welfare Benefit Plan
- Sponsor EIN: 222318586
- Sponsor Address: 80 WEST GRAND STREET, ELIZABETH, NJ, 07202
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 636
- Total Assets: $8.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 636 | $8.1M | $12.5M | $527,212 |
| 2023 | 645 | $10.1M | $9.9M | $332,915 |
| 2022 | 594 | $9.9M | $14.2M | $270,286 |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $1,425,241 | — | $1,425,241 |
| COMMUNITY ACCESS UNLIMITED | Other Service Provider | $194,594 | — | $194,594 |
| BDO USA, P.C. | Auditor | $34,287 | — | $34,287 |
| MERRILL LYNCH | Other Service Provider | $34,048 | — | $34,048 |
| JLT CONSULTING | Other Service Provider | $26,393 | — | $26,393 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,714,563
- Estimated Expense Ratio: 21.081% 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 | $316,968 | $25,646 | $245,635 | $34,287 | — |
| 2023 | $399,638 | $30,742 | $331,145 | $29,200 | — |
| 2022 | $428,458 | $60,415 | — | — | $368,043 |