Plan Snapshot
- Plan Sponsor: Future Care Health And Management Corporation
- Sponsor EIN: 521508636
- Sponsor Address: 8028 RITCHIE HIGHWAY, SUITE 210B, PASADENA, MD, 21122
- Plan Type: 401(k)
- Total Participants: 2,215
- Total Assets: $57.4M
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 | 2,215 | $57.4M | $632,889 | $4.7M |
| 2023 | 2,195 | $52.1M | $338,099 | $4.5M |
| 2022 | 2,515 | $45.0M | $4,249 | $4.6M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $86,526 | — | $86,526 |
| NFP RETIREMENT INC | INVESTMENT ADVISOR | $54,936 | $27,027 | $81,963 |
| NFP CORPORATE SERVICES (PA) INC | PLAN ADMINISTRATION | $9,502 | — | $9,502 |
| GORFINE SCHILLER & GARDYN, PA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — INVESTMENT ADVISOR
- GORFINE SCHILLER & GARDYN, PA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $177,991
- Estimated Expense Ratio: 0.310% 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 | $150,964 | $70,970 | $78,738 | — | — |
| 2023 | $143,040 | $36,665 | $106,375 | — | — |
| 2022 | $202,651 | $99,526 | $103,125 | — | — |