Plan Snapshot
- Plan Sponsor: Hope & Cherish Home Care LLC
- Sponsor EIN: 474841317
- Sponsor Address: 3345 NEPTUNE AVE, BROOKLYN, NY, 11224
- Plan Type: DC
- Total Participants: 365
- Total Assets: $11,947
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 365 | $11,947 | $0 | $0 |
| 2023 | 344 | $16,257 | $0 | $0 |
| 2022 | 168 | $55,891 | $79,522 | $0 |
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 |
|---|---|---|---|---|
| STRAUS CPA PLLC | Auditor | — | — | $0 |
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 | $3,624 | — | — | — | — |
| 2023 | $28,184 | $12,000 | — | — | — |
| 2022 | $9,825 | — | — | — | — |