Plan Snapshot
- Plan Sponsor: Long Island Care Center, INC.
- Sponsor EIN: 113096628
- Sponsor Address: 144-61 38TH AVENUE, FLUSHING, NY, 11354
- Plan Type: 401(k)
- Total Participants: 153
- Total Assets: $4.6M
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 | 153 | $4.6M | $116,807 | $227,530 |
| 2023 | 175 | $4.3M | $121,651 | $210,249 |
| 2022 | 154 | $4.9M | $92,272 | $142,319 |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | $4,970 | — | $4,970 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,970
- Estimated Expense Ratio: 0.108% 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 | $30,295 | $9,999 | — | $4,970 | — |
| 2023 | $29,632 | $10,000 | — | — | — |
| 2022 | $28,567 | — | — | — | — |