Plan Snapshot
- Plan Sponsor: Midwest Recover-Care
- Sponsor EIN: 814145433
- Sponsor Address: 3009 QUENTIN ROAD, BROOKLYN, NY, 11234
- Plan Type: 401(k)
- Total Participants: 4,569
- Total Assets: $9.1M
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 | 4,569 | $9.1M | $370,010 | $1.8M |
| 2023 | 3,320 | $7.0M | $242,593 | $1.7M |
| 2022 | 3,550 | $4.1M | $189,471 | $1.1M |
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 |
|---|---|---|---|---|
| FASTEN HALBERSTAM | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FASTEN HALBERSTAM — Auditor
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 | $78,123 | — | $64,903 | — | — |
| 2023 | $58,049 | — | — | $9,000 | — |
| 2022 | $24,585 | — | — | — | — |