# Newcare Medical Group 401(k) Plan
Source: https://planprovider.pro/companies/newcare-medical-group-401k-plan

> Newcare Medical Group's 401(k) plan: 9 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Newcare Medical Group

- **Sponsor EIN:** 272470370

- **Sponsor Address:** 466 FOOTHILL BLVD STE 391, LA CANADA FLINTRIDGE, CA, 910113518

- **Plan Type:** 401(k)

- **Total Participants:** 9

- **Total Assets:** $738,625

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** Yes

- **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|9|$738,625|$19,778|$94,257|

| 2023|10|$1.1M|$20,592|$93,898|

| 2022|9|$878,869|$16,541|$93,579|

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