Plan Snapshot
- Plan Sponsor: Preferred Home Health Care & Nursing Services, INC.
- Sponsor EIN: 223607563
- Sponsor Address: 45 MAIN ST., EATONTOWN, NJ, 07724
- Plan Type: 401(k)
- Total Participants: 1,437
- Total Assets: $9.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,437 | $9.8M | $0 | $1.2M |
| 2023 | 1,457 | $8.6M | $0 | $1.2M |
| 2022 | 1,059 | $7.6M | $0 | $1.0M |
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 |
|---|---|---|---|---|
| EQUITABLE ADVISORS LLC | SERVICE PROVIDER | — | $23,121 | $23,121 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $23,121
- Estimated Expense Ratio: 0.237% 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 | $95,192 | — | $95,192 | — | — |
| 2023 | $69,653 | $69,653 | — | — | — |
| 2022 | $60,941 | $60,941 | — | — | — |