Plan Snapshot
- Plan Sponsor: Royal Care Certified Home Health Care, LLC
- Sponsor EIN: 471804313
- Sponsor Address: 6323 14TH AVENUE, BROOKLYN, NY, 11219
- Plan Type: 401(k)
- Total Participants: 7,265
- Total Assets: $3.8M
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 | 7,265 | $3.8M | $0 | $1.8M |
| 2023 | 4,469 | $1.9M | $0 | $1.1M |
| 2022 | 4,537 | $676,041 | $0 | $612,127 |
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 |
|---|---|---|---|---|
| BLATT & DAUMAN LLP | 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 | $45,532 | — | $43,882 | — | — |
| 2023 | $21,114 | — | $20,814 | — | — |
| 2022 | $7,454 | — | $7,454 | — | — |