Plan5500

Care Management, Inc. 401(K) Plan — Form 5500 plan (Care Management, Inc)

Plain-English plan summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Care Management, Inc. 401(K) Plan is a benefit plan reported by Care Management, Inc under EIN 11-3117425 and plan number 001. The latest loaded filing year is 2023. The filing reports 694 participants and $18,015,403 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$18MPlan net assets, end of year$18,015,403
Participants694Covered participants reported
Assets / participant$26KComputed: assets ÷ participants$25,959 (computed)
Provider compensation$96.4K2 Schedule C provider row(s)$96,447
Plan sponsor
Care Management, Inc
EIN
11-3117425
Plan number
001
Plan type
2
Location
Brooklyn, NY
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    694 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$18M total assets
Net assets$18MLiabilities—
Money in vs. money out
Total income / additions$4.3M
Total expenses$1.6M
Benefits paid / distributions$1.5M
Contributions
Employer$159K
Participant$1.5M
Full reported line items

Net assets

Total assets (EOY)
$18,015,403
Net assets (EOY)
$18,015,403
Net assets (BOY)
$15,306,617

Income & contributions

Employer contributions
$158,998
Participant contributions
$1,488,632
Total contributions
$1,694,725
Total income / additions
$4,308,008

Expenses & distributions

Benefits paid
$1,463,848
Administrative expenses
$96,447
Total expenses
$1,599,222
Net increase / (decrease)
$2,708,786
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 10%Participant 90%
Total expenses ÷ net assets9%Computed ratio
Benefits paid ÷ total income34%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Merrill Lynch Life Agency, Inc.$48.6K
    INVESTMENT ADVISORY · Direct $48.6K
  2. 2
    Transamerica Financial Life Insuran$47.9K
    RECORDKEEPER · Direct $47.9K · Indirect $0

Related Form 5500 pages