Monmouth Cares, Inc. 401(K) Plan — Form 5500 plan (Monmouth Cares, 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, Monmouth Cares, Inc. 401(K) Plan is a benefit plan reported by Monmouth Cares, Inc. under EIN 22-3769040 and plan number 001. The latest loaded filing year is 2023. The filing reports 142 participants and $6,381,801 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Monmouth Cares, Inc.
EIN
22-3769040
Plan number
001
Plan type
2
Location
West Long Branch, NJ
Latest filing year
2023
Participants
142
End-of-year plan assets
$6,381,801

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023142H, C20250331094433NAL0006203169001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$6,381,801
Net assets (EOY)
$6,381,801
Net assets (BOY)
$5,819,209

Income & contributions

Employer contributions
$638,250
Participant contributions
$415,241
Total contributions
$1,097,717
Total income / additions
$1,871,920

Expenses & distributions

Benefits paid
$1,260,980
Administrative expenses
$48,348
Total expenses
$1,309,328
Net increase / (decrease)
$562,592

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$42,634$02023
Osaic Wealth, IncBROKER/ADVISOR$0$14,5402023
Intac Actuarial ServicesCONTRACT ADMIN$3,925$5,2902023

Related Form 5500 pages