Care Plus Nj, Inc. Union Plan — Form 5500 plan (Care Plus Nj, 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 Plus Nj, Inc. Union Plan is a benefit plan reported by Care Plus Nj, Inc. under EIN 22-2181654 and plan number 002. The latest loaded filing year is 2023. The filing reports 367 participants and $3,404,780 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.4MPlan net assets, end of year$3,404,780
Participants367Covered participants reported
Assets / participant$9.3KComputed: assets ÷ participants$9,277 (computed)
Provider compensation$21.1K4 Schedule C provider row(s)$21,123
Plan sponsor
Care Plus Nj, Inc.
EIN
22-2181654
Plan number
002
Plan type
2
Location
Paramus, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023367H, C20241015140352NAL0029903617001
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)$3.4M total assets
Net assets$3.4MLiabilities$0
Money in vs. money out
Total income / additions$740.2K
Total expenses$236.1K
Benefits paid / distributions$214.9K
Contributions
Employer$38.5K
Participant$166K
Full reported line items

Net assets

Total assets (EOY)
$3,404,780
Total liabilities (EOY)
$0
Net assets (EOY)
$3,404,780
Net assets (BOY)
$2,900,640

Income & contributions

Employer contributions
$38,531
Participant contributions
$166,044
Total contributions
$245,792
Total income / additions
$740,195

Expenses & distributions

Benefits paid
$214,948
Administrative expenses
$21,107
Total expenses
$236,055
Net increase / (decrease)
$504,140

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$20,200$02023
Hudson Heritage Capital MgmtOTHER SERVICES$0$9232023
Wilshire Associates IncorporatedINVESTMENT ADVISORY$0$02023
Morningstar Investment ManagementINV ADV, PARTICIPANTS$0$02023

Related Form 5500 pages