Department of Labor filing

PREFERRED CARE HOLDINGS, LLC

PREFERRED CARE OF NEW JERSEY 401(K) PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Jul 23, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

37filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$131

Reported employer contributions per active participant.

Higher than about 22% of comparable plans

#People in the filing

1,667

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$33 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 73% of comparable plans

↗Investment performance

Not available

Plan assets changed 41.5%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202437out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions22nd percentileTypical peer $404 · based on 237 comparable plans

Lower reported administrative expense73rd percentileTypical peer $61 · based on 259 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, PREFERRED CARE HOLDINGS, LLC reported $219,152 in employer contributions across the plan and 1,667 active participants. That works out to $131 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy97%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 44.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 27.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context37/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $219,152
Participant contributions: $1,251,925
Other contributions: $135,218
Employer share of reported contributions: 14.9%
Beginning assets: $3,320,235
Ending assets: $4,697,281
Ending net assets: $4,696,326
Ending liabilities: $955
Total income: $2,010,636
Total expenses: $634,545
Administrative expenses: $66,384
Participant loans: Not reported

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$91

2023

$100

2024

$131

Plan-paid administrative expenses per participant

2022

$26

2023

$30

2024

$33

Active participants

2022

967

2023

1,527

2024

1,667

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$131	1,667	4.7M	20250723131743NAL0002047395001
2023	$100	1,527	3.3M	20240730082548NAL0020372625001
2022	$91	967	1.8M	20230829092228NAL0002634387001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: Not stated in the filing
Independent accountant’s opinion: Disclaimer of opinion Code 3
Late participant contributions reported: Not stated in the filing
Public plan identifier: 475373918-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2018
Industry: Health care and social assistance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2J2K2F2G3D3H

Current plan terms

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Filing ACK_ID20250723131743NAL0002047395001

Data sourceDOL Form 5500 bulk data ↗

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