Original filing (PDF)20251022145934NAL0001211059001

REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM, INC.

Name: REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM, INC. — RECAP 401(K) RETIREMENT PLAN, Form 5500 (2024)
Creator: REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM, INC.

Form 5500

FILING_RECEIVED

RECAP 401(K) RETIREMENT PLAN

401(k) retirement plan

Signals · 3

Late participant contributions29% in single holding~77 bps in Sched C fees

Active participants

129

Accounts w/ balance

141

Plan assets (EOY)

$2.0M

Net assets (EOY)

$2.0M

How this plan invests

This plan

24 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

/ 100

Grade C

Average plan with room to improve

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM, INC..

Plan sponsor

Name

REGIONAL ECONOMIC COMMUNITY ACTION PROGRAM, INC.

EIN

14-1493667

Address

40 SMITH STREET · MIDDLETOWN, NY · 10940

Phone

(845) 421-6237

Industry

Health Care & Social Assistancesee all

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-22

Pension benefit codes

2S · Automatic enrollment

2E · Profit-sharing

3D · Pre-approved plan (master / prototype / VS)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2F · ERISA section 404(c)

2T · Default investment account (QDIA)

Service providers (Schedule C)

2 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE VANGUARD GROUP, INC.	23-1945930	—	NONE	$7K	—

Other service providers

Name	EIN	Location	Relation	Direct comp	Indirect comp
FOCUSED WEALTH MANAGEMENT.	—	HIGHLAND, NY	NONE	$9K	—

Investments

24 direct securities· $2.0M(100% of reported assets)

Other securities

$1.6M

21 holdings

Cash / Money Market

$329K

1 holding

Participant loans

$21K

1 holding

Common Stock

$13K

1 holding

					% of plan
Vanguard Growth Index Adm Vanguard 0	Other securities	—	—	$564K	28.7%
Vanguard Federal Money Market Inv Vanguard 0	Cash / Money Market	—	—	$329K	16.8%
Vanguard Dividend Apprec Index Adm Vanguard 0	Other securities	—	—	$274K	14.0%
Vanguard 500 Index Adm Vanguard 0	Other securities	—	—	$212K	10.8%
Vanguard Total Bond Market Index Adm Vanguard 0	Other securities	—	—	$103K	5.2%
Vanguard Total Stock Market Index Adm Vanguard 0	Other securities	—	—	$88K	4.5%
Vanguard Total Intl Bond Index Adm Vanguard 0	Other securities	—	—	$79K	4.0%
Vanguard Developed Mkts Index Adm Vanguard 0	Other securities	—	—	$73K	3.7%
Vanguard Value Index Adm Vanguard 0	Other securities	—	—	$53K	2.7%
Vanguard Pacific Stock Index Adm Vanguard 0 156 Vanguard Small-Cap Index Adm Vanguard 0	Other securities	—	—	$42K	2.1%
Vanguard Mid Cap Index Adm Vanguard 0	Other securities	—	—	$25K	1.3%
Vanguard Short-Term Bond Index Adm Vanguard 0	Other securities	—	—	$21K	1.1%
Various Rates and Maturities Participant's Loan Account 0	Participant loans	—	—	$21K	1.1%
Vanguard High Yield Corp Adm Vanguard 0 373 Vanguard Target Retirement 2060 Fund Vanguard 0	Common Stock	—	—	$13K	0.7%
Vanguard Real Estate Index Adm Vanguard 0	Other securities	—	—	$11K	0.6%
Vanguard Inflation-Protected Sec Inv Vanguard 0	Other securities	—	—	$9K	0.5%
Vanguard Target Retirement 2045 Fund Vanguard 0	Other securities	—	—	$9K	0.5%
Vanguard Interm-Term Bond Index Adm Vanguard 0	Other securities	—	—	$8K	0.4%
Vanguard Emerging Mkts Stock Idx Adm Vanguard 0	Other securities	—	—	$7K	0.4%
Vanguard Target Retirement 2050 Fund Vanguard 0	Other securities	—	—	$6K	0.3%
Vanguard Target Retirement 2035 Fund Vanguard 0	Other securities	—	—	$4K	0.2%
Vanguard Target Retirement 2020 Fund Vanguard 0 173 Vanguard Target Retirement Income Fund Vanguard 0	Other securities	—	—	$4K	0.2%
Vanguard Target Retirement 2040 Fund Vanguard 0	Other securities	—	—	$3K	0.2%
Vanguard Target Retirement 2030 Fund Vanguard 0	Other securities	—	—	$2K	<0.1%