How big is Carerite Centers, LLC's plan?

Carerite Centers, LLC's plan reported $31.8M in assets and 2,409 participants for 2024.

Original filing (PDF)20251014150406NAL0004322704001

Carerite Centers, LLC

Name: Carerite Centers, LLC — Carerite Centers, LLC 401(k), Form 5500 (2024)
Creator: Carerite Centers, LLC
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Carerite Centers, LLC 401(k) Plan

401(k) retirement plan · Carerite Centers, LLC's Carerite Centers, LLC 401(k) Plan held $31.8M in plan assets for 2,409 participants in 2024, with Empowerannuityinsurancecompanyofame as recordkeeper.

Signals · 1

Late participant contributions

Active participants

2,409

Accounts w/ balance

706

Plan assets (EOY)

$31.8M

Net assets (EOY)

$31.8M

People on this filing

Mark Friedman signed Carerite Centers, LLC's 2024 Form 5500 as plan administrator.

Mark Friedman — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Carerite Centers, LLC's EIN is 45-2505538.

EIN 45-2505538

Plan number 003

Plan year 2024

ACK ID 20251014150406NAL0004322704001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Carerite Centers, LLC from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Carerite Centers, LLC's plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for CARERITE CENTERS, LLC.

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How this plan invests

This plan

39 securities

funds · stocks · CUSIPs

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

Plan health score

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

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 101K (4% of contributions).
Total administrative cost in the bottom quartile of peers (13th percentile).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (2nd percentile).
Bottom-decile employer contributions per participant (3rd percentile).

Plan sponsor

Name

CARERITE CENTERS, LLC

EIN

all filings

Address

36 AIRPORT ROAD · SUITE 102 · LAKEWOOD, NJ · 08701

Phone

(732) 370-8090

Industry

Health Care & Social Assistance

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

003

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-14

Pension benefit codes

2A · Age/service weighted or new comparability

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2T · Default investment account (QDIA)

2U · Association Retirement Plan

Service providers (Schedule C)

4 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
EMPOWERANNUITYINSURANCECOMPANYOFAME	—	GREENWOOD VILLAGE, CO	RECORDKEEPER PROVIDER	$69K	—
EMPOWER ADVISORY GROUP, LLC	—	GREENWOOD VILLAGE, CO	INVESTMENT MGMT	$10K	—

Investment manager

Name	EIN	Location	Relation	Direct comp	Indirect comp

Investments

39 direct securities· $32.0M(100% of reported assets)

Mutual Funds

$19.7M

32 holdings

Stable Value

$7.3M

1 holding

Common Collective Trusts

$4.0M

1 holding

Bonds / Notes

$664K

1 holding

Other securities

$299K

4 holdings

					% of plan
bEI Fixed Account - Series Class VI Guaranteed investment contract	Stable Value	—	—	$7.3M	22.9%
Fidelity 500 Index Mutual Fund	Common Collective Trusts	—	—	$4.0M	12.6%
Large Cap Growth / MFS Fund Mutual Fund	Mutual Funds	—	—	$4.0M	12.6%
Fidelity U.S. Bond Index Mutual Fund	Mutual Funds	—	—	$1.6M	5.1%
Fidelity Freedom Index 2040 Fund Mutual Fund	Mutual Funds	—	—	$1.3M	4.1%
Fidelity Freedom Index 2035 Fund Mutual Fund	Mutual Funds	—	—	$1.2M	3.8%
Fidelity Mid Cap Index Mutual Fund	Mutual Funds	—	—	$1.2M	3.7%
Fidelity Freedom Index 2025 Fund Mutual Fund	Mutual Funds	—	—	$1.2M	3.7%
Putnam Large Cap Value Mutual Fund	Mutual Funds	—	—	$1.1M	3.5%
Fidelity Freedom Index 2030 Fund Mutual Fund	Mutual Funds	—	—	$1.0M	3.3%
Fidelity Small Cap Index Mutual Fund	Mutual Funds	—	—	$953K	3.0%
Fidelity Freedom Index 2045 Fund Mutual Fund	Mutual Funds	—	—	$811K	2.5%
Fidelity Freedom Index 2020 Fund Mutual Fund	Mutual Funds	—	—	$799K	2.5%
Participant loans Bearing interest at 4.25%‐9.50%	Bonds / Notes	—	—	$664K	2.1%
Fidelity Freedom Index 2050 Fund Mutual Fund	Mutual Funds	—	—	$641K	2.0%
Fidelity Freedom Index 2055 Fund Mutual Fund	Mutual Funds	—	—	$618K	1.9%
Fidelity Freedom Index 2010 Fund Mutual Fund	Mutual Funds	—	—	$502K	1.6%
Janus Henderson Enterprise Fund Mutual Fund	Mutual Funds	—	—	$437K	1.4%
American Funds Intl Growth and Income Fund Mutual Fund	Mutual Funds	—	—	$396K	1.2%
Fidelity Freedom Index 2015 Fund Mutual Fund	Mutual Funds	—	—	$354K	1.1%
MFS Intl Growth Equity Fund (IS Platform) Mutual Fund	Mutual Funds	—	—	$289K	0.9%
Fidelity International Index Mutual Fund	Mutual Funds	—	—	$286K	0.9%
Empower Multi-Sector Bond Inst Mutual Fund	Other securities	—	—	$194K	0.6%
Invesco Discovery Mutual Fund	Mutual Funds	—	—	$136K	0.4%
Fidelity Sustainability Bond Index Mutual Fund	Mutual Funds	—	—	$124K	0.4%
Fidelity Emerging Markets Index Mutual Fund	Mutual Funds	—	—	$121K	0.4%
Fidelity US Sustainability Index Mutual Fund	Mutual Funds	—	—	$113K	0.4%
Fidelity Intl Sustainability Index Mutual Fund	Mutual Funds	—	—	$104K	0.3%
Fidelity Freedom Index 2060 Fund Mutual Fund	Mutual Funds	—	—	$92K	0.3%
BlackRock Strategic Global Bond Fund Mutual Fund	Other securities	—	—	$79K	0.2%
DFA Real Estate Securities Mutual Fund	Mutual Funds	—	—	$67K	0.2%
Fidelity Freedom Index 2065 Fund Mutual Fund	Mutual Funds	—	—	$62K	0.2%
Putnam Asset Allocation Growth Mutual Fund	Mutual Funds	—	—	$52K	0.2%
DFA US Targeted Value I Mutual Fund	Mutual Funds	—	—	$38K	0.1%
Putnam Dynamic Asset Allocation Balanced Mutual Fund	Mutual Funds	—	—	$21K	<0.1%
PGIM High-Yield Mutual Fund	Other securities	—	—	$18K	<0.1%
Fidelity Freedom Index Inc Instl Prem Mutual Fund	Mutual Funds	—	—	$13K	<0.1%
American Century Mid Cap Value (IS Platform) Mutual Fund	Other securities	—	—	$8K	<0.1%
Putnam Dynamic Asset Allocation Conservative Mutual Fund	Mutual Funds	—	—	$7K	<0.1%