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Original filing (PDF)20251007124055NAL0008147312001
ICARE MANAGEMENT, LLC
Form 5500
FILING_RECEIVED
ICARE 401(K) PLAN AND TRUST AGREEMENT
401(k) retirement plan
Active participants
1,786
Accounts w/ balance
689
Plan assets (EOY)
$23.7M
Net assets (EOY)
$23.7M
How this plan invests
This plan
25 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
86
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
65
Knocking points off
- 44 bps in Schedule C fees — 52% above peer band of 29 bps.
- Only 39% as many balances as active participants — suggests many active employees aren't deferring.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for ICARE MANAGEMENT, LLC.
Plan sponsor
Name
ICARE MANAGEMENT, LLC
EIN
91-2089152
Address
341 BIDWELL STREET · MANCHESTER, CT · 06040
Phone
(860) 570-2140
Industry
Health Care & Social Assistancesee all
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
2025-10-07
Pension benefit codes
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)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
PLANTE & MORAN, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $65K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDUCIENT ADVISORS | 20-4751585 | — | INVESTMENT ADVISOR | $35K | — |
TPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PENSION CONSULTANTS, INC. | 06-1504963 | — | THIRD PARTY ADMIN | $5K | — |
Investments
25 direct securities· $22.9M(97% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Instl Target Ret 2035 | — | — | — | $4.7M | 19.8% | |
| Vanguard Instl Target Ret 2030 | — | — | — | $4.2M | 17.8% | |
| Vanguard Instl Target Ret 2045 | — | — | — | $2.2M | 9.4% | |
| Vanguard Instl Target Ret 2040 | — | — | — | $2.2M | 9.2% | |
| Vanguard Instl Target Ret 2025 | — | — | — | $2.0M | 8.6% | |
| Vanguard 500 Index Fund | — | — | — | $931K | 3.9% | |
| Participants Participant notes receivable - Interest rates ranging from 4.25 to 9.50 percent - | — | — | — | $928K | 3.9% | |
| T. Rowe Price Blue Chip Growth Fund | — | — | — | $838K | 3.5% | |
| Vanguard Instl Target Ret 2050 | — | — | — | $829K | 3.5% | |
| Vanguard Instl Target Ret 2020 | — | — | — | $694K | 2.9% | |
| Massachusetts Mutual Life Insurance Company Capital Preservation Account | — | — | — | $555K | 2.3% | |
| Vanguard Instl Target Ret 2055 | — | — | — | $463K | 2.0% | |
| Vanguard Instl Target Ret 2060 | — | — | — | $316K | 1.3% | |
| MFS Value Fund | — | — | — | $274K | 1.2% | |
| Vanguard Instl Target Ret Inc | — | — | — | $259K | 1.1% | |
| Vanguard Extended Market Index Fund | — | — | — | $254K | 1.1% | |
| Eaton Vance Atlanta Cap SMID - C | — | — | — | $238K | 1.0% | |
| BlackRock Total Return Fund | — | — | — | $233K | 1.0% | |
| Vanguard Total International Stock Index Fund | — | — | — | $230K | 1.0% | |
| Vanguard Total Bond Market Index Fund D | — | — | — | $200K | 0.8% | |
| Empower Annuity Insurance Company of America E I Fixed Account - Series Class III | — | — | — | $98K | 0.4% | |
| Vanguard Instl Target Ret 2065 | — | — | — | $83K | 0.3% | |
| American Funds Europacific Gr Fund | — | — | — | $76K | 0.3% | |
| Empower Trust Company, LLC AB Discovery Value Fund | — | — | — | $50K | 0.2% | |
| Massachusetts Mutual Life Insurance Company Money market fund - MassMutual US Government Money Market | — | — | — | $15K | <0.1% |
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