Better Healthcare Ot/pt, Pllc 401(k) Plan: Login, Facts & Contact Information

Better Healthcare Ot/pt, Pllc 401(k) Plan Facts

Plan name
BETTER HEALTHCARE OT/PT, PLLC 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
BETTER HEALTHCARE OT/PT, PLLC
Participants
100 (59 active employees)
Former employees with a balance
45
Plan assets
$3,859,324 at Dec 31, 2022
Average account balance
$44,876 across 86 accounts
Employer contributions
$376 in plan year 2022 (0% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 2001
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 11, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $167,744 went into the plan in contributions, $376 of it from the employer (0%).
  • $68,683 was paid out to participants.
  • Administrative expenses were $8,897, about $103 per account.

How the Better Healthcare Ot/pt, Pllc 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017167$3.40 million$106,055$1.22 million
2018181$2.82 million—$626,973
2019186$3.25 million—$440,208
2020116$3.66 million$0$112,092
2021104$4.36 million$0$175,789
2022100$3.86 million$376$68,683

Better Healthcare Ot/pt, Pllc 401(k) Contact Information

Phone
914-373-6520
Mailing address
10 VESCHI LANE SOUTH, MAHOPAC NY 10541
Plan sponsor
BETTER HEALTHCARE OT/PT, PLLC
Employer identification number (EIN)
04-3779848
Plan number
001

Questions about the Better Healthcare Ot/pt, Pllc 401(k)

Does Better Healthcare Ot/pt, Pllc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $376, 0% of all contributions.

Does the Better Healthcare Ot/pt, Pllc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Better Healthcare Ot/pt, Pllc 401(k) plan?

100 participants at the start of plan year 2022, 59 of them active employees, and 45 former employees who still had money in the plan.

What is the average 401(k) balance at Better Healthcare Ot/pt, Pllc?

About $44,876 per account: $3.86 million in plan assets across 86 accounts with a balance at the end of plan year 2022.

Who manages the Better Healthcare Ot/pt, Pllc 401(k) accounts?

Vanguard (listed on the filing as THE VANGUARD GROUP, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Better Healthcare Ot/pt, Pllc. How do I access my 401(k)?

Your account stays with Vanguard after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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