Careonsite, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2021. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Careonsite, Inc. 401(k) Plan Facts (plan year 2021)

Plan name
CAREONSITE, INC. EMPLOYEES' 401(K) & PROFIT SHARING PLAN
Plan type
401(k) and profit sharing
Plan sponsor
CAREONSITE, INC.
Participants
821 (553 active employees)
Former employees with a balance
55
Plan assets
$9,607,611 at Dec 31, 2021
Average account balance
$47,562 across 202 accounts
Employer contributions
$123,298 in plan year 2021 (13% of all contributions)
Recordkeeper
Professional Capital Services, Llc
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 1996
— 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 2021 (Jan 1, 2021 – Dec 31, 2021), filed Oct 12, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $920,382 went into the plan in contributions, $123,298 of it from the employer (13%).
  • $965,144 was paid out to participants.
  • Investment and other income added $1.02 million.
  • Administrative expenses were $64,205, about $318 per account.

How the Careonsite, Inc. 401(k) changed, 2016–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2016227$4.14 million$0$28,668
2017242$5.28 million—$43,899
2018327$5.58 million—$117,021
2019391$7.25 million—$241,308
2020440$8.66 million—$297,634
2021821$9.61 million$123,298$965,144

Careonsite, Inc. 401(k) Contact Information

Phone
562-437-0831
Mailing address
1250 PACIFIC AVENUE, LONG BEACH CA 90813
Plan sponsor
CAREONSITE, INC.
Employer identification number (EIN)
95-3427723
Plan number
002

Questions about the Careonsite, Inc. 401(k)

Is the Careonsite, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2021, and no later filing was found under this employer's EIN.

Does Careonsite, Inc contribute to the 401(k)?

The plan does not report an employer matching arrangement on its Form 5500. It did report $123,298 in employer contributions for plan year 2021.

Does the Careonsite, Inc 401(k) have automatic enrollment?

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

How many people are in the Careonsite, Inc 401(k) plan?

821 participants at the start of plan year 2021, 553 of them active employees, and 55 former employees who still had money in the plan.

What is the average 401(k) balance at Careonsite, Inc?

About $47,562 per account: $9.61 million in plan assets across 202 accounts with a balance at the end of plan year 2021.

Who manages the Careonsite, Inc 401(k) accounts?

PCS Retirement (listed on the filing as PROFESSIONAL CAPITAL SERVICES, LLC) is the plan's recordkeeper, which is where participants log in to see their balance.

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