Caresource Management Group Co 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2020. 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.

Caresource Management Group Co 401(k) Plan Facts (plan year 2020)

Plan name
CARESOURCE MANAGEMENT GROUP 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
CARESOURCE MANAGEMENT GROUP CO
Participants
5,062 (4,504 active employees)
Former employees with a balance
715
Plan assets
$292,828,135 at Dec 31, 2020
Average account balance
$58,519 across 5,004 accounts
Employer contributions
$16,560,907 in plan year 2020 (34% of all contributions)
Recordkeeper
Fidelity Investments Institutional
Plan year
Jan 1, 2020 – Dec 31, 2020
Plan established
Sep 1, 1997
✓ 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 2020 (Jan 1, 2020 – Dec 31, 2020), filed Oct 14, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2020

  • $49.5 million went into the plan in contributions, $16.6 million of it from the employer (34%).
  • $28.6 million was paid out to participants.
  • Investment and other income added $43.5 million.
  • Administrative expenses were $132,159, about $26 per account.

How the Caresource Management Group Co 401(k) changed, 2015–2020

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20152,186$78.8 million$6.13 million$5.25 million
20162,796$104.2 million$8.24 million$6.74 million
20173,554$146.9 million$10.6 million$8.88 million
20184,147$160.0 million$12.5 million$11.9 million
20194,622$228.6 million$14.3 million$15.1 million
20205,062$292.8 million$16.6 million$28.6 million

Caresource Management Group Co 401(k) Contact Information

Phone
937-531-2899
Mailing address
230 NORTH MAIN STREET, DAYTON OH 45402
Plan sponsor
CARESOURCE MANAGEMENT GROUP CO
Employer identification number (EIN)
31-1703368
Plan number
001

Questions about the Caresource Management Group Co 401(k)

Is the Caresource Management Group Co 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2020, and no later filing was found under this employer's EIN.

Does Caresource Management Group Co contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2020 the employer contributed $16.6 million, 34% of all contributions.

Does the Caresource Management Group Co 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Caresource Management Group Co 401(k) plan?

5,062 participants at the start of plan year 2020, 4,504 of them active employees, and 715 former employees who still had money in the plan.

What is the average 401(k) balance at Caresource Management Group Co?

About $58,519 per account: $292.8 million in plan assets across 5,004 accounts with a balance at the end of plan year 2020.

Who manages the Caresource Management Group Co 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTITUTIONAL) is the plan's recordkeeper, which is where participants log in to see their balance.

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