Remed Recovery Care Centers 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.

Remed Recovery Care Centers 401(k) Plan Facts (plan year 2021)

Plan name
REMED AND AFFILIATED COMPANIES 401 (K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
REMED RECOVERY CARE CENTERS
Participants
628 (366 active employees)
Former employees with a balance
214
Plan assets
$28,477,717 at Dec 31, 2021
Average account balance
$52,834 across 539 accounts
Employer contributions
$50,457 in plan year 2021 (4% of all contributions)
Recordkeeper
The Vanguard Group, Inc.
Plan year
Jan 1, 2021 – Dec 31, 2021
Plan established
Jan 1, 2018
✓ 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 14, 2022. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2021

  • $1.18 million went into the plan in contributions, $50,457 of it from the employer (4%).
  • $1.50 million was paid out to participants.
  • Investment and other income added $3.00 million.
  • Administrative expenses were $79,984, about $148 per account.

How the Remed Recovery Care Centers 401(k) changed, 2013–2021

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2013373$8.90 million$33,657$190,839
2014 (final)438$0$26,595$184,708
20186,309$12.5 million$40,133$432,818
2019913$15.1 million$44,587$1.27 million
2020653$16.7 million$51,264$1.16 million
2021628$28.5 million$50,457$1.50 million

Remed Recovery Care Centers 401(k) Contact Information

Phone
484-595-9300
Mailing address
16 INDUSTRIAL BLVD, SUITE 203, PAOLI PA 19301
Plan sponsor
REMED RECOVERY CARE CENTERS
Employer identification number (EIN)
23-2353631
Plan number
001

Questions about the Remed Recovery Care Centers 401(k)

Is the Remed Recovery Care Centers 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 Remed Recovery Care Centers contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2021 the employer contributed $50,457, 4% of all contributions.

Does the Remed Recovery Care Centers 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Remed Recovery Care Centers 401(k) plan?

628 participants at the start of plan year 2021, 366 of them active employees, and 214 former employees who still had money in the plan.

What is the average 401(k) balance at Remed Recovery Care Centers?

About $52,834 per account: $28.5 million in plan assets across 539 accounts with a balance at the end of plan year 2021.

Who manages the Remed Recovery Care Centers 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.

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