Us Carenet, Inc. 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $13.8 million was transferred out of the plan. Assets moved to the MD REVOLUTION, INC. RETIREMENT TRUST (sponsored by MD REVOLUTION, INC.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Us Carenet, Inc. 401(k) Plan Facts (plan year 2023)

Plan name
US CARENET, INC 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
US CARENET, INC
Participants
440
Former employees with a balance
0
Employer contributions
$3 in plan year 2023
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2023 – Nov 30, 2023
Plan established
Jul 1, 1998
✓ 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 2023 (Jan 1, 2023 – Nov 30, 2023), filed Nov 15, 2024. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $207,726 went into the plan in contributions, $3 of it from the employer (0%).
  • $3.31 million was paid out to participants.
  • Investment and other income added $1.56 million.

How the Us Carenet, Inc. 401(k) changed, 2018–2023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20181,013$15.8 million$-735$2.89 million
2019932$18.1 million$62,221$1.26 million
2020846$18.3 million$87,371$2.52 million
2021769$18.9 million$417$2.36 million
2022373$15.4 million$-293$1.64 million
2023 (final)440$0$3$3.31 million

Us Carenet, Inc. 401(k) Contact Information

Phone
760-518-5705
Mailing address
699 BROAD STREET SUITE 1001, AUGUSTA GA 30901
Plan sponsor
US CARENET, INC
Employer identification number (EIN)
47-5019190
Plan number
001

Questions about the Us Carenet, Inc. 401(k)

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

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the MD REVOLUTION, INC. RETIREMENT TRUST.

Does Us Carenet, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2023 the employer contributed $3, 0% of all contributions.

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

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

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

440 participants at the start of plan year 2023.

Who manages the Us Carenet, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

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