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Plan Name | ABSOLUT RETIREMENT SAVINGS PLAN |
Plan identification number | 001 |
401k Plan Type | Defined Contribution Pension |
Plan Features/Benefits |
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Company Name: | AVANTE CARE MANAGEMENT LLC |
Employer identification number (EIN): | 471678841 |
NAIC Classification: | 623000 |
NAIC Description: | Nursing and Residential Care Facilities |
Additional information about AVANTE CARE MANAGEMENT LLC
Jurisdiction of Incorporation: | New York Department of State |
Incorporation Date: | 2014-08-25 |
Company Identification Number: | 4626290 |
Legal Registered Office Address: |
255 WARNER AVENUE Nassau ROSLYN HEIGHTS United States of America (USA) 11577 |
More information about AVANTE CARE MANAGEMENT LLC
Plan id# | Filing Submission Date | Name of Administrator | Date Administrator Signed | Name of Company Sponsor | Date Sponsor Signed |
---|---|---|---|---|---|
001 | 2022-01-01 | ||||
001 | 2021-01-01 | ||||
001 | 2020-01-01 |
Measure | Date | Value |
---|---|---|
2022: ABSOLUT RETIREMENT SAVINGS PLAN 2022 401k membership | ||
Total participants, beginning-of-year | 2022-01-01 | 992 |
Total number of active participants reported on line 7a of the Form 5500 | 2022-01-01 | 796 |
Number of retired or separated participants receiving benefits | 2022-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2022-01-01 | 225 |
Total of all active and inactive participants | 2022-01-01 | 1,021 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2022-01-01 | 0 |
Total participants | 2022-01-01 | 1,021 |
Number of participants with account balances | 2022-01-01 | 835 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2022-01-01 | 0 |
2021: ABSOLUT RETIREMENT SAVINGS PLAN 2021 401k membership | ||
Total participants, beginning-of-year | 2021-01-01 | 1,148 |
Total number of active participants reported on line 7a of the Form 5500 | 2021-01-01 | 769 |
Number of retired or separated participants receiving benefits | 2021-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2021-01-01 | 223 |
Total of all active and inactive participants | 2021-01-01 | 992 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2021-01-01 | 0 |
Total participants | 2021-01-01 | 992 |
Number of participants with account balances | 2021-01-01 | 771 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2021-01-01 | 0 |
2020: ABSOLUT RETIREMENT SAVINGS PLAN 2020 401k membership | ||
Total participants, beginning-of-year | 2020-01-01 | 788 |
Total number of active participants reported on line 7a of the Form 5500 | 2020-01-01 | 805 |
Number of retired or separated participants receiving benefits | 2020-01-01 | 0 |
Number of other retired or separated participants entitled to future benefits | 2020-01-01 | 343 |
Total of all active and inactive participants | 2020-01-01 | 1,148 |
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits | 2020-01-01 | 0 |
Total participants | 2020-01-01 | 1,148 |
Number of participants with account balances | 2020-01-01 | 849 |
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested | 2020-01-01 | 0 |
Measure | Date | Value |
---|---|---|
2022 : ABSOLUT RETIREMENT SAVINGS PLAN 2022 401k financial data | ||
Total transfer of assets to this plan | 2022-12-31 | $131,796 |
Total income from all sources (including contributions) | 2022-12-31 | $-1,349,612 |
Total of all expenses incurred | 2022-12-31 | $1,546,831 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,374,132 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $726,468 |
Value of total assets at end of year | 2022-12-31 | $11,029,526 |
Value of total assets at beginning of year | 2022-12-31 | $13,794,173 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $172,699 |
Total interest from all sources | 2022-12-31 | $2,770 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
Value of fidelity bond cover | 2022-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
Contributions received from participants | 2022-12-31 | $706,378 |
Participant contributions at end of year | 2022-12-31 | $49,067 |
Participant contributions at beginning of year | 2022-12-31 | $54,196 |
Participant contributions at end of year | 2022-12-31 | $7,877 |
Participant contributions at beginning of year | 2022-12-31 | $13,169 |
Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $4,376 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Value of net income/loss | 2022-12-31 | $-2,896,443 |
Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $11,029,526 |
Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $13,794,173 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $10,736,766 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $13,473,902 |
Interest on participant loans | 2022-12-31 | $2,770 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $235,488 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $252,880 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $252,880 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,078,850 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
Contributions received in cash from employer | 2022-12-31 | $15,714 |
Employer contributions (assets) at end of year | 2022-12-31 | $328 |
Employer contributions (assets) at beginning of year | 2022-12-31 | $26 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,374,132 |
Contract administrator fees | 2022-12-31 | $172,699 |
Did the plan have assets held for investment | 2022-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
Accountancy firm name | 2022-12-31 | EFPR GROUP, CPAS, PLLC |
Accountancy firm EIN | 2022-12-31 | 474526160 |
2021 : ABSOLUT RETIREMENT SAVINGS PLAN 2021 401k financial data | ||
Total transfer of assets to this plan | 2021-12-31 | $21,984 |
Total income from all sources (including contributions) | 2021-12-31 | $2,487,114 |
Total of all expenses incurred | 2021-12-31 | $2,428,567 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $2,229,378 |
Expenses. Certain deemed distributions of participant loans | 2021-12-31 | $28,746 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $660,131 |
Value of total assets at end of year | 2021-12-31 | $13,794,173 |
Value of total assets at beginning of year | 2021-12-31 | $13,713,642 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $170,443 |
Total interest from all sources | 2021-12-31 | $-1,139 |
Total dividends received (eg from common stock, registered investment company shares) | 2021-12-31 | $635,862 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2021-12-31 | $635,862 |
Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
Value of fidelity bond cover | 2021-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2021-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
Contributions received from participants | 2021-12-31 | $636,102 |
Participant contributions at end of year | 2021-12-31 | $54,196 |
Participant contributions at beginning of year | 2021-12-31 | $74,743 |
Participant contributions at end of year | 2021-12-31 | $13,169 |
Participant contributions at beginning of year | 2021-12-31 | $21,135 |
Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $11,032 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Value of net income/loss | 2021-12-31 | $58,547 |
Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $13,794,173 |
Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $13,713,642 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2021-12-31 | $13,473,902 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2021-12-31 | $13,184,921 |
Interest on participant loans | 2021-12-31 | $3,237 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2021-12-31 | $252,880 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2021-12-31 | $432,340 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2021-12-31 | $432,340 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2021-12-31 | $-4,376 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $1,192,260 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
Contributions received in cash from employer | 2021-12-31 | $12,997 |
Employer contributions (assets) at end of year | 2021-12-31 | $26 |
Employer contributions (assets) at beginning of year | 2021-12-31 | $503 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $2,229,378 |
Contract administrator fees | 2021-12-31 | $170,443 |
Did the plan have assets held for investment | 2021-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
Accountancy firm name | 2021-12-31 | EFPR GROUP, CPAS, PLLC |
Accountancy firm EIN | 2021-12-31 | 474526160 |
2020 : ABSOLUT RETIREMENT SAVINGS PLAN 2020 401k financial data | ||
Total transfer of assets to this plan | 2020-12-31 | $342,818 |
Total income from all sources (including contributions) | 2020-12-31 | $2,690,350 |
Total of all expenses incurred | 2020-12-31 | $6,543,585 |
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $6,193,121 |
Expenses. Certain deemed distributions of participant loans | 2020-12-31 | $78,889 |
Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $919,262 |
Value of total assets at end of year | 2020-12-31 | $13,713,642 |
Value of total assets at beginning of year | 2020-12-31 | $17,224,059 |
Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $271,575 |
Total interest from all sources | 2020-12-31 | $5,599 |
Total dividends received (eg from common stock, registered investment company shares) | 2020-12-31 | $442,778 |
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2020-12-31 | No |
Total dividends received from registered investment company shares (eg mutual funds) | 2020-12-31 | $442,778 |
Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
Value of fidelity bond cover | 2020-12-31 | $500,000 |
If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities | 2020-12-31 | $0 |
Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
Contributions received from participants | 2020-12-31 | $901,356 |
Participant contributions at end of year | 2020-12-31 | $74,743 |
Participant contributions at beginning of year | 2020-12-31 | $121,232 |
Participant contributions at end of year | 2020-12-31 | $21,135 |
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Value of net income/loss | 2020-12-31 | $-3,853,235 |
Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $13,713,642 |
Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $17,224,059 |
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
Value of interest in registered invesment companies (eg mutual funds) at end of year | 2020-12-31 | $13,184,921 |
Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2020-12-31 | $16,740,997 |
Interest on participant loans | 2020-12-31 | $4,606 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2020-12-31 | $432,340 |
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2020-12-31 | $361,830 |
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2020-12-31 | $361,830 |
Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2020-12-31 | $993 |
Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $1,322,711 |
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
Contributions received in cash from employer | 2020-12-31 | $17,906 |
Employer contributions (assets) at end of year | 2020-12-31 | $503 |
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $6,193,121 |
Contract administrator fees | 2020-12-31 | $271,575 |
Did the plan have assets held for investment | 2020-12-31 | Yes |
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
Accountancy firm name | 2020-12-31 | BONADIO & CO, LLP |
Accountancy firm EIN | 2020-12-31 | 161131146 |
2022: ABSOLUT RETIREMENT SAVINGS PLAN 2022 form 5500 responses | ||
---|---|---|
2022-01-01 | Type of plan entity | Mulitple employer plan |
2022-01-01 | Submission has been amended | No |
2022-01-01 | This submission is the final filing | No |
2022-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2022-01-01 | Plan is a collectively bargained plan | Yes |
2022-01-01 | Plan funding arrangement – Trust | Yes |
2022-01-01 | Plan benefit arrangement - Trust | Yes |
2021: ABSOLUT RETIREMENT SAVINGS PLAN 2021 form 5500 responses | ||
2021-01-01 | Type of plan entity | Mulitple employer plan |
2021-01-01 | Submission has been amended | No |
2021-01-01 | This submission is the final filing | No |
2021-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2021-01-01 | Plan is a collectively bargained plan | Yes |
2021-01-01 | Plan funding arrangement – Trust | Yes |
2021-01-01 | Plan benefit arrangement - Trust | Yes |
2020: ABSOLUT RETIREMENT SAVINGS PLAN 2020 form 5500 responses | ||
2020-01-01 | Type of plan entity | Mulitple employer plan |
2020-01-01 | Submission has been amended | No |
2020-01-01 | This submission is the final filing | No |
2020-01-01 | This return/report is a short plan year return/report (less than 12 months) | No |
2020-01-01 | Plan is a collectively bargained plan | Yes |
2020-01-01 | Plan funding arrangement – Trust | Yes |
2020-01-01 | Plan benefit arrangement - Trust | Yes |