Carefree Practice Resources 401(k) match, vesting and fees
What Carefree Practice Resources' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Cooper Norman Cpa Business Advisors (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| Carefree Practice Resources: employer contribution per participant | $2,390 | |
| Peer median | $1,468 |
| Carefree Practice Resources: average balance | $73,288 | |
| Peer median | $37,786 |
| Carefree Practice Resources: admin expenses ÷ assets | 0.56% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $11.7M at the end of plan year 2021 to $18.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 439 | $18.2M | $593K | $2,390 | 0.56% | Not published | Form 5500 ↗ |
| 2023 | 391 | $14.7M | $496K | $2,146 | 0.51% | Not published | Form 5500 ↗ |
| 2022 | 332 | $11.3M | $353K | $1,856 | 0.52% | Not published | Form 5500 ↗ |
| 2021 | 269 | $11.7M | $292K | $1,718 | 0.64% | Not published | Form 5500 ↗ |
Common questions
Does Carefree Practice Resources match 401(k) contributions?
The match terms for the Carefree Practice Resources LLC 401k Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $593K in employer contributions, about $2,390 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Carefree Practice Resources 401(k) match vested?
The vesting schedule for the Carefree Practice Resources LLC 401k Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Carefree Practice Resources 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is Carefree Practice Resources LLC.
I left Carefree Practice Resources. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Carefree Practice Resources LLC, (775) 823-9797) or the recordkeeper, Principal Life Insurance Company. The Carefree Practice Resources old 401(k) page lists the contacts from every plan filing. Find an old Carefree Practice Resources 401(k)
Data from the public Form 5500 annual reports Carefree Practice Resources filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Carefree Practice Resources. Not financial advice. Report a correction · Methodology