Professional Care I 401(k) match, vesting and fees
What Professional Care I's 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 | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Baker Tilly, US LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
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.
| Professional Care I: employer contribution per participant | $165 | |
| Peer median | $1,468 |
| Professional Care I: average balance | $19,504 | |
| Peer median | $37,786 |
| Professional Care I: admin expenses ÷ assets | 0.31% | |
| 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 $8.5M at the end of plan year 2021 to $9.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,382 | $9.2M | $78K | $165 | 0.31% | Not published | Form 5500 ↗ |
| 2023 | 1,092 | $8.3M | $80K | $171 | 0.61% | Not published | Form 5500 ↗ |
| 2022 | 885 | $7.3M | $78K | $175 | 0.70% | Not published | Form 5500 ↗ |
| 2021 | 792 | $8.5M | $80K | $179 | 0.70% | Not published | Form 5500 ↗ |
Common questions
Does Professional Care I match 401(k) contributions?
The match terms for the The Palace 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $78K in employer contributions, about $165 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Professional Care I 401(k) match vested?
The vesting schedule for the The Palace 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Professional Care I 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Professional Care I, Inc..
I left Professional Care I. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Professional Care I, Inc., (305) 270-7048) or the recordkeeper, Fidelity Investments Institutional. The Professional Care I old 401(k) page lists the contacts from every plan filing. Find an old Professional Care I 401(k)
Data from the public Form 5500 annual reports Professional Care I 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 Professional Care I. Not financial advice. Report a correction · Methodology