Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › CarePayment Technologies
CarePayment Technologies 401(k)
- Finance and insurance
- Brentwood, TN
- EIN 91-1758621
- 1 plan with Schedule H financials
- Plan year 2024
- CarePayment Technologies, Inc.
- filed as Carepayment Technologies, Inc.
Administrative expenses excluding investment management, per participant · Carepayment Technologies, Inc. 401(k) Plan · plan year 2024
$13.46
Higher than 9% of the 24,371 plans $10 to 50M that report it.
Source
= $1,400 / 104
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013150128NAL0001476001001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150128NAL0001476001001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Cost and contributions
Administrative expenses per participant
$13.47
Higher than 5% of the 25,098 plans $10 to 50M that report it.
Source
= $1,401 / 104
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013150128NAL0001476001001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150128NAL0001476001001, received 2025-10-13
Administrative expenses as a share of assets
0.014%
Higher than 4% of the 25,132 plans $10 to 50M that report it.
Source
= $1,401 / $10,286,086
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013150128NAL0001476001001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013150128NAL0001476001001, received 2025-10-13
Employer contributions per participant
$3,848
Higher than 84% of the 24,050 plans $10 to 50M that report it.
Source
= $400,207 / 104
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013150128NAL0001476001001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150128NAL0001476001001, received 2025-10-13
Employer share of total contributions
33.3%
Higher than 70% of the 24,084 plans $10 to 50M that report it.
Source
= $400,207 / $1,200,035
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013150128NAL0001476001001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013150128NAL0001476001001, received 2025-10-13
Plan terms, as stated in CarePayment Technologies, Inc.'s SEC filings
Plan terms are described in CarePayment Technologies, Inc.'s SEC filings: Form 10-K filed 2013-04-01. No term could be quoted from them with the required precision.
Plan features
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013150128NAL0001476001001, received 2025-10-13
Full record, Carepayment Technologies, Inc. 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CAREPAYMENT TECHNOLOGIES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Plan name | CAREPAYMENT TECHNOLOGIES, INC. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Sponsor EIN / plan number | 91-1758621 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Sponsor location | BRENTWOOD, TN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Industry (business code) | 522291, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Participants, beginning of year | 167 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Active participants | 126 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Participants, end of year | 150 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Participants with an account balance | 104 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Total assets, beginning of year | $8,280,269 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Total assets, end of year | $10,286,086 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Net assets, end of year | $10,286,086 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Total income | $2,470,188 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Net income | $2,005,817 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Employer contributions | $400,207 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Participant contributions | $799,828 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Total contributions | $1,200,035 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Benefit payments | $462,970 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $464,371 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Total administrative expenses | $1,401 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Contract administrator fees | $1,150 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Investment advisory and management fees | $1 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Administrative expenses excluding investment management | $1,400 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Held in common/collective trusts | $60,944 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Held in mutual funds | $10,129,551 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013150128NAL0001476001001, received 2025-10-13 |
| Independent auditor | LBMC, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013150128NAL0001476001001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013150128NAL0001476001001, received 2025-10-13.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITYrecordkeeper | SERVICE PROVIDER | 64 Recordkeeping fees | $1,401 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013150128NAL0001476001001, received 2025-10-13.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $8,280,269 | $10,286,086 | 24.2% |
| Participants with a balance | 111 | 104 | -6.3% |
| Administrative expenses | $3,049 | $1,401 | -54.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $377,456 | $400,207 | 6.0% |
Prior filing 20241014084521NAL0025750033001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: CAREPAYMENT TECHNOLOGIES, INC.; SEC registrant: CarePayment Technologies, Inc. (CIK 1142406, matched by EIN).