logo image

ICARE MANAGEMENT, LLC

Manchester, Connecticut
500+ employees
Profile site ↗︎
LinkedIn profile ↗︎
Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Icare 401(K) Plan And Trust Agreement
This plan meets industry benchmarks with a balanced mix of contributions and features but may need enhancements to stand out in recruitment.
ICARE MANAGEMENT, LLC
Rate your benefits
See how your benefits compare to competitors and if you qualify for an Mployer Benefits Award

Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$458
Avg Employer Contribution per Person per Year
Leading
Not EE Friendly
Plan Design
Laggard
EE Friendly
Admin Fees as a % of Total Assets
Leading
10%
1 Year Return
Below

Peer Group

Size
500+ employees
Region
New England
Industry
Health Care and Social Assistance

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Icare 401(K) Plan And Trust Agreement
Plan type
401k
Plan start date
03/01/2007
Plan assets
$23,731,649
Participation Rate
28.05 %
Loan %
3.91 %
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?

Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
No
Vesting Requirements
Yes

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?

Just a few of the companies in your cohort

DANA-FARBER CANCER INSTITUTE, INC.DANA-FARBER CANCER INSTITUTE, INC.HARVARD MED. FACULTY PHYSICIANS AT BETH ISRAEL DEACONESS MED. CTR. INCHARVARD MED. FACULTY PHYSICIANS AT BETH ISRAEL DEACONESS MED. CTR. INCBHS MANAGEMENT SERVICES INC.BHS MANAGEMENT SERVICES INC.CONNECTICUT CHILDREN'S MEDICAL CENTERCONNECTICUT CHILDREN'S MEDICAL CENTERMODERNATX, INC.MODERNATX, INC.ELLIOT HEALTH SYSTEM, INC.ELLIOT HEALTH SYSTEM, INC.MIDDLESEX HEALTH SYSTEM, INC.MIDDLESEX HEALTH SYSTEM, INC.MAINEGENERAL HEALTHMAINEGENERAL HEALTHCHA GENERAL SERVICES, INC.CHA GENERAL SERVICES, INC.RUTLAND REGIONAL MEDICAL CENTERRUTLAND REGIONAL MEDICAL CENTER

FAQs

Benefits Package

See how to earn a Top Benefits Rating for your company!

It’s free and takes just a few minutes, click here to get started
Get My Rating
Mployer