401(k) · DOL Form 5500 · 2024

Monmouth Cares, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
122
Participants Small participant base
48th
Percentile by assets National rank
$55,835
Avg per participant Low balance/head
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Official DOL plan name: Monmouth Cares, Inc. 401(k) Plan · Sponsored by Monmouth Cares, Inc. · New Jersey · Healthcare & Social Assistance

$7M in assets, 122 participants

Monmouth Cares, Inc.'s Monmouth Cares, Inc. 401(k) Plan reported $7M in total assets and 122 participants in its 2024 DOL Form 5500 filing, ranking in the 48th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,835 in Healthcare & Social Assistance (16,916 peers)

Coverage in New Jersey

Monmouth Cares, Inc. 401(k) Plan covers 122 participants in New Jersey, about 14% of the average New Jersey filer (state average ~844 per filing). Assets: $7M.

#8,835
in Healthcare & Social Assistance (16,916 peers)
+6.7%
assets growth YoY

Monmouth Cares, Inc. 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Monmouth Cares, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$6,811,853 48th percentile higher than 48% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Monmouth Cares, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Monmouth Cares, Inc. 401(k) Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Monmouth Cares, Inc. 401(k) Plan reported net income fell from $563K in the plan year 2023 filing to $430K in the plan year 2024 filing.
  • Monmouth Cares, Inc. 401(k) Plan end-of-year assets rose from $6M in the plan year 2023 filing to $7M in the plan year 2024 filing.
  • Monmouth Cares, Inc. 401(k) Plan reported participants rose from 120 in the plan year 2023 filing to 122 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 223769040 · Monmouth Cares, Inc. PY 2024 · 401(k)

Monmouth Cares, Inc. 401(k) Plan · $7M · 122 · 48th

  • TYPE $7M
  • NET 122
  • BOOK 48th
  • VS-ST 401(k)
  • BOY near Alco Motors, LLC 401 (K) Plan
  • SCH ind #8835

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in New Jersey →

Monmouth Cares, Inc. 401(k) Plan in the asset neighbourhood

Monmouth Cares, Inc. 401(k) PlanMonmouth Cares, Inc. 401(k) …$7MAlco Motors, LLC 401 (K) Plan$7MThe Bromley Companies 401(k) Employee Savings PlanThe Bromley Companies 401(k)…$7MWfti, Inc. Retirement Plan$7MBc 401(k) Plan$7M
End-of-year total assets ($M) among Monmouth Cares, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$7M
Net Income$430K
Employer EIN223769040
Plan Effective Date2001-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Monmouth Cares, Inc.)

Sponsor-wide plan assets over time

All Monmouth Cares, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 17.058057203307182% vs 2022
2024 filing year
$5.5M$6M$6.5M$7M 202220232024 $5.82M $6.81M ▲ +17.0%
Year Plans Participants Total Assets
2022 1 94 $6M
2023 1 120 $6M
2024 1 122 $7M

Nearby 401(k) Plans in New Jersey

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Monmouth Cares, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants Monmouth Cares, Inc. 401(k) Plan, Total assets ($B): 0.006811853 · Participants: 122Monmouth Cares, Inc. 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
Monmouth Cares, Inc. 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Monmouth Cares, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Alco Motors, LLC 401 (K) Plan in NH ($7M); by covered participants it is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Similar participant headcount

Nearest other-state filings by covered participants (122 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Monmouth Cares, Inc. 401(k) Plan assets move in 2024?
Monmouth Cares, Inc. 401(k) Plan grew at a solid clip - up 6.7% during 2024, from $6M to $7M. Reported net income was $430K.
How have Monmouth Cares, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Monmouth Cares, Inc.'s sponsor-wide assets grew 17.1%, from $6M to $7M.
Which 401(k) plans are similar in size to Monmouth Cares, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Alco Motors, LLC 401 (K) Plan in NH ($7M, 87 participants).
Which 401(k) plans cover a similar participant headcount to Monmouth Cares, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Assertio Management, LLC 401(k) Retirement Plan in IL (122 participants, $18M in assets).