401k Plan data: CARECLOUD HEALTH, INC. 401(K) PLAN plan

CARECLOUD HEALTH, INC. 401(K) PLAN 401k Plan overview

Plan Name	CARECLOUD HEALTH, INC. 401(K) PLAN
Plan identification number	001

CARECLOUD HEALTH, INC. 401(K) PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

CARECLOUD CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: CARECLOUD CORPORATION

Employer identification number (EIN): 264007676

NAIC Classification: 541990
NAIC Description: All Other Professional, Scientific, and Technical Services

Additional information about CARECLOUD CORPORATION

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 5038858

More information about CARECLOUD CORPORATION

Form 5500 Filing Information

Submission information for form 5500 for 401k plan CARECLOUD HEALTH, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 SHARI VANLOO
001 2016-01-01 SHARI VANLOO
001 2015-01-01 JOHN A. STARR
001 2014-01-01 JOHN A. STARR ROBERT LENTZ 2015-10-15

Plan Statistics for CARECLOUD HEALTH, INC. 401(K) PLAN

401k plan membership statisitcs for CARECLOUD HEALTH, INC. 401(K) PLAN

Measure Date Value
2022: CARECLOUD HEALTH, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 197
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 0
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 0
Total of all active and inactive participants 2022-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 0
Number of participants with account balances 2022-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: CARECLOUD HEALTH, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 245
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 92
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 104
Total of all active and inactive participants 2021-01-01 196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 196
Number of participants with account balances 2021-01-01 182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 15
2020: CARECLOUD HEALTH, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 389
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 117
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 128
Total of all active and inactive participants 2020-01-01 245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 245
Number of participants with account balances 2020-01-01 231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 43
2019: CARECLOUD HEALTH, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 447
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 207
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 180
Total of all active and inactive participants 2019-01-01 387
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 387
Number of participants with account balances 2019-01-01 377
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 40
2018: CARECLOUD HEALTH, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 379
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 258
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 190
Total of all active and inactive participants 2018-01-01 448
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 448
Number of participants with account balances 2018-01-01 433
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 24
2017: CARECLOUD HEALTH, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 343
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 207
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 171
Total of all active and inactive participants 2017-01-01 378
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 0
Total participants 2017-01-01 378
Number of participants with account balances 2017-01-01 367
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 28
2016: CARECLOUD HEALTH, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 265
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 218
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 125
Total of all active and inactive participants 2016-01-01 343
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 0
Total participants 2016-01-01 343
Number of participants with account balances 2016-01-01 330
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 22
2015: CARECLOUD HEALTH, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 329
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 236
Number of retired or separated participants receiving benefits 2015-01-01 0
Number of other retired or separated participants entitled to future benefits 2015-01-01 116
Total of all active and inactive participants 2015-01-01 352
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 0
Total participants 2015-01-01 352
Number of participants with account balances 2015-01-01 325
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0
2014: CARECLOUD HEALTH, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year 2014-01-01 199
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 280
Number of retired or separated participants receiving benefits 2014-01-01 45
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 325
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 325
Number of participants with account balances 2014-01-01 298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0

Measure	Date	Value
2022: CARECLOUD HEALTH, INC. 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	197
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	0
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	0
Total of all active and inactive participants	2022-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	0
Number of participants with account balances	2022-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: CARECLOUD HEALTH, INC. 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	245
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	92
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	104
Total of all active and inactive participants	2021-01-01	196
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	196
Number of participants with account balances	2021-01-01	182
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	15
2020: CARECLOUD HEALTH, INC. 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	389
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	117
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	128
Total of all active and inactive participants	2020-01-01	245
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	245
Number of participants with account balances	2020-01-01	231
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	43
2019: CARECLOUD HEALTH, INC. 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	447
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	207
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	180
Total of all active and inactive participants	2019-01-01	387
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	387
Number of participants with account balances	2019-01-01	377
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	40
2018: CARECLOUD HEALTH, INC. 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	379
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	258
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	190
Total of all active and inactive participants	2018-01-01	448
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	448
Number of participants with account balances	2018-01-01	433
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	24
2017: CARECLOUD HEALTH, INC. 401(K) PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	343
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	207
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	171
Total of all active and inactive participants	2017-01-01	378
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	0
Total participants	2017-01-01	378
Number of participants with account balances	2017-01-01	367
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	28
2016: CARECLOUD HEALTH, INC. 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	265
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	218
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	125
Total of all active and inactive participants	2016-01-01	343
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	0
Total participants	2016-01-01	343
Number of participants with account balances	2016-01-01	330
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	22
2015: CARECLOUD HEALTH, INC. 401(K) PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	329
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	236
Number of retired or separated participants receiving benefits	2015-01-01	0
Number of other retired or separated participants entitled to future benefits	2015-01-01	116
Total of all active and inactive participants	2015-01-01	352
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	0
Total participants	2015-01-01	352
Number of participants with account balances	2015-01-01	325
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0
2014: CARECLOUD HEALTH, INC. 401(K) PLAN 2014 401k membership
Total participants, beginning-of-year	2014-01-01	199
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	280
Number of retired or separated participants receiving benefits	2014-01-01	45
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	325
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	325
Number of participants with account balances	2014-01-01	298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0

Financial Data on CARECLOUD HEALTH, INC. 401(K) PLAN

Measure	Date	Value
2022 : CARECLOUD HEALTH, INC. 401(K) PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-13	$0
Total transfer of assets from this plan	2022-12-13	$6,281,387
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-13	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-13	$0
Total income from all sources (including contributions)	2022-12-13	$-630,071
Total loss/gain on sale of assets	2022-12-13	$0
Total of all expenses incurred	2022-12-13	$1,224,232
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-13	$1,179,180
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-13	$570,866
Value of total assets at end of year	2022-12-13	$0
Value of total assets at beginning of year	2022-12-13	$8,135,690
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-13	$45,052
Total interest from all sources	2022-12-13	$1,815
Total dividends received (eg from common stock, registered investment company shares)	2022-12-13	$9,242
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-13	Yes
Value of any plan assets that reverted to the employer resulting from resoluton to terminate the plan	2022-12-13	$0
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-13	$9,242
Was this plan covered by a fidelity bond	2022-12-13	Yes
Value of fidelity bond cover	2022-12-13	$500,000
If this is an individual account plan, was there a blackout period	2022-12-13	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-13	No
Contributions received from participants	2022-12-13	$449,801
Participant contributions at beginning of year	2022-12-13	$81,132
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-13	$40,293
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-13	No
Value of net income/loss	2022-12-13	$-1,854,303
Value of net assets at end of year (total assets less liabilities)	2022-12-13	$0
Value of net assets at beginning of year (total assets less liabilities)	2022-12-13	$8,135,690
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-13	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-13	No
Were any leases to which the plan was party in default or uncollectible	2022-12-13	No
Investment advisory and management fees	2022-12-13	$21,283
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-13	$7,851,638
Interest on participant loans	2022-12-13	$1,449
Income. Interest from loans (other than to participants)	2022-12-13	$0
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2022-12-13	$201,382
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2022-12-13	$201,382
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-13	$366
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-13	$-1,211,994
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-13	No
Was there a failure to transmit to the plan any participant contributions	2022-12-13	No
Has the plan failed to provide any benefit when due under the plan	2022-12-13	No
Contributions received in cash from employer	2022-12-13	$80,772
Employer contributions (assets) at beginning of year	2022-12-13	$1,538
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-13	$1,179,180
Contract administrator fees	2022-12-13	$23,769
Did the plan have assets held for investment	2022-12-13	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-13	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-13	Yes
Opinion of an independent qualified public accountant for this plan	2022-12-13	Unqualified
Accountancy firm name	2022-12-13	LBMC, PC
Accountancy firm EIN	2022-12-13	621199757
2021 : CARECLOUD HEALTH, INC. 401(K) PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$1,903,666
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$756,763
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$705,405
Expenses. Certain deemed distributions of participant loans	2021-12-31	$6,155
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$828,015
Value of total assets at end of year	2021-12-31	$8,135,690
Value of total assets at beginning of year	2021-12-31	$6,988,787
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$45,203
Total interest from all sources	2021-12-31	$4,457
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$123,283
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$123,283
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$571,761
Participant contributions at end of year	2021-12-31	$81,132
Participant contributions at beginning of year	2021-12-31	$112,912
Participant contributions at end of year	2021-12-31	$0
Participant contributions at beginning of year	2021-12-31	$26,986
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$33,255
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$1,146,903
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$8,135,690
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$6,988,787
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Investment advisory and management fees	2021-12-31	$18,498
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$7,851,638
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$6,774,816
Interest on participant loans	2021-12-31	$4,413
Income. Interest from loans (other than to participants)	2021-12-31	$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2021-12-31	$201,382
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year	2021-12-31	$61,252
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year	2021-12-31	$61,252
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$44
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$947,911
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$222,999
Employer contributions (assets) at end of year	2021-12-31	$1,538
Employer contributions (assets) at beginning of year	2021-12-31	$12,821
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$705,405
Contract administrator fees	2021-12-31	$26,705
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	LBMC, PC
Accountancy firm EIN	2021-12-31	621199757
2020 : CARECLOUD HEALTH, INC. 401(K) PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$2,282,934
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$1,863,678
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$1,827,413
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$1,263,866
Value of total assets at end of year	2020-12-31	$6,988,787
Value of total assets at beginning of year	2020-12-31	$6,569,531
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$36,265
Total interest from all sources	2020-12-31	$10,494
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$106,537
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$106,537
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$500,000
If this is an individual account plan, was there a blackout period	2020-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$769,883
Participant contributions at end of year	2020-12-31	$112,912
Participant contributions at beginning of year	2020-12-31	$189,173
Participant contributions at end of year	2020-12-31	$26,986
Participant contributions at beginning of year	2020-12-31	$39,553
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$115,862
Administrative expenses (other) incurred	2020-12-31	$18,683
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$419,256
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$6,988,787
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$6,569,531
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Investment advisory and management fees	2020-12-31	$6,863
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$6,774,816
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$6,048,609
Interest on participant loans	2020-12-31	$8,873
Income. Interest from loans (other than to participants)	2020-12-31	$0
Value of interest in common/collective trusts at end of year	2020-12-31	$0
Value of interest in common/collective trusts at beginning of year	2020-12-31	$271,211
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year	2020-12-31	$61,252
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2020-12-31	$1,621
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$902,037
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Contributions received in cash from employer	2020-12-31	$378,121
Employer contributions (assets) at end of year	2020-12-31	$12,821
Employer contributions (assets) at beginning of year	2020-12-31	$20,985
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$1,827,413
Contract administrator fees	2020-12-31	$10,719
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2020-12-31	Yes
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Unqualified
Accountancy firm name	2020-12-31	BDO USA LLP
Accountancy firm EIN	2020-12-31	135381590
2019 : CARECLOUD HEALTH, INC. 401(K) PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$2,876,890
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$1,691,049
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$1,664,198
Expenses. Certain deemed distributions of participant loans	2019-12-31	$3,795
Value of total corrective distributions	2019-12-31	$2,368
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$1,578,112
Value of total assets at end of year	2019-12-31	$6,569,531
Value of total assets at beginning of year	2019-12-31	$5,383,690
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$20,688
Total interest from all sources	2019-12-31	$12,153
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$280,561
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$280,561
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,028,056
Participant contributions at end of year	2019-12-31	$189,173
Participant contributions at beginning of year	2019-12-31	$163,676
Participant contributions at end of year	2019-12-31	$39,553
Participant contributions at beginning of year	2019-12-31	$40,197
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$93,604
Other income not declared elsewhere	2019-12-31	$1,147
Administrative expenses (other) incurred	2019-12-31	$20,688
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$1,185,841
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$6,569,531
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$5,383,690
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$6,048,609
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$4,848,699
Interest on participant loans	2019-12-31	$12,153
Value of interest in common/collective trusts at end of year	2019-12-31	$271,211
Value of interest in common/collective trusts at beginning of year	2019-12-31	$318,185
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$960,924
Net investment gain or loss from common/collective trusts	2019-12-31	$43,993
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$456,452
Employer contributions (assets) at end of year	2019-12-31	$20,985
Employer contributions (assets) at beginning of year	2019-12-31	$12,933
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$1,664,198
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	MORRISON, BROWN, ARGIZ & FARRA
Accountancy firm EIN	2019-12-31	010720052
2018 : CARECLOUD HEALTH, INC. 401(K) PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets to this plan	2018-12-31	$0
Total transfer of assets from this plan	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$1,403,797
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$1,197,071
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$1,164,433
Expenses. Certain deemed distributions of participant loans	2018-12-31	$3,229
Value of total corrective distributions	2018-12-31	$10,409
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$1,813,837
Value of total assets at end of year	2018-12-31	$5,383,690
Value of total assets at beginning of year	2018-12-31	$5,176,964
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$19,000
Total interest from all sources	2018-12-31	$5,660
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$336,570
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$336,570
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$1,144,962
Participant contributions at end of year	2018-12-31	$163,676
Participant contributions at beginning of year	2018-12-31	$104,992
Participant contributions at end of year	2018-12-31	$40,197
Participant contributions at beginning of year	2018-12-31	$37,573
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$157,931
Administrative expenses (other) incurred	2018-12-31	$19,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$206,726
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$5,383,690
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$5,176,964
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$4,848,699
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$4,799,105
Interest on participant loans	2018-12-31	$5,660
Value of interest in common/collective trusts at end of year	2018-12-31	$318,185
Value of interest in common/collective trusts at beginning of year	2018-12-31	$217,792
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-721,960
Net investment gain or loss from common/collective trusts	2018-12-31	$-30,310
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$510,944
Employer contributions (assets) at end of year	2018-12-31	$12,933
Employer contributions (assets) at beginning of year	2018-12-31	$17,502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$1,164,433
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	MORRISON, BROWN, ARGIZ & FARRA
Accountancy firm EIN	2018-12-31	010720052
2017 : CARECLOUD HEALTH, INC. 401(K) PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets to this plan	2017-12-31	$0
Total transfer of assets from this plan	2017-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total income from all sources (including contributions)	2017-12-31	$2,182,956
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$687,455
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$644,658
Expenses. Certain deemed distributions of participant loans	2017-12-31	$18,575
Value of total corrective distributions	2017-12-31	$185
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$1,532,063
Value of total assets at end of year	2017-12-31	$5,176,964
Value of total assets at beginning of year	2017-12-31	$3,681,463
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$24,037
Total interest from all sources	2017-12-31	$6,450
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$128,052
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$128,052
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$369,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$1,009,938
Participant contributions at end of year	2017-12-31	$104,992
Participant contributions at beginning of year	2017-12-31	$146,422
Participant contributions at end of year	2017-12-31	$37,573
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$14,564
Other income not declared elsewhere	2017-12-31	$2
Administrative expenses (other) incurred	2017-12-31	$24,037
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$1,495,501
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$5,176,964
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$3,681,463
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$4,799,105
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$3,348,468
Interest on participant loans	2017-12-31	$6,450
Value of interest in common/collective trusts at end of year	2017-12-31	$217,792
Value of interest in common/collective trusts at beginning of year	2017-12-31	$186,573
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$491,415
Net investment gain or loss from common/collective trusts	2017-12-31	$24,974
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$507,561
Employer contributions (assets) at end of year	2017-12-31	$17,502
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$644,658
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	MORRISON, BROWN, ARGIZ & FARRA, LLC
Accountancy firm EIN	2017-12-31	010720052
2016 : CARECLOUD HEALTH, INC. 401(K) PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total transfer of assets from this plan	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$0
Total income from all sources (including contributions)	2016-12-31	$1,571,126
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$683,859
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$658,978
Value of total corrective distributions	2016-12-31	$1,313
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$1,326,256
Value of total assets at end of year	2016-12-31	$3,681,463
Value of total assets at beginning of year	2016-12-31	$2,794,196
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$23,568
Total interest from all sources	2016-12-31	$3,240
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$87,573
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$87,573
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$280,000
If this is an individual account plan, was there a blackout period	2016-12-31	Yes
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$889,173
Participant contributions at end of year	2016-12-31	$146,422
Participant contributions at beginning of year	2016-12-31	$68,964
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$4,287
Other income not declared elsewhere	2016-12-31	$21,943
Administrative expenses (other) incurred	2016-12-31	$23,568
Total non interest bearing cash at beginning of year	2016-12-31	$5,009
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$887,267
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$3,681,463
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$2,794,196
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$3,348,468
Value of interest in pooled separate accounts at beginning of year	2016-12-31	$2,720,223
Interest on participant loans	2016-12-31	$3,240
Value of interest in common/collective trusts at end of year	2016-12-31	$186,573
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$78,042
Net investment gain or loss from common/collective trusts	2016-12-31	$54,072
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$432,796
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$658,978
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3	2016-12-31	Yes
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	BDO
Accountancy firm EIN	2016-12-31	135381590
2015 : CARECLOUD HEALTH, INC. 401(K) PLAN 2015 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets	2015-12-31	$-64,029
Total unrealized appreciation/depreciation of assets	2015-12-31	$-64,029
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$0
Total income from all sources (including contributions)	2015-12-31	$1,231,980
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$661,619
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$608,258
Expenses. Certain deemed distributions of participant loans	2015-12-31	$25,359
Value of total corrective distributions	2015-12-31	$24,263
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$1,291,374
Value of total assets at end of year	2015-12-31	$2,794,196
Value of total assets at beginning of year	2015-12-31	$2,223,835
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$3,739
Total interest from all sources	2015-12-31	$2,876
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Administrative expenses professional fees incurred	2015-12-31	$3,500
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$300,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Contributions received from participants	2015-12-31	$819,596
Participant contributions at end of year	2015-12-31	$68,964
Participant contributions at beginning of year	2015-12-31	$99,968
Participant contributions at end of year	2015-12-31	$0
Participant contributions at beginning of year	2015-12-31	$35,328
Income. Received or receivable in cash from other sources (including rollovers)	2015-12-31	$23,566
Other income not declared elsewhere	2015-12-31	$1,759
Total non interest bearing cash at end of year	2015-12-31	$5,009
Total non interest bearing cash at beginning of year	2015-12-31	$9,530
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$570,361
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$2,794,196
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$2,223,835
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Investment advisory and management fees	2015-12-31	$15
Value of interest in pooled separate accounts at end of year	2015-12-31	$2,720,223
Value of interest in pooled separate accounts at beginning of year	2015-12-31	$2,061,815
Interest on participant loans	2015-12-31	$2,876
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	No
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$448,212
Employer contributions (assets) at end of year	2015-12-31	$0
Employer contributions (assets) at beginning of year	2015-12-31	$17,194
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$608,258
Contract administrator fees	2015-12-31	$224
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	BDO
Accountancy firm EIN	2015-12-31	135381590
2014 : CARECLOUD HEALTH, INC. 401(K) PLAN 2014 401k financial data
Total unrealized appreciation/depreciation of assets	2014-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2014-12-31	$0
Total income from all sources (including contributions)	2014-12-31	$2,357,720
Total loss/gain on sale of assets	2014-12-31	$0
Total of all expenses incurred	2014-12-31	$133,885
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2014-12-31	$128,568
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2014-12-31	$2,268,766
Value of total assets at end of year	2014-12-31	$2,223,835
Value of total assets at beginning of year	2014-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2014-12-31	$5,317
Total interest from all sources	2014-12-31	$10,270
Total dividends received (eg from common stock, registered investment company shares)	2014-12-31	$0
Administrative expenses professional fees incurred	2014-12-31	$5,317
Was this plan covered by a fidelity bond	2014-12-31	Yes
Value of fidelity bond cover	2014-12-31	$300,000
If this is an individual account plan, was there a blackout period	2014-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2014-12-31	No
Contributions received from participants	2014-12-31	$1,013,149
Participant contributions at end of year	2014-12-31	$99,968
Participant contributions at beginning of year	2014-12-31	$0
Participant contributions at end of year	2014-12-31	$35,328
Participant contributions at beginning of year	2014-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2014-12-31	$753,683
Total non interest bearing cash at end of year	2014-12-31	$9,530
Total non interest bearing cash at beginning of year	2014-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Value of net income/loss	2014-12-31	$2,223,835
Value of net assets at end of year (total assets less liabilities)	2014-12-31	$2,223,835
Value of net assets at beginning of year (total assets less liabilities)	2014-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2014-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2014-12-31	No
Were any leases to which the plan was party in default or uncollectible	2014-12-31	No
Value of interest in pooled separate accounts at end of year	2014-12-31	$2,061,815
Value of interest in pooled separate accounts at beginning of year	2014-12-31	$0
Interest on participant loans	2014-12-31	$740
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2014-12-31	$9,530
Net investment gain/loss from pooled separate accounts	2014-12-31	$78,684
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2014-12-31	No
Was there a failure to transmit to the plan any participant contributions	2014-12-31	Yes
Has the plan failed to provide any benefit when due under the plan	2014-12-31	No
Contributions received in cash from employer	2014-12-31	$501,934
Employer contributions (assets) at end of year	2014-12-31	$17,194
Employer contributions (assets) at beginning of year	2014-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2014-12-31	$128,568
Did the plan have assets held for investment	2014-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2014-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2014-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2014-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2014-12-31	Disclaimer
Accountancy firm name	2014-12-31	BDO
Accountancy firm EIN	2014-12-31	135381590

Form 5500 Responses for CARECLOUD HEALTH, INC. 401(K) PLAN

2022: CARECLOUD HEALTH, INC. 401(K) PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	Yes
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: CARECLOUD HEALTH, INC. 401(K) PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: CARECLOUD HEALTH, INC. 401(K) PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: CARECLOUD HEALTH, INC. 401(K) PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: CARECLOUD HEALTH, INC. 401(K) PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: CARECLOUD HEALTH, INC. 401(K) PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: CARECLOUD HEALTH, INC. 401(K) PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Insurance	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement – Insurance	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: CARECLOUD HEALTH, INC. 401(K) PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Insurance	Yes
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement – Insurance	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes
2014: CARECLOUD HEALTH, INC. 401(K) PLAN 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	First time form 5500 has been submitted	Yes
2014-01-01	Submission has been amended	No
2014-01-01	This submission is the final filing	No
2014-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2014-01-01	Plan is a collectively bargained plan	No
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

112514

Policy instance

Insurance contract or identification number	112514
Number of Individuals Covered	359
Insurance policy start date	2015-01-01
Insurance policy end date	2015-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $18,623
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	12881
Additional information about fees paid to insurance broker	RIA FEES PAID
Insurance broker organization code?	7
Insurance broker name	FEDERATED INVESTMENT MANAGEMENT CO

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

112514

Policy instance

Insurance contract or identification number	112514
Number of Individuals Covered	331
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $0
Total amount of fees paid to insurance company	USD $21,714
Are there contracts with allocated funds for individual policies?	No
Are there contracts with allocated funds for group deferred annuity?	No
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Amount paid for insurance broker fees	12457
Additional information about fees paid to insurance broker	TPA COMPENSATION
Insurance broker organization code?	5
Insurance broker name	MY BENEFITS, LLC

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Company Name:	CARECLOUD CORPORATION
Employer identification number (EIN):	264007676
NAIC Classification:	541990
NAIC Description:	All Other Professional, Scientific, and Technical Services

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	5038858