Plan Snapshot
- Plan Sponsor: Atlanticare Health System, INC.
- Sponsor EIN: 223265213
- Sponsor Address: ATLANTICARE HEALTH PARK, EGG HARBOR TOWNSHIP, NJ, 08234
- Plan Type: DB
- Total Participants: 1,067
- Total Assets: $276.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,067 | $276.7M | $7.1M | $0 |
| 2023 | 1,159 | $264.7M | $16.1M | $0 |
| 2022 | 1,222 | $295.8M | $3.7M | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STATE STREET BANK & TRUST CO. | NONE | $194,930 | — | $194,930 |
| CBIZ | NONE | $193,469 | — | $193,469 |
| NORTHERN TRUST | NONE | $94,100 | — | $94,100 |
| THE CONCORD ADVISORY GROUP, LTD | NONE | $90,840 | — | $90,840 |
| WITHUMSMITH BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $573,339
- Estimated Expense Ratio: 0.207% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $762,912 | $381,379 | — | — | — |
| 2023 | $1,909,068 | $67,246 | — | — | — |
| 2022 | $1,032,791 | $339,007 | — | — | $472,478 |