Plan Snapshot
- Plan Sponsor: Barnabas Health, INC.
- Sponsor EIN: 222405279
- Sponsor Address: 95 OLD SHORT HILLS RD, WEST ORANGE, NJ, 070521008
- Plan Type: 403(b)
- Total Participants: 27,679
- Total Assets: $1.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 27,679 | $1.5B | $20.2M | $77.1M |
| 2023 | 28,403 | $1.3B | $17.6M | $65.5M |
| 2022 | 28,672 | $1.2B | $20.3M | $66.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $820,711 | — | $820,711 |
| WINSTON & STRAWN LLP | ATTORNEY/LEGAL | $276,414 | — | $276,414 |
| WITHUMSMITHBROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- WINSTON & STRAWN LLP — ATTORNEY/LEGAL
- WITHUMSMITHBROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,097,125
- Estimated Expense Ratio: 0.073% 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 | $1,097,126 | — | $1,800 | — | — |
| 2023 | $831,990 | — | $2,700 | — | — |
| 2022 | $1,138,948 | — | — | — | — |