Plan Snapshot
- Plan Sponsor: Bd Of Trustees Nj Building Laborers Statewide Annuity Fund
- Sponsor EIN: 222450453
- Sponsor Address: 485 ROUTE 1, ISELIN, NJ, 08830
- Plan Type: DC
- Total Participants: 7,536
- Total Assets: $248.5M
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 | 7,536 | $248.5M | $23.2M | $0 |
| 2023 | 7,247 | $232.7M | $21.8M | $0 |
| 2022 | 7,335 | $214.1M | $21.6M | $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 |
|---|---|---|---|---|
| ATALANTA SOSNOFF CAPITAL LLC | NONE | $136,233 | — | $136,233 |
| MORGAN STANLEY GRAYSTONE | NONE | $132,051 | — | $132,051 |
| THE BANK OF NEW YORK MELLON | NONE | $68,106 | — | $68,106 |
| SCHULTHEIS & PANETTIERI LLP | AUDITOR | $64,500 | — | $64,500 |
| MANNING & NAPIER ADVISORS LLC | NONE | $58,888 | — | $58,888 |
| PRUDENTIAL INSURANCE COMPANY | NONE | $50,604 | — | $50,604 |
| GW&K INVESTMENT MANAGEMENT LLC | NONE | $47,738 | — | $47,738 |
| BARKSDALE INVESTMENT MANAGEMENT | NONE | $31,796 | — | $31,796 |
| F/M INVESTMENTS, LLC | NONE | $28,696 | — | $28,696 |
| THE SEGAL CO (EASTERN STATES) INC | ACTUARY | $18,886 | — | $18,886 |
| KROLL HEINEMAN PTASIEWICZ & PARSONS | ATTORNEY | $15,000 | — | $15,000 |
| SUSANIN WIDMAN & BRENNAN PC | NONE | $14,000 | — | $14,000 |
| NORTHERN TRUST CORPORATION | NONE | $8,882 | — | $8,882 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GRAYSTONE — NONE
- SCHULTHEIS & PANETTIERI LLP — AUDITOR
- PRUDENTIAL INSURANCE COMPANY — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $675,380
- Estimated Expense Ratio: 0.272% 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 | $1,656,092 | $576,215 | — | $64,500 | — |
| 2023 | $1,523,975 | $547,043 | — | $55,000 | — |
| 2022 | $1,722,073 | $622,700 | — | — | $112,750 |