Plan Snapshot
- Plan Sponsor: Board Of Trustees, New Jersey Bldg Statewide Welfare Fd
- Sponsor EIN: 221764453
- Sponsor Address: 485 ROUTE 1, ISELIN, NJ, 08830
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,749
- Total Assets: $124.6M
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 | 1,749 | $124.6M | $36.8M | $1.9M |
| 2023 | 1,887 | $116.3M | $36.3M | $1.6M |
| 2022 | 1,898 | $109.0M | $38.0M | $1.7M |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE SERVICES INC | Other Service Provider | $808,078 | — | $808,078 |
| KROLL HEINEMAN PTASIEWICZ & PARSONS | ERISA Attorney | $613,568 | — | $613,568 |
| SCHULTHEIS & PANETTIERI LLP | Auditor | $536,517 | — | $536,517 |
| VICTORIA L PETERSON-MITCHELL | Other Service Provider | $316,806 | — | $316,806 |
| THE SEGAL CO (EASTERN STATES) INC | Other Service Provider | $175,335 | — | $175,335 |
| KIMBERLY KEMPLE | Other Service Provider | $170,952 | — | $170,952 |
| ANDREW GODZWON | Other Service Provider | $121,905 | — | $121,905 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $113,612 | — | $113,612 |
| SUSAN DOMINGUEZ | Other Service Provider | $106,190 | — | $106,190 |
| MARITZA PEREZ | Other Service Provider | $102,271 | — | $102,271 |
| ALICIA RAMBALLI | Other Service Provider | $97,341 | — | $97,341 |
| DELTA DENTAL OF NEW JERSEY INC | Other Service Provider | $89,459 | — | $89,459 |
| BARBARA ALAVENA | Other Service Provider | $87,637 | — | $87,637 |
| CONNIE WILSON | Other Service Provider | $85,540 | — | $85,540 |
| STEVEN HUARI | Other Service Provider | $82,656 | — | $82,656 |
| ERASTO FIGUEROA | Other Service Provider | $82,539 | — | $82,539 |
| JASON NOA | Other Service Provider | $80,430 | — | $80,430 |
| MADOODRI RAJBAN | Other Service Provider | $78,948 | — | $78,948 |
| SUSANIN WIDMAN & BRENNAN PC | Other Service Provider | $78,147 | — | $78,147 |
| KAREN BOZE | Other Service Provider | $72,689 | — | $72,689 |
| NAOMI SHIWBARAN | Other Service Provider | $70,367 | — | $70,367 |
| JJ PIERSON ESQ | Other Service Provider | $68,000 | — | $68,000 |
| WESTERN ASSET MANAGEMENT CO LLC | Other Service Provider | $66,416 | — | $66,416 |
| TRACY HANSEN | Other Service Provider | $65,063 | — | $65,063 |
| SHAWNEE DEWITT | Other Service Provider | $63,104 | — | $63,104 |
| ELITE TECHNOLOGY MANAGEMENT LLC | Other Service Provider | $61,619 | — | $61,619 |
| MARIA I JARVIS | Other Service Provider | $57,882 | — | $57,882 |
| ELLEN MENJIVAR | Other Service Provider | $57,600 | — | $57,600 |
| F/M INVESTMENTS LLC | Other Service Provider | $56,292 | — | $56,292 |
| CHRISTINA MCGUIRE | Other Service Provider | $55,559 | — | $55,559 |
| ALICIA M OVALLE | Other Service Provider | $53,647 | — | $53,647 |
| MORGAN STANLEY GRAYSTONE | Recordkeeper | $38,832 | — | $38,832 |
| SEGAL SELECT INSURANCE SERVICES INC | Other Service Provider | — | $38,755 | $38,755 |
| ROBERT CALAMARI | Other Service Provider | $35,000 | — | $35,000 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $24,324 | — | $24,324 |
| CYBERDEV CORPORATION | Other Service Provider | $22,190 | — | $22,190 |
| EYEMED VISION CARE LLC | Other Service Provider | $21,938 | — | $21,938 |
| EXPRESS SCRIPTS INC | Other Service Provider | $14,444 | — | $14,444 |
| MANNING & NAPIER ADVISORS LLC | Other Service Provider | $13,736 | — | $13,736 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $5,290 | — | $5,290 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANETTIERI LLP — Auditor
- MORGAN STANLEY GRAYSTONE — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,790,678
- Estimated Expense Ratio: 3.844% 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 | $1,831,016 | $219,675 | — | $113,250 | — |
| 2023 | $2,220,078 | $155,451 | — | $75,000 | — |
| 2022 | $1,823,345 | $155,640 | — | — | $1,051,626 |