# Board Of Trustees - Northern New Jersey Teamsters Benefit Plan Health &amp; Welfare Plan
Source: https://planprovider.pro/companies/board-of-trustees-northern-new-jersey-teamsters-benefit-plan-226082349-501

> Board Of Trustees - Northern New Jersey Teamsters Benefit Plan&#39;s Health &amp; Welfare plan: 1,496 participants, plan year 2024 financials, providers, and benchma…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Board Of Trustees - Northern New Jersey Teamsters Benefit Plan

- **Sponsor EIN:** 226082349

- **Sponsor Address:** 810 BELMONT AVENUE, SUITE 100, NORTH HALEDON, NJ, 075082396

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 1,496

- **Total Assets:** $56.1M

## 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|1,496|$56.1M|$33.9M|$159,744|

| 2023|1,605|$53.2M|$32.9M|$124,317|

| 2022|1,689|$46.4M|$32.5M|$141,251|

## 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|

| HORIZON HEALTHCARE SERVICES INC|Other Service Provider|$876,477|—|$876,477|

| PAYER MATRIX|Other Service Provider|$289,151|—|$289,151|

| STACEY BRAUN ASSOCIATES INC.|Other Service Provider|$222,236|—|$222,236|

| BRIDGEWAY BENEFIT TECHNOLOGIES|Other Service Provider|$174,387|—|$174,387|

| SALVATRICE VERILLO|Other Service Provider|$145,013|—|$145,013|

| ZELIS CLAIMS INTEGRITY|Other Service Provider|$135,435|—|$135,435|

| MICHELE PROCHOV|Other Service Provider|$131,158|—|$131,158|

| MICHALINA PACYNA|Other Service Provider|$103,684|—|$103,684|

| MSPC CERTIFIED PUBLIC ACCOUNTANTS|Auditor|$90,230|—|$90,230|

| SILVANA TURDO|Other Service Provider|$81,591|—|$81,591|

| NICOLE GRABINSKI|Other Service Provider|$79,291|—|$79,291|

| KROLL HEINEMAN GIBLIN|Other Service Provider|$76,382|—|$76,382|

| DAWN CARMODY ITRI|Other Service Provider|$71,052|—|$71,052|

| RIFAT RAMDANI|Other Service Provider|$70,113|—|$70,113|

| PREMIER TECHNOLOGIES|Other Service Provider|$68,510|—|$68,510|

| NICOLE HUERTA|Other Service Provider|$62,802|—|$62,802|

| LUZ QUINTERO|Other Service Provider|$61,788|—|$61,788|

| WITHUM SMITH & BROWN|Other Service Provider|$61,619|—|$61,619|

| MARJORIE FANARRAGEA|Other Service Provider|$58,847|—|$58,847|

| MEGAN BARRON|Other Service Provider|$56,055|—|$56,055|

| JENNIFER MARRETTA|Other Service Provider|$50,028|—|$50,028|

| UNITED REVIEW SERVICES|Other Service Provider|$46,935|—|$46,935|

| O'SULLIVAN AND ASSOCIATES|Other Service Provider|$35,400|—|$35,400|

| CALIBRE CPA GROUP|Auditor|$30,087|—|$30,087|

| CHERYLANN CALISE|Other Service Provider|$26,480|—|$26,480|

| BANK OF AMERICA|Other Service Provider|$21,854|—|$21,854|

| SCHULTHESIS AND PANNETTIERI|Auditor|$17,750|—|$17,750|

| JBM COMPUTER CONSULTANTS|Other Service Provider|$12,195|—|$12,195|

| FITZSIMMONS, KRANTZ & ABRAMS|Auditor|$11,597|—|$11,597|

| LYNCH & MURRAY|Other Service Provider|$7,950|—|$7,950|

| COHEN WEISS & SIMON LLP|Other Service Provider|$7,238|—|$7,238|

| HUDSON HARBOUR CONDOMINIUM|Other Service Provider|$5,200|—|$5,200|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MSPC CERTIFIED PUBLIC ACCOUNTANTS](https://planprovider.pro/provider/mspc-certified-public-accountants-and) — Auditor

- [CALIBRE CPA GROUP](https://planprovider.pro/provider/calibre-cpa-group-pllc) — Auditor

- [SCHULTHESIS AND PANNETTIERI](https://planprovider.pro/provider/schultheis-and-panettieri-llp) — Auditor

- [FITZSIMMONS, KRANTZ & ABRAMS](https://planprovider.pro/provider/fitzsimmons-abrams-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $3,188,535

- **Estimated Expense Ratio:** 5.687% 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|$4,501,756|$244,090|—|$157,614|—|

| 2023|$4,485,638|$212,801|—|$164,098|—|

| 2022|$4,028,590|$192,090|—|—|$320,410|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/board-of-trustees-northern-new-jersey-teamsters-benefit-plan-226082349-501)

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