Plan Snapshot
- Plan Sponsor: Board Of Trustees
- Sponsor EIN: 133769079
- Sponsor Address: 889 BROADWAY, BAYONNE, NJ, 07002
- Plan Type: DC
- Total Participants: 332
- Total Assets: $38.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 332 | $38.4M | $2.9M | $0 |
| 2023 | 466 | $34.4M | $2.8M | $0 |
| 2022 | 461 | $29.1M | $2.7M | $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 |
|---|---|---|---|---|
| REYNOLDS CONSULTING SERVICES, LLC | INVESTMENT ADVISOR | $35,880 | — | $35,880 |
| JOHN HANCOCK RETIREMENT PLAN SVC | CUSTODIAN | $452 | $29,040 | $29,492 |
| FIUMAN MOGILLA, LLP | CO-COUNSEL | $17,600 | — | $17,600 |
| THE LAMBOS FIRM, LLP | CO-COUNSEL | $17,600 | — | $17,600 |
| DESENA & COMPANY CPAS, LLC | AUDITOR | $9,820 | — | $9,820 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK RETIREMENT PLAN SVC — CUSTODIAN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,392
- Estimated Expense Ratio: 0.288% 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 | $98,691 | $35,880 | — | $9,820 | — |
| 2023 | $77,379 | — | — | — | — |
| 2022 | $72,453 | $22,000 | — | — | $48,400 |