Plan Snapshot
- Plan Sponsor: Bridgeway Behavioral Health Services
- Sponsor EIN: 222257891
- Sponsor Address: 615 NORTH BROAD STREET, ELIZABETH, NJ, 072083409
- Plan Type: 403(b)
- Total Participants: 388
- Total Assets: $22.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- 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 | 388 | $22.3M | $539,192 | $1.1M |
| 2023 | 377 | $19.8M | $828,229 | $832,445 |
| 2022 | 484 | $16.8M | $779,842 | $739,500 |
| 2021 | 479 | $19.2M | $0 | $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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $103,887 | — | $103,887 |
| MML INVESTORS SERVICES LLC | INVESTMENT ADVISORY | — | $41,603 | $41,603 |
| BELFINT LYONS & SHUMAN | ACCOUNTANT | $12,500 | — | $12,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES LLC — INVESTMENT ADVISORY
- BELFINT LYONS & SHUMAN — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $157,990
- Estimated Expense Ratio: 0.708% 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 | $116,408 | — | $103,908 | $12,500 | — |
| 2023 | $91,315 | — | $91,309 | — | — |
| 2022 | $60,859 | — | $60,845 | — | $14 |
| 2021 | $10,546 | — | $10,532 | — | — |