Plan Snapshot
- Plan Sponsor: Bright Harbor Healthcare
- Sponsor EIN: 210722291
- Sponsor Address: 160 ROUTE 9, BAYVILLE, NJ, 08721
- Plan Type: 403(b)
- Total Participants: 311
- Total Assets: $15.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- 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 | 311 | $15.6M | $373,923 | $656,125 |
| 2023 | 362 | $13.3M | $380,336 | $677,990 |
| 2022 | 341 | $12.0M | $410,778 | $678,441 |
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 |
|---|---|---|---|---|
| COWAN GUNTESKI & CO., P.A. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $26,850 | — | $26,850 | — | — |
| 2023 | $70,511 | — | $70,511 | — | — |
| 2022 | $91,773 | — | $91,773 | — | — |