Plan Snapshot
- Plan Sponsor: Centrastate Healthcare System
- Sponsor EIN: 222482803
- Sponsor Address: 901 WEST MAIN STREET, FREEHOLD, NJ, 077282537
- Plan Type: 401(k)
- Total Participants: 2,612
- Total Assets: $111.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 2,612 | $111.7M | $5.7M | $0 |
| 2023 | 2,892 | $109.8M | $5.4M | $0 |
| 2022 | 1,560 | $102.0M | $5.0M | $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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $83,926 | — | $83,926 |
| UBS FINANCIAL SERVICES, INC | INVESTMENT ADVISORY | $48,000 | — | $48,000 |
| WITHUM SMITH+BROWN , PC | ACCOUNTING | $34,944 | — | $34,944 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- UBS FINANCIAL SERVICES, INC — INVESTMENT ADVISORY
- WITHUM SMITH+BROWN , PC — ACCOUNTING
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $166,870
- Estimated Expense Ratio: 0.149% 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 | $249,595 | — | — | — | — |
| 2023 | $169,442 | — | — | — | — |
| 2022 | $188,907 | — | — | — | — |