Plan Snapshot
- Plan Sponsor: Centrastate Healthcare System
- Sponsor EIN: 222482803
- Sponsor Address: 901 WEST MAIN STREET, FREEHOLD, NJ, 077282537
- Plan Type: 403(b)
- Total Participants: 2,318
- Total Assets: $200.4M
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 | 2,318 | $200.4M | $1.5M | $13.8M |
| 2023 | 2,849 | $193.5M | $1.5M | $13.3M |
| 2022 | 2,211 | $174.2M | $1.5M | $12.4M |
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 | $112,673 | — | $112,673 |
| UBS FINANCIAL SERVICES, INC | INVESTMENT ADVISORY | $67,000 | — | $67,000 |
| 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: $214,617
- Estimated Expense Ratio: 0.107% 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 | $436,951 | — | — | — | — |
| 2023 | $212,379 | — | — | — | — |
| 2022 | $247,520 | — | — | — | — |