Plan Snapshot
- Plan Sponsor: Defined Benefit Plan Of The Mid-Jersey Trucking Industry And Teamsters
- Sponsor EIN: 136043977
- Sponsor Address: 2003 US ROUTE 130, NORTH BRUNSWICK, NJ, 08902
- Plan Type: DB
- Plan Number: 001
- Total Participants: 62
- Total Assets: $331.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 62 | $331.4M | $2.5M | $0 |
| 2023 | 63 | $337.5M | $2.5M | $0 |
| 2022 | 167 | $332.0M | $2.9M | $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 |
|---|---|---|---|---|
| GREAT LAKES ADVISORS, LLC | Other Service Provider | $307,275 | — | $307,275 |
| LOOMIS SAYLES TRUST COMPANY | Other Service Provider | $207,681 | — | $207,681 |
| GROOM LAW GROUP, CHARTERED | ERISA Attorney | $178,409 | — | $178,409 |
| KENNETH CARR | Other Service Provider | $100,479 | — | $100,479 |
| FIDELITY INSTITUTIONAL ASSET MGMT. | Other Service Provider | $99,869 | — | $99,869 |
| GIANCARLO PREZIOSO | Other Service Provider | $93,095 | — | $93,095 |
| AMALGAMATED BANK | Other Service Provider | $90,111 | — | $90,111 |
| FIRST ACTUARIAL CONSULTING, INC. | Other Service Provider | $87,769 | — | $87,769 |
| VILLANOVA INVESTMENT MANAGEMENT COM | Other Service Provider | $87,574 | — | $87,574 |
| NEPC, LLC | Recordkeeper | $85,356 | — | $85,356 |
| SLEVIN & HART, P.C. | ERISA Attorney | $67,337 | — | $67,337 |
| COHEN LEDER MONTALBANO &CONNAUGHTON | ERISA Attorney | $62,627 | — | $62,627 |
| NELLIE LAKE | Other Service Provider | $45,354 | — | $45,354 |
| MSPC, CPAS & ADVISORS, P.C. | Auditor | $39,565 | — | $39,565 |
| WILLIAM BIRCHARD | Other Service Provider | $28,764 | — | $28,764 |
| COLUMBIA MANAGEMENT INVESTMENT ADVI | Investment Advisor | $24,279 | — | $24,279 |
| BRIDGEWAY BENEFIT TECHNOLOGIES | Other Service Provider | $23,045 | — | $23,045 |
| BUSINESS CARD | Other Service Provider | $5,380 | — | $5,380 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROOM LAW GROUP, CHARTERED — ERISA Attorney
- NEPC, LLC — Recordkeeper
- SLEVIN & HART, P.C. — ERISA Attorney
- MSPC, CPAS & ADVISORS, P.C. — Auditor
- COLUMBIA MANAGEMENT INVESTMENT ADVI — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,633,969
- Estimated Expense Ratio: 0.493% 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 | $2,375,993 | $812,033 | — | $29,500 | — |
| 2023 | $1,923,010 | $725,550 | — | $29,500 | — |
| 2022 | $1,932,622 | $930,206 | — | — | $232,552 |