Plan Snapshot
- Plan Sponsor: District 1199j-New Jersey Health Care Employers-
- Sponsor EIN: 223095464
- Sponsor Address: 9-25 ALLING STREET, NEWARK, NJ, 071020000
- Plan Type: DB
- Total Participants: 2,804
- Total Assets: $254.8M
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 | 2,804 | $254.8M | $12.9M | $0 |
| 2023 | 2,699 | $250.0M | $12.3M | $0 |
| 2022 | 2,270 | $241.5M | $10.8M | $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 |
|---|---|---|---|---|
| NOVAK FRANCELLA, LLC | Auditor | $52,095 | — | $52,095 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NOVAK FRANCELLA, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,095
- Estimated Expense Ratio: 0.020% 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 | $3,767,857 | $324,576 | — | $52,095 | — |
| 2023 | $2,905,362 | $398,289 | — | $29,000 | — |
| 2022 | $2,740,451 | $526,665 | — | — | $382,508 |