Plan Snapshot
- Plan Sponsor: Employers Association Of New Jersey Iation
- Sponsor EIN: 220891760
- Sponsor Address: 293 EISENHOWER PARKWAY, LIVINGSTON, NJ, 07039
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 1,667
- Total Assets: $62.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 1,667 | $62.7M | $2.0M | $4.6M |
| 2022 | 1,285 | $39.8M | $959,194 | $3.6M |
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 |
|---|---|---|---|---|
| BCG SECURITIES | Investment Advisor | $152,965 | — | $152,965 |
| BENEFIT CONSULTANTS GROUP | Investment Advisor | $49,139 | — | $49,139 |
| CLIFTONLARSONALLEN LLP | Auditor | $27,588 | — | $27,588 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BCG SECURITIES — Investment Advisor
- BENEFIT CONSULTANTS GROUP — Investment Advisor
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $229,692
- Estimated Expense Ratio: 0.366% 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 |
|---|---|---|---|---|---|
| 2023 | $229,692 | $152,965 | $49,139 | $27,588 | — |
| 2022 | $173,662 | $94,824 | $41,311 | — | $37,527 |