Plan Snapshot
- Plan Sponsor: Hackensack Meridian Health INC
- Sponsor EIN: 823599691
- Sponsor Address: 343 THORNALL ST, EDISON, NJ, 08837
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $1.7B
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 | 0 | $1.7B | $0 | $0 |
| 2023 | 0 | $1.6B | $0 | $0 |
| 2022 | 0 | $1.5B | $0 | $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 |
|---|---|---|---|---|
| LIFEWORKS (US) LTD. | Other Service Provider | $1,041,543 | — | $1,041,543 |
| TCW ASSET MANAGEMENT | Other Service Provider | $944,796 | — | $944,796 |
| NORTHERN TRUST COMPANY | Other Service Provider | $837,106 | — | $837,106 |
| BLACKROCK FINANCIAL MANAGEMENT | Other Service Provider | $465,282 | — | $465,282 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT | Other Service Provider | $282,072 | — | $282,072 |
| RIVER ROAD ASSET MANAGEMENT, LLC | Other Service Provider | $201,490 | — | $201,490 |
| COHEN & STEERS CAPITAL MANAGEMENT | Other Service Provider | $159,936 | — | $159,936 |
| ARROWSTREET | Other Service Provider | $116,775 | — | $116,775 |
| HACKENSACK MERIDIAN HEALTH | Other Service Provider | $102,012 | — | $102,012 |
| TORRILLO & ASSOCIATES, LLC | Auditor | $22,900 | — | $22,900 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TORRILLO & ASSOCIATES, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,173,912
- Estimated Expense Ratio: 0.245% 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 | $6,385,178 | $2,170,351 | $1,041,543 | — | — |
| 2023 | $12,155,423 | $1,424,236 | $967,849 | — | — |
| 2022 | $9,553,489 | $1,789,427 | — | — | $1,714,126 |