Plan Snapshot
- Plan Sponsor: Hackensack Radiology Group, P.A.
- Sponsor EIN: 221968226
- Sponsor Address: 130 KINDERMACK RD., SUITE 200, RIVER EDGE, NJ, 07661
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 89
- Total Assets: $660,847
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. |
|---|---|---|---|---|
| 2025 | 89 | $660,847 | $0 | $0 |
| 2024 | 83 | $50,950 | $1.3M | $696,626 |
| 2023 | 81 | $17,021 | $1.7M | $750 |
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 |
|---|---|---|---|---|
| THE BENECON GROUP | Investment Advisor | $116,493 | — | $116,493 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $57,128 | — | $57,128 |
| ONEDIGITAL (PHILADELPHIA) | Investment Advisor | $48,463 | — | $48,463 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $222,084
- Estimated Expense Ratio: 33.606% 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 |
|---|---|---|---|---|---|
| 2025 | $1,938,518 | — | — | — | — |
| 2024 | $1,866,505 | — | — | — | — |
| 2023 | $1,937,586 | — | — | — | — |