Plan Snapshot
- Plan Sponsor: Hackettstown Imaging Services, LLC
- Sponsor EIN: 205972964
- Sponsor Address: 57 ROUTE 46 EAST, HACKETTSTOWN, NJ, 07840
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 243
- Total Assets: $596,997
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 | 243 | $596,997 | $2.2M | $994,474 |
| 2023 | 231 | $143,911 | $739,295 | $273,438 |
| 2022 | 224 | $154,301 | $1.7M | $656,690 |
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 |
|---|---|---|---|---|
| WORLD INSURANCE ASSOCIATES LLC | Investment Advisor | $128,655 | — | $128,655 |
| THE BENECON GROUP | Investment Advisor | $63,948 | — | $63,948 |
| MERITAIN HEALTH, AN AETNA COMPANY | Other Service Provider | $22,275 | — | $22,275 |
| CONNECTCARE3 | Other Service Provider | $15,611 | — | $15,611 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $230,489
- Estimated Expense Ratio: 38.608% 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 | $230,489 | — | $230,489 | — | — |
| 2023 | $84,643 | — | $84,643 | — | — |
| 2022 | $193,534 | — | $193,534 | — | — |