# Health Professionals & Allied Employees. Retiree Medical Trust Health & Welfare Plan
Source: https://planprovider.pro/companies/health-professionals-allied-employees-retiree-medical-trust-686254830-501

> Health Professionals & Allied Employees. Retiree Medical Trust's Health & Welfare plan: 6,000 participants, plan year 2024 financials, providers, and benchma…

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Health Professionals & Allied Employees. Retiree Medical Trust

- **Sponsor EIN:** 686254830

- **Sponsor Address:** 140 SYLVAN AVENUE, ENGLEWOOD CLIFFS, NJ, 07632

- **Plan Type:** Health & Welfare

- **Plan Number:** 501

- **Total Participants:** 6,000

- **Total Assets:** $42.2M

## 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|6,000|$42.2M|$38,519|$2.2M|

| 2023|6,000|$35.6M|$21,629|$2.0M|

| 2022|5,282|$29.5M|$25,437|$2.0M|

## 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|

| ZENITH AMERICAN SOLUTIONS|Other Service Provider|$239,826|—|$239,826|

| PAYDEN & RYGEL|Other Service Provider|$80,922|—|$80,922|

| THE WAGNER LAW GROUP|ERISA Attorney|$56,118|—|$56,118|

| PROGRESSIVE BENEFIT SOLUTIONS, INC|Other Service Provider|$46,729|—|$46,729|

| WEAVER AND TIDWELL, LLP|Auditor|$40,415|—|$40,415|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [THE WAGNER LAW GROUP](https://planprovider.pro/provider/the-wagner-law-group) — ERISA Attorney

- [WEAVER AND TIDWELL, LLP](https://planprovider.pro/provider/weaver-and-tidwell-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $464,010

- **Estimated Expense Ratio:** 1.099% 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|$535,847|$80,922|$286,555|$40,415|—|

| 2023|$420,581|$64,834|$214,996|$21,000|—|

| 2022|$407,065|$52,898|$223,454|—|$83,376|

## Similar Plans

- [Njha Insurance Fund](https://planprovider.pro/companies/njha-insurance-fund-226136100-501) — 76,979 participants

- [Hackensack Meridian Health](https://planprovider.pro/companies/hackensack-meridian-health-401k-plan-011) — 39,534 participants

- [Barnabas Health INC.](https://planprovider.pro/companies/barnabas-health-inc-401k-plan) — 28,586 participants

- [Barnabas Health, INC.](https://planprovider.pro/companies/barnabas-health-inc-403b-plan-006) — 27,679 participants

- [Atlantic Health System INC.](https://planprovider.pro/companies/atlantic-health-system-inc-403b-plan) — 22,873 participants

- [Hackensack Meridian Health](https://planprovider.pro/companies/hackensack-meridian-health-403b-plan) — 16,020 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/health-professionals-allied-employees-retiree-medical-trust-686254830-501)

© 2026 PlanProvider.Pro