Plan Snapshot
- Plan Sponsor: Masonic Charity Foundation Of New Jersey
- Sponsor EIN: 210634536
- Sponsor Address: 902 JACKSONVILLE ROAD, BURLINGTON, NJ, 080163896
- Plan Type: 403(b)
- Total Participants: 383
- Total Assets: $17.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 383 | $17.3M | $344,170 | $990,937 |
| 2023 | 380 | $15.6M | $282,319 | $886,621 |
| 2022 | 391 | $13.3M | $326,573 | $926,312 |
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 |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | SERVICE PROVIDER | $37,073 | — | $37,073 |
| GRASSI & CO., CPAS, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — SERVICE PROVIDER
- GRASSI & CO., CPAS, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $37,073
- Estimated Expense Ratio: 0.214% 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 | $37,073 | — | $37,073 | — | — |
| 2023 | $48,271 | — | $48,271 | — | — |
| 2022 | $59,063 | — | $59,063 | — | — |