Plan Snapshot
- Plan Sponsor: Mjh Healthcare Holdings, LLC
- Sponsor EIN: 320578672
- Sponsor Address: 2 COMMERCE DRIVE, CRANBURY, NJ, 08512
- Plan Type: 401(k)
- Total Participants: 843
- Total Assets: $40.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 843 | $40.1M | $1.1M | $5.1M |
| 2023 | 812 | $29.9M | $911,296 | $5.1M |
| 2022 | 789 | $21.3M | $763,875 | $4.2M |
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 |
|---|---|---|---|---|
| NEWPORT GROUP, INC. | RECORDKEEPER | $81,332 | — | $81,332 |
| PNC INSTITUTIONAL ASSET MANAGEMENT | ADVISOR | $47,752 | — | $47,752 |
| WITHUMSMITH +BROWN, PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITH +BROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $129,084
- Estimated Expense Ratio: 0.322% 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 | $131,220 | $49,888 | $81,332 | — | — |
| 2023 | $89,078 | $18,401 | $70,677 | — | — |
| 2022 | $62,816 | $13,212 | $46,283 | — | $3,321 |