Plan Snapshot
- Plan Sponsor: New Jersey B.A.C. Health Fund
- Sponsor EIN: 222945933
- Sponsor Address: 14 PLOG ROAD SUITE 3, FAIRFIELD, NJ, 07004
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 708
- Total Assets: $31.1M
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 | 708 | $31.1M | $12.1M | $254,943 |
| 2023 | 748 | $33.7M | $12.0M | $252,324 |
| 2022 | 763 | $35.9M | $12.6M | $296,799 |
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 |
|---|---|---|---|---|
| HORIZON HEALTHCARE SERVICES, INC. | Other Service Provider | $430,223 | — | $430,223 |
| GUARDIAN NURSES HEALTHCARE ADVOCATE | Other Service Provider | $200,109 | — | $200,109 |
| KENNETH CRANDALL | Other Service Provider | $120,361 | — | $120,361 |
| BRIDGEWAY BENEFIT TECHNOLOGIES LLC | Other Service Provider | $117,873 | — | $117,873 |
| MARIA DOLORES LOPEZ | Other Service Provider | $110,371 | — | $110,371 |
| MICHAEL CANNING | Other Service Provider | $83,200 | — | $83,200 |
| VIRGINIA & AMBINDER, LLP | Other Service Provider | $63,658 | — | $63,658 |
| JANET DEPASQUALE | Other Service Provider | $63,404 | — | $63,404 |
| MARIA RIBEIRO | Other Service Provider | $63,032 | — | $63,032 |
| JERYL HERNANDEZ | Other Service Provider | $58,990 | — | $58,990 |
| CHARTWELL INVESTMENT PARTNERS | Other Service Provider | $53,772 | — | $53,772 |
| MARIA PERRELLI | Other Service Provider | $50,676 | — | $50,676 |
| THE SEGAL COMPANY | Other Service Provider | $41,400 | — | $41,400 |
| SUSANIN WIDMAN & BRENNAN PC | Other Service Provider | $39,105 | — | $39,105 |
| RICHARD J. CUMMINGS, CPA | Other Service Provider | $36,000 | — | $36,000 |
| SCHULTHEIS & PANATTIERI LLP | Auditor | $34,806 | — | $34,806 |
| INVESTMENT PERFORMANCE SERVICES LLC | Other Service Provider | $13,750 | — | $13,750 |
| COMERICA BANK | Other Service Provider | $12,803 | — | $12,803 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHULTHEIS & PANATTIERI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,593,533
- Estimated Expense Ratio: 5.122% 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 | $2,676,013 | $75,441 | $430,223 | $36,000 | — |
| 2023 | $1,921,978 | $80,073 | $450,757 | $34,000 | — |
| 2022 | $1,841,503 | $91,553 | $478,238 | — | $250,524 |