Plan Snapshot
- Plan Sponsor: New Jersey B.A.C. Health Fund Retiree Plan
- Sponsor EIN: 222945933
- Sponsor Address: 14 PLOG ROAD SUITE 3, FAIRFIELD, NJ, 07004
- Plan Type: Health & Welfare
- Plan Number: 502
- Total Participants: 323
- Total Assets: $287,521
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 | 323 | $287,521 | $0 | $1.2M |
| 2023 | 340 | $206,189 | $0 | $1.3M |
| 2022 | 355 | $244,839 | $0 | $1.4M |
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 | $156,672 | — | $156,672 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $156,672
- Estimated Expense Ratio: 54.491% 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 | $156,672 | — | $156,672 | — | — |
| 2023 | $159,180 | — | $159,180 | — | — |
| 2022 | $167,822 | — | $167,822 | — | — |