Plan Snapshot
- Plan Sponsor: New Jersey Electrical Workers Temporary Disability Benefit Trust Fund
- Sponsor EIN: 221714827
- Sponsor Address: 830 BEAR TAVERN ROAD, WEST TRENTON, NJ, 08628
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 6,564
- Total Assets: $5.2M
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 | 6,564 | $5.2M | $5.6M | $0 |
| 2023 | 6,962 | $5.3M | $5.5M | $0 |
| 2022 | 6,738 | $5.1M | $4.6M | $0 |
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 |
|---|---|---|---|---|
| I.E. SHAFFER & CO | Other Service Provider | $82,000 | — | $82,000 |
| GERSON & ASSOC., CPAS AND ADVISORS | Other Service Provider | $15,400 | — | $15,400 |
| OBRIEN, BELLAND & BUSHINSKY LLC | Other Service Provider | $5,521 | — | $5,521 |
| MSPC CERTIFIED PUBLIC ACCOUNTANTS | Auditor | $5,383 | — | $5,383 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MSPC CERTIFIED PUBLIC ACCOUNTANTS — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $108,304
- Estimated Expense Ratio: 2.076% 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 | $138,717 | $6,345 | $82,000 | $20,783 | — |
| 2023 | $136,605 | -$412 | $82,000 | $19,466 | — |
| 2022 | $139,792 | $3,800 | $82,000 | — | $33,579 |