Plan Snapshot
- Plan Sponsor: New Jersey Manufacturers Insurance Company
- Sponsor EIN: 210524225
- Sponsor Address: 301 SULLIVAN WAY, WEST TRENTON, NJ, 08628
- Plan Type: 401(k)
- Total Participants: 2,461
- Total Assets: $875.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,461 | $875.7M | $16.5M | $18.0M |
| 2023 | 2,424 | $787.1M | $15.6M | $17.1M |
| 2022 | 2,370 | $699.0M | $14.8M | $16.3M |
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 |
|---|---|---|---|---|
| VANGUARD GROUP INC. | NONE | $212,167 | — | $212,167 |
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $212,167
- Estimated Expense Ratio: 0.024% 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 | $212,167 | — | $28,600 | — | — |
| 2023 | $196,683 | — | $16,400 | — | — |
| 2022 | $202,312 | — | — | — | $202,312 |