Plan Snapshot
- Plan Sponsor: Njha Insurance Fund
- Sponsor EIN: 226136100
- Sponsor Address: 760 ALEXANDER ROAD, PRINCETON, NJ, 08540
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 76,979
- Total Assets: $9.2M
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 | 76,979 | $9.2M | $26.2M | $0 |
| 2023 | 61,345 | $7.8M | $21.9M | $0 |
| 2022 | 98,505 | $7.1M | $16.7M | $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 |
|---|---|---|---|---|
| FAIRVIEW INSURANCE AGENCY ASSOC | Investment Advisor | $1,128,095 | — | $1,128,095 |
| NJHA HEALTHCARE BUSINESS SOLUTIONS | Recordkeeper | $981,099 | — | $981,099 |
| CORPORATE SYNERGIES GROUP | Investment Advisor | $705,059 | — | $705,059 |
| ALLIANT INSURANCE SERVICES | Investment Advisor | $141,116 | — | $141,116 |
| ARTHUR J. GALLAGHER RISK MANAGEMENT | Insurance Carrier | $110,678 | — | $110,678 |
| MANAGED BENEFIT STRATEGIES | Investment Advisor | $92,486 | — | $92,486 |
| CONNOR STRONG | Investment Advisor | $20,516 | — | $20,516 |
| CHARLES W CAMMACK ASSOC. | Investment Advisor | $7,057 | — | $7,057 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARTHUR J. GALLAGHER RISK MANAGEMENT — Insurance Carrier
- CHARLES W CAMMACK ASSOC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,186,106
- Estimated Expense Ratio: 34.475% 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 | $3,196,325 | $1,488 | $2,873,018 | — | — |
| 2023 | $2,893,149 | $1,746 | $2,570,170 | — | — |
| 2022 | $2,317,516 | $5,088 | $1,340,032 | — | — |