Plan Snapshot
- Plan Sponsor: Njmhmc, LLC Dba Hudson Regional Hospital
- Sponsor EIN: 812857619
- Sponsor Address: 55 MEADOWSLANDS PARKWAY, SECAUCUS, NJ, 07094
- Plan Type: DC
- Total Participants: 926
- Total Assets: $11.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 926 | $11.7M | $118,545 | $1.7M |
| 2023 | 934 | $9.8M | $162,041 | $1.5M |
| 2022 | 826 | $8.0M | $133,269 | $1.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $119,924 | — | $119,924 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $35,647 | — | $35,647 |
| CAMBRIDGE INVESTMENT RESEARCH | ADVISOR | $13,638 | — | $13,638 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $169,209
- Estimated Expense Ratio: 1.446% 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 | $169,208 | $49,284 | — | — | — |
| 2023 | $134,331 | $41,088 | — | — | — |
| 2022 | $118,918 | — | — | — | — |